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  Further risks to rupee remain; year-end target 65/USD: HSBC

  September 15, 2013 12:21 IST

  New Delhi:  The rupee faces further risks, even after recovering some lost ground, and may hover around 65 against the dollar by the end of this year, HSBC said.Risks such as “further equity outflows, higher

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  Essar Energy gets USD 300-million credit to repay bridge loan

  September 12, 2013 12:58 IST

  NEW DELHI:  London-listed Essar Energy plc today said it has got an additional borrowing of $300 million that will be mostly used to repay an existing bridge loan.The company said, “it has upsized its existing

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  PayPal accidentally credits man USD 92 quadrillion

  World | July 18, 2013 14:26 IST

  New York, Jul 18: Oops! PayPal, the online money- transfer company, has accidentally credited a man in Delaware a whopping USD 92,233,720,368,547,800, making him by far the richest man in the world.Chris Reynolds, 56, said

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  Rupee recovers from record low, up 27 paise against USD

  May 17, 2012 10:58 IST

  Mumbai, May 17: After plunging to a record low in yesterday's trade, the rupee recovered by 27 paise to trade at 54.23 against the dollar on the Interbank Foreign Exchange market in early trade today

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  Rupee Loses 50 Paise, Closes Below 51-Level

  March 22, 2012 20:05 IST

  Mumbai, Mar 22: The rupee today plunged by 50 paise to close at sub-51 level after more than two months against the dollar amid a steep fall in stocks as investor sentiment took a blow

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  Exports Up 4.3 Pc In Feb, Imports Grow By 20.6 Pc

  March 09, 2012 12:17 IST

  New Delhi, Mar 9: Exports grew by 4.3 per cent year-on-year to USD 24.6 billion, while imports increased by 20.6 per cent in February, Commerce Secretary Rahul Khullar said today.Imports stood at USD 39.8 billion

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  Exports Grow 10.1 Pc In Jan, Commerce Secy Says Next Fiscal May Be Difficult

  February 09, 2012 16:12 IST

  New Delhi, Feb 9: India's exports growth rate recorded a marginal increase in January over the previous month with the overseas shipments expanding by 10.1 per cent year-on-year to USD 25.4 billion despite weak demand

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  External Debt Rises To USD 317 Billion

  November 23, 2011 17:51 IST

  New Delhi, Nov 23: India's external debt rose by 3.4 per cent in the first three months of the current fiscal to touch USD 316.9 billion as on June 30, 2011, on account of an

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  Indo-Vietnam Trade Likely To Cross USD 7 Billion By 2015

  October 13, 2011 19:50 IST

  Mumbai, Oct 13: The trade between India and Vietnam is expected to nearly double at over USD 7 billion by 2015, according to the Vietnamese president.“Vietnam today provides huge business opportunities and bilateral trade is

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  Govt Sets Export Target Of USD 450 Billion By FY14: Scindia

  September 30, 2011 22:03 IST

  Mumbai, Sept 30: The Government will be setting an export target of USD 450 billion by FY 14 against USD 252 billion in FY 11, a top government official said here.“We have set an export

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  India Announces $ 5 billion Credit Line For Africa

  World | May 24, 2011 19:27 IST

  Addis Ababa, May 24: India today announced a USD five billion line of credit to Africa and unveiled a slew of measures to give a massive boost to infrastructure development and capacity building to further

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