Montek on rupee: RBI has a lot of firepower and they will intervene The Reserve Bank likely sold dollars via state-run banks after the rupee slid to a record low, dealers said. The intervention was spotted when the rupee hit 59.90.
Rupee fall: Why ICICI, HDFC Bank may be worst affected A liquidity squeeze by Fed if US economy grows will reduce the flows that were coming to EMs like India, making stocks with high FII holding vulnerable.

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Tips to keep a good credit profile

Tips to keep a good credit profile Make sure you pay as much down payment as possible to finish a loan as soon as you can. This is one of the simplest steps one can take towards a good repayment track record.

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Your glass of Scotch whisky, French wine may get cheaper soon According to reports, Commerce and Industry minister Anand Sharma has made an offer to the EU to slash the import duty on spirits and wines to 40 per cent from 150 per cent currently.
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