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| 2. |
RBI says encouraging more FX flexibility
Reserve Bank of India governor said on Thursday it was necessary to encourage expectations of greater flexibility in the rupee exchange rate, and said India was moving gradually towards that goal.
06 Jan 2008 |
| 3. |
Fed cut relevant, not determining factor: RBI
The decision by the U.S. Federal Reserve to cut interest rates is relevant to Indian monetary policy but not a determining factor, the governor of Reserve Bank of India (RBI), Y.V. Reddy, said.
13 Dec 2007 |
| 4. |
India IT firms upbeat on growth despite softer U.S.
Indian outsourcing companies are optimistic about their growth despite a downturn in the U.S. economy, on hopes of strong technology spending by global firms, and as they focus on expanding their businesses in newer markets.
07 Dec 2007 |
| 5. |
TCS to maintain exposure to financial sector
Tata Consultancy Services says it will not reduce its exposure to the troubled financial sector as the segment continues to grow, its chief operating officer said.
07 Dec 2007 |
| 6. |
Gulf to keep 2010 as single currency target: GCC
The final communique to be issued at the end of a Gulf Arab heads of state summit on Tuesday will maintain a commitment to achieve monetary union by 2010, the secretary-general of the 6-nation Gulf Cooperation Council said.
04 Dec 2007 |
| 7. |
India sees exports slowing to $140 billion
India is likely to miss its export target for the year to end-March due to a jump in the value of the rupee, and rack up exports worth $140 billion, a senior trade ministry official said on Monday.
03 Dec 2007 |
| 8. |
Satyam sees no sign of U.S. outsourcing slowdown
Satyam Computer Services Ltd, India's fourth-ranked software services exporter, is not seeing any indication of a slowdown in outsourcing by U.S. firms, but a strong rupee is a concern, its chairman said.
03 Dec 2007 |
| 9. |
Chidambaram sees FY growth close to 9 percent
Finance minister Palaniappan Chidambaram said on Friday he expected the economy to grow at close to 9 percent in the financial year to end-March, and that inflation would remain at current levels in the months ahead.
30 Nov 2007 |
| 10. |
Oil below $99 on prospect of OPEC supply rise
The weak U.S. dollar helped oil rise above $99 a barrel on Monday, closing in on the $100 milestone, but it retreated from session highs on expectations that an OPEC meeting next week could decide to increase supply.
26 Nov 2007 |
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