LATEST NEWS

Read the latest economic and financial news right here, with frequent updates. Keep your eyes on this area to read the news as it happens.

Search:     View Archive

        

B R Shetty buys Travelex Holdings for £1 bn
29 May 2014
Lauren Middleton
India born Abu-Dhabi based billionaire B R Shetty is acquiring leading foreign exchange specialist firm Travelex Holdings for one billion pounds
Read More >>
New state initiative to provide loans and financial security for women
05 December 2013
Which Way To Pay
With a focus on lending to women and increasing their financial security, India has taken the initiative to open its first state owned bank aimed at women.
Read More >>
People shy away from loans as due to uncertain job market
29 October 2013
Which Way To Pay
People in India are discouraged from borrowing credit due to the uncertainty in the job and share market
Read More >>
India rupee currency slumped nearly four percent to a fresh record low against the US dollar
12 September 2013
Which Way To Pay
The Indian currency has hit a record new low against the US dollar amid growing concerns on the nation's foreign exchange reserves
Read More >>
Increase in distressed loans eats into the profits of State Bank of India
19 August 2013
Which Way To Pay
Indian banks will have to contend with rising interest rates and an increase in bad corporate loans due to an increase in distressed loans.
Read More >>
Banks announce caution over education loans as demand remains strong
12 August 2013
Which Way To Pay
Lenders remain sceptical about education loans as students disappear from the radar of the bank and there is an increase in default on these loans.
Read More >>
Insurance company required to pay out 6 lakh to doctor’s son
03 August 2013
Which Way To Pay
Due to vague insurance terms and conditions, an insurance firm has been forced to pay out 6 Lakhs.
Read More >>
The Reserve Bank of India has made it more expensive for banks to borrow funds.
30 July 2013
Which Way To Pay
Banks have limited cash to lend to customers who want to take out a loan, resulting in a major setback for individual borrowers.
Read More >>
FICCI: The worst is not over yet
09 June 2013 11:15
Mark Maffia
India's industry business confidence dropped for the second quarter in a row. This is the result of a recent survey conducted by the FICCI
Read More >>
Honda aims to be faster than Hero
12 March 2013
Mark Maffia
Two years after the Japanese car manufacturer Honda split from the Hero group, it now hopes to overtake Hero and become India's largest manufacturer of two- wheelers by the year 2015
Read More >>
BlackBerry 10 to be launched today in India
25 February 2013
James Larkin
Today BlackBerry will introduce their new Smartphone in this country. The Canadian company said that the launch will take place at an event in Mumbai
Read More >>
Retail: Walmart and Tesco not hurrying to open outlets in India
25 January 2013
Mark Maffia
Tesco and Walmart will open no stores in India in the near future, although the Minister for Commerce and Industry, Anand Sharma would like to see it
Read More >>
Economic Guidance Given To The Indian Public
23 October 2012
Phoebe Robinson
It has been brought to light by economists the paradox that is India. The country produces endless clever economists which you come across everywhere in the world, whether it is in a financial institution or a university.
Read More >>
Indian Economy Expands More Than China In Last Quarter
11 October 2012 11:00am
Which Way to Pay
An HSBC survey said economic growth in emerging market economies slowed in the July to September quarter on poor performance by the manufacturing sector, but India expanded more than China.
Read More >>
S&P Lowers India’s Growth Forecast
25 September 2012 13:00
Which Way to Pay
Global ratings agency Standard & Poor’s said it has cut India’s economic growth forecast by 1% to 5.5% for 2012 because of deficient rainfall and lingering crisis in the Eurozone and weak recovery in the United States.
Read More >>
India’s Economy Affected By Inflation
02 August 2012 23:00
Lucy Williams
The Indian economy will face further issues as rising inflation affects economic growth.
Read More >>
Consumer Spending Fall Dramatically
30 July 2012 21:00
Phoebe Robinson
It seems like the emtyness of one of India’s biggest shopping centres is reflecting a cool down on India’s economic front. The shopping centre in Mumbai it is said “can feel like a lonely place” at the moment.
Read More >>
Political Disunity Hinders Economy
26 July 2012 22:30
Lucy Williams
Indian economic recovery continues to be affected by political disunity within India’s ruling coalition.
Read More >>
Indian Economic Growth Shows Significant Slowdown
19 July 2012 22:30
Lucy Williams
It has been forecasted that India’s economy will grow at its slowest pace in ten years. This comes as a result of tight monetary policies and global economies show further weakening. Not only is India facing increasing economic issues but its currency the rupee has been reaching fresh all-time lows against the US dollar.


