Rupee almost flat, focus shifts to coal ruling

Tags: News
The rupee is trading at 60.5075/5150, near its previous close of 60.4950/5050.

Caution sets in ahead of the Supreme Court's hearing on Monday on whether to cancel coal blocks.

Cancellation could spark more coal imports and widen trade deficit, some analysts warn.

Wariness on Ukraine's deepening crisis also weighs on sentiment.

But better-than-expected April-June GDP seen as a relief.

The euro hits one-year low on Monday ahead of ECB meeting this week.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The NDA government would do well to keep its economic focus in place

    It is as if the worst horrors conjured by liberal secularists about India’s prime minister could be finally coming true.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Taslima Nasreen

Religious conversion as fundamental right

Tricks and treats, coercion, threats, manhandling and extermination are the ...

Purnendu Ghosh

Does speed liberate or enslave humans?

Speed is the reflection of modernity and modernisation. Speed is ...

Shona Adhikari

Why Indian art auctions are here to stay

With Christie’s second India sale just over in Mumbai, we ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture