Browsing Tag

market

After Onions, Potato Crisis grips Odisha

The timing becomes very bad for people of Odisha, as they observe a complete vegetarian month in Kartika. As West Bengal has stopped the supply of potatoes because a steep hike in the prices in their state, Odisha has been hard hit by this…

India remains Top Recipient of Remittances

India has topped the global list of remittances with $71 billion in 2013. The data has been published by the World Bank, which put China at No. 2 spot with $60 billion in remittances, followed by the Philippines ($26 billion), Mexico ($22…

Rajan surprises, RBI hikes Repo Rate

In a very surprising move, which rattled the India Inc., RBI Governor Raghuram Rajan has announced a hike of 25 basis points in the repo rate, making things difficult for the banks. The decision triggered an immediate fall in the market and…

US Fed Impact: Rupee on a High, Sensex Soars

After a surprising decision by the US Federal Reserve, which decided to continue buying bonds at the current rate of USD 85 billion a month for now instead of announcing a $10-15 billion reduction to its asset purchase programme, the Indian…