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Indian economy

Rupee hits Record Low of 58 vs US Dollar

The Indian Rupee slipped further to touch a record low of 58 against the US Dollar today. The fall of 1.6 per cent has been attributed to heavy dollar demand. It was also the biggest fall or Rupee in a single day since 22nd September 2011.…

Indian Car Sales drop by 6.7% in 2012-13

For the first time in a decade, the car sales in India took a severe beating by showing a sharp fall of 7 percent in this financial year 2012-13. Just two years ago, the Indian car market was considered as one of the most lucrative markets…

Wal-Mart – Good for India?

TNI Bureau: With the approval of the much-awaited FDI in retail by the government of India, can the country fight against the slow economy? The set up of the western market will increase the value of Indian currency against US dollar? Many…
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