Rupee falls to five-year low of 47.25 – a correlation study between currency and stocks predicts Sensex heading below 5,000
Subha Salza
Oct. 1, 2008

Indian currency, which breached the 47-mark for the first time in two years on Monday and closed at 46.96/97, plunged by another 29 paise to 47.25 against the US dollar.

The level was last seen on June 2, 2003.

Normally Indian currency correlates negatively with the Indian stock index Sensex with a six-month delay. That means it is likely that Sensex will go down below 5,000 in the next six months.

Rupee falls to five-year low of 47.25 – a correlation study between currency and stocks predicts Sensex heading below 5,000
Subha Salza
Indian currency, which breached the 47-mark for the first time...
READ MORE>>

Sensex lost 500 points yesterday; today it is opening 1000 points lower and heads below 10,000
Juhi Sinhal
Sensex is crashing in a third wave signaling global economic depression led by the US.
READ MORE>>

With Axe falling on short-term loans Indian economy has started imploding
Kiran Chaube
Most banks, including the country’s largest bank, State Bank of India...
READ MORE>>

Tata Motors pulls out from Singur - talk in the weekend just to provide some consolation to the communists – who to blame?
Rita Nair
Right from the beginning, the Bengal communist played wrong games.
READ MORE>>

Indian oligarch’s dream shattered – Tatas finally retreat from Singur – win for common people
Arun Sinha
Tata Motors has formally asked its vendors to retreat from Singur into other parts of India.
READ MORE>>

Spielberg leaves Paramount for Reliance Big Entertainment of India
Media Release
Steven Spielberg has completed his protracted exit from Paramount Pictures.
READ MORE>>

Maoist Parchanda invites Indian businesses in Nepal – Buddha of Bengal wonders what went wrong in Nandigram?
Ratan Sen
The so called communists and socialists understand they need money...
READ MORE>>

The insurance regulator IRDA has asked for reports from Tata AIG Life and Tata AIG General Insurance in the backdrop of possible AIG liquidation
Media Release
Does AIG's Indian partners have satisfactory solvency margins?
READ MORE>>

MORE ARTICLES >>