http://www.firstpost.com Firstpost Fri, 24 May 2013 21:30:49 +0000 en-US hourly 1 http://www.firstpost.com/economy/rupee-staring-at-56-to-the-dollar-hits-new-six-month-low-808213.html#comments Thu, 23 May 2013 06:36:39 +0000 FP Staff http://www.firstpost.com/?p=808213 The rupee's weakness can be attributed partly to the dollar's strength and the oncoming political uncertainties in the country, the high current account deficit and the RBI's efforts to intervene in the markets to buy dollars.]]> http://www.firstpost.com/economy/rupee-staring-at-56-to-the-dollar-hits-new-six-month-low-808213.html/feed 0 http://www.firstpost.com/economy/why-chidambaram-doesnt-yet-deserve-an-upgrade-801117.html#comments Tue, 21 May 2013 07:00:31 +0000 Jagannathan http://www.firstpost.com/?p=801117 The FM wants the country upgraded, when the economic turnaround is far from real. The turnaround achieved is too little and aided largely by commodity price falls]]> http://www.firstpost.com/economy/why-chidambaram-doesnt-yet-deserve-an-upgrade-801117.html/feed 0 http://www.firstpost.com/economy/rbi-happy-with-inflation-another-rate-cut-soon-785273.html#comments Wed, 15 May 2013 11:45:08 +0000 hidden http://www.firstpost.com/?p=785273 Reserve Bank of India has said it would take into account falling inflation while deciding on policy initiative in its review next month]]> http://www.firstpost.com/economy/rbi-happy-with-inflation-another-rate-cut-soon-785273.html/feed 0 http://www.firstpost.com/economy/rupee-weakens-despite-wpi-easing-cad-worries-continue-782175.html#comments Tue, 14 May 2013 12:54:59 +0000 hidden http://www.firstpost.com/?p=782175 The rupee still remains constrained by other factors, including concerns the current account deficit will widen after data on Monday showed a spike in the trade deficit due to a jump in gold and oil imports.]]> http://www.firstpost.com/economy/rupee-weakens-despite-wpi-easing-cad-worries-continue-782175.html/feed 0 http://www.firstpost.com/economy/govt-expects-foreign-gold-appetite-to-subside-by-next-month-781877.html#comments Tue, 14 May 2013 11:58:05 +0000 hidden http://www.firstpost.com/?p=781877 Talking to reporters, Economic Affairs Secretary Arvind Mayaram said it appears that to hedge against future rise the traders in India have imported large quantity of gold.]]> http://www.firstpost.com/economy/govt-expects-foreign-gold-appetite-to-subside-by-next-month-781877.html/feed 0 http://www.firstpost.com/economy/govt-examining-all-possibility-to-raise-fdi-ceiling-to-up-inflows-rajan-749663.html#comments Fri, 03 May 2013 09:50:38 +0000 hidden http://www.firstpost.com/?p=749663 Chief Economic Advisor Raghuram Rajan today said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic growth]]> http://www.firstpost.com/economy/govt-examining-all-possibility-to-raise-fdi-ceiling-to-up-inflows-rajan-749663.html/feed 0 http://www.firstpost.com/economy/rbi-cuts-rate-for-now-but-says-further-reductions-not-a-given-748921.html#comments Fri, 03 May 2013 05:57:23 +0000 FP Staff http://www.firstpost.com/?p=748921 The Reserve Bank of India today cut the policy rate by and expected 25 basis points to 7.25 percent but cautioned that there is only little space to further monetary easing. It also projected a bearish 5.7 percent GDP growth for 2013-14.]]> http://www.firstpost.com/economy/rbi-cuts-rate-for-now-but-says-further-reductions-not-a-given-748921.html/feed 0 http://www.firstpost.com/economy/how-deep-will-rbi-go-on-rate-cuts-745785.html#comments Thu, 02 May 2013 07:56:35 +0000 Sourav Majumdar http://www.firstpost.com/?p=745785 With inflation trending lower and commodity prices coming down, a section of experts feels there’s a case for RBI to go deeper on rate cuts together with CRR cuts and OMO. The question is, will it? ]]> http://www.firstpost.com/economy/how-deep-will-rbi-go-on-rate-cuts-745785.html/feed 0 http://www.firstpost.com/economy/indias-cad-to-come-down-to-2-5-of-gdp-in-2-3-years-montek-743577.html#comments Wed, 01 May 2013 08:38:56 +0000 hidden http://www.firstpost.com/?p=743577 Plan panel Deputy Chairman Montek Singh Ahluwalia today expressed confidence that the current account deficit will come down to 2.5 percent of GDP in the next two to three years from about 5 per cent currently. ]]> http://www.firstpost.com/economy/indias-cad-to-come-down-to-2-5-of-gdp-in-2-3-years-montek-743577.html/feed 0 http://www.firstpost.com/economy/cad-likely-to-improve-to-3-9-of-gdp-in-fy14-says-barclays-740399.html#comments Tue, 30 Apr 2013 06:36:48 +0000 hidden http://www.firstpost.com/?p=740399 India's current account deficit (CAD) is likely to witness a "gradual" improvement in the next two to three years and it is expected to come down to 3.9 per cent of the GDP this fiscal, says a Barclays report. ]]> http://www.firstpost.com/economy/cad-likely-to-improve-to-3-9-of-gdp-in-fy14-says-barclays-740399.html/feed 0