Falling gold, oil prices will help India curb CAD

Sharp decline in prices of gold and crude oil, coupled with softening inflation, augur well for the economy as it will help curb the Current Account Deficit, according to economists. "To a certain......

Re moves in tandem with stocks, rises by 30 paise

In sync with the stock market, rupee on Friday soared by 30 paise to close at two-week high levels of 55.36 against the US dollar on the back of capital inflows after European Central Bank's......

Factory output grows after 2-month decline

Industrial output expanded 1.4 per cent in April after two months of decline, leading experts to predict that the economy had bottomed out. A return to 8-plus per cent industrial expansion was,......

Falling inflation a cause of concern

After the initial euphoria, there is a growing concern as inflation goes down to less than a quarter from its 13-year high of 12.91 last August and seems headed towards zero and sub-zero levels......