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FIIs head home whenever the Fed raises interest rates and this affects the rupee.Business
Rupee starts to dip again

This was a shock to the rupee which had strengthened between November 28 and December 8, 2016.

24 Dec 2016 12:44 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.Business
Fed expected to raise rates for first time in a year

The move would bring the rate from 0.5 per cent to 0.75 per cent, likely nudging up the cost of some consumer and...

14 Dec 2016 4:05 PM IST

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