Read More >>
US Worried About Indian Economic Climate
17 July 2012 23:00
Lucy Williams
Barack Obama has been criticised for citing concerns over India’s investment climate and its economy. Over the weekend Obama expressed concerns over India’s economic reforms causing outrage in India. In an interview with the Press Trust of India, Obama suggested that in the current economic climate it was too risky for US businesses to invest in India.
Read More >>
India’s June Services PMI Expands
04 July 2012 11:00am
Florence Fullalove
According to an HSBC survey, India’s services sector last month expanded for the eighth straight month but a slower pace.
Read More >>
India Shows Determination
21 June 2012 16:30
Phoebe Robinson
Prime Minister Manmohan Singh is showing great determination to get the country’s recovery to speed up and ensure higher growth
Read More >>
Singh Says Indian Economy Will Fight Back
19 June 2012 17:00
Phoebe Robinson
Anxiety over the fall in India’s economic growth was shown by Prime Minister Manmohan Singh at the G20 summit in Mexico today.
Read More >>
Indian Economy To Grow 6.9%
13 June 2012 16:00
Florence Fullalove
The World Bank has forecasted the Indian economy will grow by 6.9% in 2012-2013 as problems like policy uncertainties, fiscal deficit and inflation were causes for concern.
Read More >>
India’s Economy Grows At Slowest Pace In 9 Years
31 May 2012 13:00
Mark Maffia
India’s gross domestic product grew at its slowest pace in almost a decade in the first quarter of this year, adding to concerns that the nation’s economy is heading for trouble.
Read More >>
Finance Minister Says India’s Economy Is Resilient
29 May 2012 14:00
Florence Fullalove
India's Finance Minister, Pranab Mukerjee, has said that India’s domestic demand, high savings rate and regularity mechanism make it a resilient economy.
Read More >>
Morgan Stanley Cuts India’s Growth Forecast To 6.3%
21 May 2012 17:00
Florence Fullalove
Morgan Stanley have cut India’s economic growth forecast for 2012 to 6.3% from 6.9%, while also cutting its forecast for 2013 to 6.8% from 7.5%.
Read More >>
India’s Inflation Rates Surges To 7.23%
15 May 2012 16:00
Mark Maffia
The Ministry of Commerce and Industry said that India’s inflation rate surged to 7.23% in April amid higher prices of foods items, fuels and manufactured goods, well above expectations and reversing the downward trench of recent months.
Read More >>
UN Report – India’s Economy To Grow 7.5%
11 May 2012 20:00
Victoria Wedderburn
A United Nation report has said that India is expected to see a growth of 7.5% this fiscal year despite most of the Asia-Pacific economies likely to expand at a slower pace.
Read More >>
India and South Africa To Improve Social, Cultural and Economic Ties
02 May 2012 10:00am
Crage Campbell
Indian President Pratibha Patil has met with President Jacob Zuma in Pretoria ahead of business forum on economic links between the two countries. India’s President said that finding business opportunities in South Africa will be the aim of the delegation.
Read More >>
S&P Lower India’s Rating Outlook To Negative
26 April 2012 11:00am
Florence Fullalove
Global agency Standard & Poor’s have revised India’s long-term rating to negative from stable citing a slowdown in investment and economic growth and a widening current account deficit.
Read More >>
Finance Minister Confident Of India’s Growth
23 April 2012 17:00
Jack Stupple
Despite fears of a slowdown in India’s economic growth rate, Finance Minister Pranab Mukherjee said he was confident that the Indian economy would survive thanks to its strong fundamentals and resilience to take a higher growth trajectory.
Read More >>
India First Rate Cut In 3 Years
17 April 2012 14:30
Jack Stupple
The Reserve Bank of India cut its key interest rate by 0.5% today, the first cut in three years. India’s central bank cut its policy repo rate to 8% from 8.5% in a move that was bigger than expected.
Read More >>
India's Economy To Grow 7%
11 April 2012 11:00am
Victoria Wedderburn
The Asia Development Bank have said India’s economy in 2012 is expected to grow at the slowest pace since 2009 as investment remains slow.
Read More >>
India’s Manufacturing PMI Declines To Three Month Low
03 April 2012 16:30
Victoria Wedderburn
India’s HSBC Purchasing Managers Index (PMI), an indicator used to measure the health of the manufacturing sector, eased to 54.7 in March from 56.6 in February and 57.5 in January.
Read More >>
BRICS Countries Want Own Institutions And Own Voice
30 March 2012 16:00
Jack Stupple
Brazil, Russia, India, China and South Africa, coming under the name of BRICS, met at a summit in Delhi yesterday. The BRICS countries were determined in their frustration to set up their own development bank, with an eventual view to creating an alternative to the IMF.
