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India's forex reserves grow to $287.37 billion

Jun 18, 2012
After falling for five straight weeks, India's foreign exchange reserves grew by $1.52 billion to $287.37 billion for the week end...

'Inflation cannot be controlled without sacrificing some growth'

Jun 15, 2012
Reserve Bank of India (RBI) governor D Subbarao stated that inflation cannot be controlled without sacrificing some growth. Delive...

Inflation between 6.5-7.5 percent in 2012-3: Fin Min

Jun 15, 2012
Finance Minister Pranab Mukherjee said he is 'confident' that the headline inflation will remain between 6.5 to 7.5 percent in 201...

Indian rupee value rises

May 29, 2012
After hitting a record low of 56.40 against the dollar recently, Indian rupee strengthened for the third consecutive session on Ma...

Fin Min reassures rupee recovery

May 28, 2012
Union Finance Minister Pranab Mukherjee has attributed the cumulative effect of several national and international factors, includ...

FIEO concerned over slump in rupee value

May 24, 2012
The Federation of Indian Export Organisations (FIEO) has expressed concern over the sliding value of the rupee and its impact on e...

Service exports grow to USD12.8 billion in March

May 17, 2012
The records of the Reserve Bank of India (RBI) indicate that the country’s exports of services have grown to USD12.89 billion in...

Inflation causes food prices to surge

May 15, 2012
India's inflation moved up to 7.23 percent in April as compared to 6.89 percent in the previous month, mainly driven by a sharp in...

Inflation rises to 7.23 percent in April

May 14, 2012
India's inflation rose faster-than-expected to 7.23 percent in April as compared to 6.89 percent in the previous month, mainly dri...

India's financial system is strong: RBI Dy Governor

Apr 26, 2012
India's financial system was strong and there was nothing to worry about, Reserve Bank of India (RBI) Deputy Governor KC Chakrabar...

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