Rupee slides re-accelerate - Rupee down 52p
Kiran Chaube
Jun. 9, 2012

Indian stagflation is the root cause of currency devaluation. Investors find difficulty in finding value in Indian Inc.

The rupee today closed down by a whopping 52 paise at 55.46 against the dollar amid a sudden demand for the US currency after Fitch's downgrade of Spain worsened the Eurozone crisis.

The fundamentals of Indian currency are very weak. A massive devaluation like that in 1991 is inevitable unless something miraculous happen which is very unlikely.

Rupee slides re-accelerate - Rupee down 52p
Kiran Chaube
Indian stagflation is the root cause of currency devaluation. Investors find difficulty in finding value in Indian Inc.
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India may look into quantum cash technologies to bring an end to counterfeiting by Pakistani and Chinese intelligence agencies
Tanvir Singh
India plans to use US technologies and look into quantum cash technologies to stop counterfeiting bu Pakistani and Chinese intelligence agencies.
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Failure of Air India and King Fisher can provide clues to future Indian commercial avation
Balaji Reddy
Air India plans to beat strike with new pilots but the Airlines may be crippled forever and a new alternative may be coming in to take the center stage for Indian national carriers.
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The numbers point to a total meltdown condition. But Pranab Mukherjee on Monday emphasized that Indian economy has not gone back to the 1991 era and the government will be able to improve the situation.
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Foreign institutional investors (FIIs) withdrew Rs. 375 crores in May from Indian Stock market
Sunia Agarwal
FIIs had pulled out Rs 1,200 crore from the stock market in April amid S&P lowering India's credit outlook to negative from stable.
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India arrests deputy general manager of the Securities and Exchange Board of India (Sebi)
Anshu Bandra
India arrests deputy general manager of deputy general manager of the Securities and Exchange Board of India (Sebi) and a middleman under the Prevention of Corruption Act for demanding and accepting a bribe of Rs 10 lakh
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Economic growth concerns and weakening rupee can push Indian stock market to historic low in terms of US Dollar and gold
Surinder khanna
Indian economy is headed for the worst recession since Indian independence. Indian rupee is collapsing against dollar. Unemployment among educated middle class youth is skyrocketing. Poor Indians are finding it tough to put food on the table.
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India headed for a deep recession - GDP growth slows to 5.3% in Q4, slowest since March 2003, Rupee heads to Rs57 to a dollar
Balaji Reddy
Indian educated middle class faces high unemployment. The poor have started starving. The politicians keep looting. The rich industrialist and India Inc. sponsors still enjoy preferential treatment.
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