Read More >>
India Is World’s Second Most Confident Economy
28 March 2012 15:30
Jack Stupple
According to Ipsos, a global research firm, Indians have emerged as the second most confident people about their economy across the world on easing inflationary pressure and increased foreign investments.
Read More >>
IMF Praise India’s Efforts On Economic Reforms
23 March 2012 17:00
Mark Maffia
The International Monetary Fund (IMF) praised India’s management of its economy considering global uncertainties.
Read More >>
India’s Internet Growth Faster Than Major Economies
20 March 2012 18:00
Florence Fullalove
According to a report by The Boston Consulting Group (BCG) India’s Internet economy is expected to hit 10.8 trillion rupees by 2016, faster than most major economies worldwide and is expected to rank 5th in the world by 2016.
Read More >>
India Economy Survey Expects 7.6% Growth
15 March 2012 20:30
Florence Fullalove
The annual Economic Survey released today by the finance ministry has said that India’s economy is likely to pick up pace in this year and in 2013 and grow 7.6%.
Read More >>
India Economy Showing Signs Of Positive Momentum
13 March 2012 16:00
Victoria Wedderburn
The Organisation for Economic Cooperation and Development (OECD) has said that most of the developed economies are showing positive change in momentum, while momentum is stronger in India and Russia.
Read More >>
Election May Dictate Pace Of Economic Policy Changes
06 March 2012
Which Way to Pay
The Indian National Congress Party suffered a defeat in a pivotal election in the country’s largest state, Uttar Pradesh, leading many to question their policy agenda.
Read More >>
India’s Economic Growth Declines To 6.1 %
02 March 2012
Which Way to Pay
India’s economy grew at its slowest pace in nearly 3 years in the last quarter of 2011 to 6.1%. This has increased pressure on the central bank to lower interest rates regardless of continuing inflation.
Read More >>
Iran ‘Oil Shock’ Will Hurt India’s Economy
28 February 2012
Which Way to Pay
Escalation in Iran-Israeli tension has already sent crude oil prices edging up and could cause significant problems for India.
Read More >>
India and Canada To Conclude Trade Talks
20 February 2012
Which Way to Pay
Canada and India are expected to complete discussions on a comprehensive economic partnership agreement in 2013.
Read More >>
India's Inflation Eases To 26 Month Low Of 6.55 %
15 February 2012
Which Way to Pay
India’s inflation slowed to its lowest level in more than two years in January thanks to a fall in food prices.
Read More >>
India Economy Improving According to OECD Survey
13 February 2012
Which Way to Pay
According to the Organisation for Economic Cooperation and Development (OECD) India, and most of the developed world showed signs of better growth in December.
Read More >>
India's Economic Growth To Fall Below 7 %
09 February 2012
Which Way to Pay
India's economy is expected to grow by 6.9 %, the slowest in three years according to figures released but the Ministry of Statistics and Programme Implementation.
Read More >>
India May Struggle To Keep Its Stable Rating
06 February 2012
Which Way to Pay
Rating Agency Standard and Poor’s have said that high inflation along with slower economic growth and a weak government fiscal position will negatively impact India’s sovereign rating.
Read More >>
India Revises Economic Growth to 8.4%
01 February 2012
Which Way to Pay
The Indian government revised its economic growth estimates for 2010-11 to 8.4 % down from its earlier forecast of 8.5 %.
Read More >>
India Continues To Buy Oil From Iran
26 January 2012
Which Way to Pay
India could find itself in hot water after officials in Deli said they were committed to carrying on importing oil from Iran despite Western sanctions against Tehran.
Read More >>
Gold Demand To Rise as Government Increase Import Duty
17 January 2012
Which Way to Pay
Today, India’s government made the decision to change the import duty on gold to 2% of value from the earlier flat 300 Rupees per 10 grams which could potentially double duties on gold.
Read More >>
Threat of Inflation Subsides
06 January 2012
Which Way to Pay
India’s 10 year bonds achieved extensive gains since May 2010 on newly found confidence that decreased food prices will put an ease on inflation.
Read More >>
Price of Carbon Credit Set to Increase After Kyoto Deal Extension
13 December 2011
Which Way to Pay
Carbon credit prices which are currently fallen to euro 5 per unit, are far under the psychological level of euro 10 per unit. They were hoped to be bettered by the Kyoto Protocol for an additional 5 years, thus securing the long-term fundamentals of the Indian greenhouse gas (GHG) emission reduction market.


