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Budget 4 News
Expert View: Rupee outlook on Friday Market Recap: Feb USDINR closed at 49.40, down 17 paise. Spot USDINR closed at a three month low 49.16 from 49.27 and traded the range of 48.95-49.26. USDINR opened near 49 level in the backdrop of improved risk which saw firm start to local equity markets and weakening in US dollar. USDINR briefly dipped below 49 level as the oil importers demand quickly cut of further declines in the pair. For
FY12 fiscal deficit seen at 5.6 pct of GDP: adviser
Food bill: a vote-winner and budget-buster
Food bill: a vote-winner and budget-buster
RBI likely to hold rates if rupee fall has muted impact
Tougher choices for RBI
The industrial production numbers for July confirm the slowdown in tempo, with the month’s growth in output at 3.3 per cent being the slowest in two years. Growth during April-July has |
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