Impact of Oil Prices

Rupee falls 10 paise vs dollar; slides for 3rd straight day

The domestic unit opened lower at 64.15 from its previous close of 64.06 at the Interbank Foreign Exchange (Forex) market and hovered in a range of 63.9925 and 64.1750 before finishing at 64.16 per dollar, a loss of 10 paise or 0.16 percent.

Jun 15, 2015, 18:27 PM IST

Exports decline 14% in April; 5th straight month of contraction

Raising fresh concerns about economic growth, India's exports contracted by about 14 percent in April to USD 22 billion due to a sharp dip in petroleum, gems and jewelery shipments, registering decline for the fifth straight month.

May 16, 2015, 00:00 AM IST

Exports contracts 14% in Apr to $22 bn

The slump in exports is mainly due to global slowdown, dip in crude oil prices and rupee appreciation.

May 15, 2015, 19:54 PM IST