Read More >>
Rupee Loses 24 Paise Against US Dollar
05 December 2011
Which Way to Pay
In early trade today the Indian rupee lost 24 paise to a low of Rs 51.44 per US dollar as demand for the US currency from corporate institutions and banks is renewed from a higher dollar in foreign markets.


Read More >>
Sensex Loses 122 Points
29 November 2011
Which Way to Pay
The BSE benchmark index Sensex lost over 122 points in early trade this morning as new selling pressure mounted in realty, refinery, IT, PSU and metal stocks as foreign capital persistently flows out regardless of strong global signs.
Read More >>
Sensex Up 151 Points in Opening Trade
22 November 2011
Which Way to Pay
The benchmark index Sensex has made a comeback of over 151 points in opening trade today. The hike comes after eight days of losing on the BSE benchmark Sensex as investors begin to buy again.
Read More >>
RBI Keeping a Close Eye on the Rupee
16 November 2011
Which Way to Pay
The finance minister Pranab Mukherjee today announced that the Reserve Bank of India will continue to monitor the rupee as the currency dips to a 32-month low against the US dollar. Pranab also said that the RBI will intervene in the forex market ‘as and when necessary’.
Read More >>
Sensex Loses Over 200 Points after Downgrade
09 November 2011
Which Way to Pay
The benchmark index Sensex lost 207 points today, pushed down by stocks sold off in banking, realty and oil. The market fall follows the downgraded outlook of the banking system in India by the ratings agency Moody’s.


