The rupee continued to slide for the eighth consecutive session on Thursday and fell to yet another record low of 72.11 against the dollar in intra-day trade before ending the session at a fresh closing low of 71.9875.
The rupee slipped to a record low of 70.64 against the dollar on Wednesday in intra-currency trades and staged only a limited recovery to end the session at 70.59. The Indian currency has now lost nearly 10% since January mak
Corporate bond yields are at a two-year high, according to data compiled by CARE Ratings, which has pointed out that the weighted average yield across all maturities and tenors has risen by 70 basis points (bps) to 9.1% in th
The single biggest problem in the Indian economy is that there is still a reluctance and unwillingness of the private sector to invest. It is a complex situation, and we do not know when it will get resolved, says Hitendra Da