Its lowest point was on Wednesday last. The rupee fell to yet another all time low of 68.75, the biggest one day fall in 20 years. Another big psychological mark of 70 appeared to be ominously close. The decline in the rupee on Wednesday was matched by a fall in the stock prices. The latter, however, recovered towards the close.
While, on most occasions, the stock markets and the rupee have invariably moved down in unison, the recovery in stock prices even when the rupee…Continue
India and China agreed yesterday to make a fresh push to resolve a long-running border dispute in a remote Himalayan region, on the second day of Chinese premier Li Keqiang's visit to New Delhi.
Mr Li, making his first foreign trip since taking office, said Beijing was determined to build up…Continue