Read More >>
More Levies on Cigarettes and Diesel Cars Planned by Government
01 November 2011
Which Way to Pay
Proposals to introduce additional levies on diesel cars and cigarettes are being considered by the finance ministry. Such increases are hoped to generate vital funds without stunting economic growth and aggravating inflation.
Read More >>
Repo Rate Once Again Hiked by RBI
26 October 2011
Which Way to Pay
For the 13th consecutive time since January 2010, the Reserve Bank of India increased key rates yesterday by 25 basis points. The increase however is thought to be the last as the central bank acknowledged the rate hike’s affect on economic growth.
Read More >>
Food Inflation Back up to Double Figures
20 October 2011
Which Way to Pay
Today saw the inflation rate on food across India return to double figures. This was largely driven by hikes in the price of vegetables as well as other staples and creates a whole host of new problems for the struggling government. Throughout the week beginning with the 2nd of October, food inflation escalated to 10.6% when compared with the same week from a year earlier.
Read More >>
Food Inflationary Rate Falls Slightly to 9.32%
13 October 2011
Which Way to Pay
Government data released today showed that India’s food price index increased 9.32%, with the fuel price index rising 15.10% throughout the year to the end of September. Last week the rates were 9.41% and 14.69% respectively.
Read More >>
Reliance Industries Makes Deal with Disney
10 October 2011
Which Way to Pay
The largest listed firm in India, Reliance Industries, has made a deal with Walt Disney, Indian branch, to buy content for its telecom operations. The deal is with UTV Software, a company which Disney owns the majority stake, and is hoped to be signed over the next few weeks.
Read More >>
Indian Market Favours BlackBerry Over Apple
04 October 2011
Which Way to Pay
The maker of the world’s most popular smartphone, Apple, is finding the Indian market unreceptive to the iPhone. There are 602 million active smartphone users across India and is the second biggest mobile phone market; yet the Californian technology giant ships fewer iPhones to India than it does to Norway.
Read More >>
RBI Governor Hints at Rate Hikes
28 September 2011
Which Way to Pay
The Reserve Bank of India has indicated that rates may be hiked further as aggressive monetary policy is maintained as government policy carries on pushing for fiscal growth.
Read More >>
As Rupee Slides, RBI Says No Intervention Required Yet
23 September 2011
Which Way to Pay
As the Rupee falls to the lowest value in 28 months, the Reserve Bank of India has announced today that no intervention in the forex market is necessary at this time, although if it were to take any action it would be to limited to curbing volatility of markets.
Read More >>
Petrol Prices Increased Again
20 September 2011
Which Way to Pay
The latest increase of the price of petrol by the UPA government has had strong public resistance, and calls for a cut in prices are louder than ever. The cost of petrol throughout India has been hiked 12 times in 15 months, and has left the price of fuel among the highest in the world. The issue it seems is not the increasing price of oil, but to taxes.
Read More >>
Inflation in India at Highest Level for 13 Months
14 September 2011
Which Way to Pay
August saw the rate of inflation in India accelerate to 9.78%, the highest level in 13 months. The hike in rate highlights the difficult choices that face policy-makers at the moment regarding sluggish economic growth and ever-increasing inflation.
Read More >>
High Base Effect of Food Inflation
08 September 2011
Which Way to Pay
The Government has revealed that food inflation has fallen to a single digit percentage at 9.55% for the week ended 27 August. The previous week saw annual food inflation at 10.05% as measured on the basis of the Wholesale Price Index (WPI). In the corresponding week of 2010 The rate of price rise of food items was 14.76% proving India is managing to brace against inflation even amidst the economically testing times.
Read More >>
Gold Falls Over 2%
07 September 2011
Which Way to Pay
India is the world’s biggest bullion buyer and weaker overseas trading markets as well as a stronger rupee has seen a drop in gold prices by over 2% today as gold traders in India booked deals to stock up ahead of a slew of festivals and weddings.
Read More >>
India Pays Off $5bn of Oil Debt
06 September 2011
Which Way to Pay
A sanction-related problem over the trading of oil has seen India accumulate $5 billion of Iranian debt. However, Central Bank Governor Mahmoud Bahmani told the official IRNA news agency on Sunday that the debt with Iran has been cleared
Read More >>
Gold Rush Maybe Hampering Indian Growth
05 September 2011
Which Way to Pay
In the current financial market, the fascination and demand for gold is globally tangible and with India as a huge gold consumer, we are lying central in the 2011 gold rush. However, is the glitter of gold actually taking a shine of the Indian economy? With the majority of money being locked up in yellow metal and being left to sit idle in bank lockers or jewellery, we are effectively losing circulating capital.
Read More >>
India will have 403,000 Millionaires by 2015
02 September 2011
Which Way to Pay
A report from Julius Baer released on Wednesday has stated that Asia will have an added 1.66 million dollar-millionaires by 2015. This would take the total number of wealthy to 2.82 million by 2015 which continues to prove China and India are amongst the world's fastest-growing major economies and minting millionaires.
Read More >>
Economic Downturn Could Affect Capital Outflows from Asian Economies: ADB
01 September 2011
Which Way to Pay
A senior official at the Asian Development Bank (ADB) said that severe economic downturn in major economies, such as that of the US and Europe, could destabilise capital flows in East Asian economies.
Read More >>
Forbes Asia’s ‘Best Under a Billion’ List
31 August 2011
Which Way to Pay
Thirty-five Indian companies have been ranked among the top 200 Asia-Pacific corporations in this year’s Forbes Asia’s ‘Best Under a Billion’ list.
Read More >>
Economy Growth Looking Sluggish
30 August 2011
Which Way To Pay
India’s economy growth is the weakest it has been in six quarters at 7.7 per cent. This is also the second straight quarter it has fallen below 8 per cent.
Read More >>
Government to Relax Insurance Act
25 August 2011
Which Way to Pay
The government look set to relax the norms for dilution of stake by Indian promoters of insurance companies. This move will facilitate the selling of a 26% stake in Reliance Life to Nippon of Japan.
Read More >>
Growth Slowdown in China & Germany
24 August 2011
Which Way to Pay
Economic growth in China and Germany is reportedly slowing according to a survey of industrial managers and analysts released in the New York Times yesterday. This news raises questions about whether two of the world’s most dynamic economies will be able to compensate for weakness in Europe and the United States.
Read More >>
Reserve Bank of India Bank Loans Provisional up 20.2%
23 August 2011
Which Way to Pay
Provisional central bank data from the Reserve Bank of India have shown that national bank loans have risen this year by 20.2% as of August 12.
Read More >>
Rupee Falls Against the Dollar
22 August 2011
Which Way to Pay
After a gap of three-and-a-half months, today the Indian rupee shed 36 paise against the dollar to below the Rs 46 per US dollar mark. This drop in the Indian currency comes as a result of persistent demand for the American currency from bank and importers due to dollar firmness overseas.
Read More >>
Price of Gold Continues to Surge
18 August 2011
Which Way to Pay
Gold has reached an all-time high of Rs 26,840 per 10 grams today reflecting the fact that it remains a safe haven in volatile markets. Sustained purchase of gold worldwide has been seen by investors and stockists resulting in the increase in value.
Read More >>
Government Suspend Ramadoss, New India Assurance CMD
17 August 2011
Which Way to Pay
The Government has suspended the New India Assurance Company’s Chairman and Managing Director M Ramadoss. The suspension comes as the CMD is accused of alleged irregularities in granting credit insurance cover to Paramount Airways during his tenure as the head of the Delhi-based Oriental Insurance Company.
Read More >>
Higher Taxes: The Price of Free Healthcare for India
16 August 2011
Which Way to Pay
The government is considering a proposal to levy a surcharge funding free healthcare for every Indian citizen. Should the ambitious proposal gain wind, you may well see a sharp rise in taxes to fund this liberal healthcare initiative.
Read More >>
S&P: India’s Sovereign Rating
15 August 2011
Which Way to Pay
Standard & Poor report that there is no immediate threat to India’s Sovereign rating. Sovereign ratings are opinions that reflect the ability and willingness of the rated entity to meet financial obligations.As such, concerns that India could lose its BBB rating as a result of loose fiscal policy as well as the government’s inability to follow through on economic reform strategies have been silenced in the medium-term at least.

