Overcoming The Gloom
Road building revival offers rare hope for India infrastructure overhaul
K. Ramchand, managing director at one of India's biggest road builders, is doing something unusual to help dispel the gloom pervading much of the country's infrastructure sector today: bidding for new projects. Full Article
- Nigella Lawson's husband downplays photos of him grabbing her neck
- UPDATE 3-Detroit default, restructuring plan break new ground -Moody's
- Apple got up to 5,000 data requests in six months
- UPDATE 1-Saudi Arabia says MERS coronavirus kills four more
- Snowden says 'litany of lies' prompted him to leak U.S. surveillance
REUTERS SHOWCASE
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Rupee in a range ahead of RBI policy; oil demand seen
Rupee notes of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012.
Credit: Reuters/Vivek Prakash/Files
Reuters Market Eye - The rupee is trading around 54.54/55 levels versus its previous close of 54.4850/4950 on the back of some dollar demand from oil refiners.
Traders say choppy domestic shares a day before the Reserve Bank of India's monetary policy review also holding the USD/INR in a range.
The BSE Sensex is currently trading down 0.2 percent.
The RBI expected to hold rates steady on Tuesday while views for a cash reserve ratio cut are split, the latest Reuters poll shows.
USD/INR seen holding in a 54.45 to 54.65 range during the day.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters