The Falling Rupee

Currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash

Rupee hits all-time low versus dollar

The rupee hit a record low against the dollar, breaching 54.30 vs the dollar, succumbing to the steep risk aversion hitting global markets and highlighting the vulnerabilities of the country.  Full Article | Related Story 

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NEW DELHI, Sept 30 | Tue Sep 30, 2008 4:04pm IST

NEW DELHI, Sept 30 (Reuters) - India's direct tax receipts during the April-September period rose a provisional 29.3 percent from a year earlier to 1.5 trillion rupees, a source at the finance ministry told Reuters on Tuesday.

Corporate tax collections were up 34.5 percent at 975 billion rupees, while income tax receipts rose an annual 22.7 percent to 460 billion rupees, the official, who did not wish to be named, said. (Reporting by Manoj Kumar, Editing by Mark Williams)

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