Read More >>
Credit Card Transactions Up 30%
11 August 2011
Which Way to Pay
Credit card transactions this June increased 29.8% on the same month last year translating to a value of Rs 7,191.11 crore. In June 2010, data from the Reserve Bank of India recorded a significantly smaller amount of Rs 5,538.75 crore in credit card transactions.
Read More >>
Debt-laden Companies Slow India’s Economy
10 August 2011
Which Way to Pay
Despite Rajat Jain’s interview published today in the Economic Times saying that India is still among the best-performing markets in the world, the Principal of the Mutual Fund may not be aware of the present strain upon banks arising from debt-laden companies.
Read More >>
Mumbai Markets Slip Further into the Red Zone
09 August 2011
Which Way to Pay
Today has seen a highly volatile Indian stock market with the benchmark index diving back into the red after fluctuating more than 1,600 points between negative and positive territories.
Read More >>
S&P: India may Undergo Credit Rating Downgrade
08 August 2011
Which Way to Pay
The rating agency Standard & Poor cautioned that countries still emerging from the economic meltdown of 2008 could face a lowering in sovereign rates with particular mention to India, Japan and Malaysia.
Read More >>
Government Talks of Withdrawing Subsidised Diesel
04 August 2011
Which Way to Pay
A Government announcement in New Delhi today indicates that car owners may lose the subsidy of Rs 6.08 per litre on diesel. This news comes as figures show that passenger cars now consume about 15% of the country’s total diesel consumption.

Read More >>
HDFC Increase Home Loan Rates
03 August 2011
Which Way to Pay
The Housing Development Finance Company (HDFC) has raised its home loan rates by 50 basis points meaning existing loan customers of mortgages with them should prepare for higher equal monthly instalments (EMIs).
Read More >>
Why Invest in Travel Insurance?
03 August 2011
Which Way to Pay
There are many forms of travel insurance and with the price of living on the increase it is more important than ever to safeguard against financial losses, especially when the decision is made to spend some of that hard earned cash on a trip abroad!
Read More >>
Indian Rupee Falls 18 Paise vs US Dollor
02 August 2011
Which Way to Pay
The Indian rupee is down 18 paise today against the US dollar to Rs 44.25 as a result of recent demand for American currency from banks and importers in the midst of weakness in the domestic equity market.
Read More >>
Government Approves $7.2bn Reliance-BP Deal
22 July 2011
Which Way To Pay India
NEW DELHI: After a near five month wait and 7.2 billion USD later, Uk’s BP Plc have been granted clearance by the government to buy a 30% stake in most of Reliance Industries’ oil and gas blocks.
Read More >>
Lupin Shares Plummet as Jhunjhunwala Cuts Stake
20 July 2011
Which Way to Pay
The renowned investor of drug-maker Lupin Ltd, Rakesh Jhunjhunwala, has lowered his stake in the company by more than half. Jhunjhunwala sold over Rs 300 crore of stock at current prices and this has seen immediate adverse effects on the stock price of Lupin Ltd
Read More >>
India And The USA Should Become Closer Trading Partners
29 June 2011
Which Way To Pay
The USA is attempting to woo India into becoming one of its top ten trading partners.
Read More >>
Welcome to Which Way To Pay India
27 April 2011
Which Way To Pay
Which Way To Pay is an international, independent, financial comparison website and review service.
Read More >>

        

Register for newsletter