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RPT-Tata, Mahindra car sales slump; rupee to add to industry woes

2013-09-02 11:39:28| Auto Dealers - Topix.net

Domestic sales for two big Indian automakers tumbled in August on rising fuel costs and interest rates, and the industry looks set for more pain as a sharply weaker rupee hits profit margins during key sales months ahead.

Tags: add sales car industry

 

Indian PM concerned about rupee fall

2013-08-30 11:04:33| BBC News | Business | UK Edition

India's Prime Minister Manmohan Singh has told parliament that the falling value of the rupee is "a matter of concern".

Tags: fall concerned indian rupee

 
 

Indian rupee falls to fresh low

2013-08-28 09:32:28| BBC News | Business | UK Edition

India's rupee sinks by nearly 4% to a new low against the US dollar amid growing concerns about the health of the country's economy.

Tags: low fresh falls indian

 

The rupee is where? Currency collapse confounds India Inc

2013-08-28 00:37:09| Appliances - Topix.net

Indian companies such as Whirlpool of India Ltd say they can't plan more than a couple of months out as a fast-falling rupee currency drives up the cost of imports, forcing them to raise prices even as consumer spending crumbles.

Tags: india currency collapse rupee

 

AUDIO: Falling rupee: The West's fault?

2013-08-21 11:01:36| BBC News | Business | UK Edition

The Indian rupee has fallen nearly 16% against the US dollar since May - but is the decline due to uncertainty about the American policy of printing more money - or quantitative easing? Linda Yueh explains.

Tags: audio falling fault rupee

 

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