New Symbol for Indian Rupee Unveiled (Photo)

The Indian Rupee Has a New Symbol After a National Competition Was Held The designer, D Udaya Kumar, is a teacher at the Indian Institute of Technology and the new symbol combines the letter R with its Hindi...

Bribe demanded? Offer Zero Currency!

Ask any Indian about the biggest problem the country faces today, and he would retort, “Corruption”. Ask him if he has ever given a bribe to any government officer, and his reply will be in the affirmative. Ask him if he has ever tried to yank out corrupt practices by...

Sri Lanka rupee at new low, foreign money leaves bourse

As Sri Lanka continues crushing the Tamils with butal attacks, its economy keeps falling abrubtly.  The rupee reached its all-time low and investors are cashing out the shares predicting the loss. " COLOMBO,...

Indian Rupee Falls Through 50 to Record Low on Slump in Stocks

The Indian rupee opened trade on Friday at a record low of 50.15 per dollar weighed down by heavy losses in Asian stocks which raised worries of more outflows from the local share market. The rapid withdrawal...

Indian Rupee closes at 8-year low against dollar

Indian stock market climbed today on global cues. In the meantime India's rupee rose for the first time in four days on speculation steps by governments in Asia and Europe to bolster capital will spur demand for local assets. The rupee is likely to to fall to a record...

Chinese firm to invest $1.7b to generate low-cost electricity in Pakistan

Amid precarious security situation and economic conditions in Pakistan, a Chinese power generator has said that it would invest $1.7 billion for low-cost hydel power generation in the energy-deficient country, where people are facing a plethora of problems because of the...

Central Bank of India(RBI)cuts bank reserve requirement to 7.5 pct

To pump more than 600 bn rupees($12.2bn) in banking system , RBI slashed its CRR more then expectation.Previously RBI was supposed to reduse it to 8.5 %  from 9%, but it redused it to 7.5%."The Reserve Bank of...

India inflation lifts rate rise prospects

"   By Joe Leahy in Mumbai Published: August 21 2008 20:58 | Last updated: August 21 2008 20:58 India’s inflation rate shot up to its highest level in more than 16 years this month,...

Unidentified Packet Containing 15 Lakh Rupee Reached High Court's Justice Res...

"Chandigarh(Mera Chandigarh):The Chandigarh per capita income is highest in India, it is not only on papers but displayed in city every where from closed room to open streets."

General Information on India, Indian Weather, Regions, Languages

Information resource and guide to Climate in India, When to go india, Indian currency, capital of india, India's largest mosque, major cities in india, Taj Mahal, Languages, national Language and much more.

Rules regarding valuation of foreign exchange !

"Rules regarding valuation of foreign exchange ! I am non resident. My earnings are in Euro. Will the earning be converted in Indian Rupee and then gains or income will be computed? Please guide me. See under the Indian law, the rate of exchange to be adopted for valuation of...

Rupee soft, RBI watchful after blasts

"Dealers said trading is likely to be thin although dealing rooms were largely well attended."

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