Rupee Fall
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Forex reserves plunge below $400 bn mark for first time in over a year, Reserve Bank data shows
•This is the second consecutive week of major fall in the reserves which indicates that the RBI has been selling the greenback to fight the fall in rupee, which had crossed the 73-mark earlier this week. The local unit closed at 71.84 on Friday.
Rupee falls to lifetime low: No need for 'knee-jerk' reactions, says finance minister Piyush Goyal
•The rupee had on Thursday breached the 69-mark against the US dollar for the first time due to multiple headwinds like weak global cues and inflation concerns. It finally ended at an all-time low of 68.79, slumping 18 paise.
GDP decline: Economy needs tariff cuts, weaker rupee not govt spending boost, says Arvind Panagariya
Fp Staff •Arun Jaitley last Wednesday had said the government is considering additional measures to bolster the economy without giving details on the likely steps
RBI's move to stem rupee's fall erodes forex reserves by $1.90 bn
Fp Archives •Forex reserves stood at $351.73 billion for the week ended November 6
Forget volatility, mid-cap stocks are not down and out; here's why experts are betting on them
Prasannad •The current volatility in domestic market may have taken some sheen off the second-rung stocks, but the market still has a lot of appetite for quality mid-cap players
How to cash in on global crisis: What Narendra Modi is discussing with India Inc
Fp Staff •In all likelihood, RBI rate cut will again be one of the key talking points today at the meeting
Early crash takes Sensex losses to nearly 800 pts in two days; rupee, China pummel stocks
Prasannad •Market breadth was extremely weak with 1,618 stocks declining against 436 advances on BSE
Rupee fall: HSBC downgrades Indian shares to neutral
Fp Archives •Global financial services major HSBC has downgraded Indian equities from "overweight" to "neutral" citing that the country would struggle to defend a falling currency and declining growth.
Rupee fall effect: FIIs pull out $3 bn from capital markets in July
Fp Archives •The outflows as of July 19 were about Rs 11,196 crore (USD 1.87 billion) from the debt market and Rs 6,005 crore (USD 1 billion) from equities, according to data on net FII investments with market regulator Sebi.
Where NRI money should go in a falling rupee scenario
Fp Staff •