Money Morning…

January 19, 2015 0

Trade deficit in December hits 10-month low on falling crude prices India’s trade deficit narrowed to a 10-month low in December despite a contraction in exports as a slump in crude oil prices and lower […]

Rupee slips a tad to 63.28…

December 24, 2014 0

The rupee on Tuesday lost three paise to end at 63.28 against the dollar due to sustained capital outflows and fresh demand for the US currency from banks and importers. At the Interbank Foreign Exchange […]

Rupee ends up 5 paise at 63.25…

December 23, 2014 0

The rupee ended 5 paise higher at 63.25 against the dollar amid thin volumes and strong capital flows into the domestic equity markets. The rupee opened almost flat at 63.31 as compared with Friday’s close […]

Money Morning…

December 18, 2014 0

GST Bill gets Cabinet nod; likely in Parliament this session – Positive for overall economy from medium term perspective. Major beneficiaries include i) Banks – SBI, HDFC Bank, Yes Bank, etc ii) Logistic companies – […]

Money Morning…

December 16, 2014 0

Credit growth at 4-month high belies IIP’s gloomy picture: The index of industrial production (IIP) has posted its worst showing in three years, but that’s sharply contradicted by loan growth data which is at a […]

Money Morning…

December 15, 2014 0

Indirect tax collections rise a modest 7.1% in Apr-Nov period: The Finance Ministry will be required to achieve 47%of the Budget target for indirect taxes, comprising customs and excise duties and service tax, in just […]

Rupee trading weak at 61.44…

October 31, 2014 0

The rupee was trading weak by 9 paise at 61.45 against the dollar at 4.03 p.m. local time. After opening weak by 19 paise at 61.54 in early trade due to dollar’s gains against other […]

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