Sunday, June 24, 2012

India Seeks to Buoy Rupee

NEW DELHI?The Indian government plans to take steps to boost exports and increase dollar inflows to give a much-needed lift to the economy and arrest the slide in the Indian rupee, a senior official from the finance ministry said Saturday.

The government also could cut excise duty on certain products to increase local consumption, the official said. He declined to elaborate on what steps the government could take to boost exports.

India's ...

NEW DELHI?The Indian government plans to take steps to boost exports and increase dollar inflows to give a much-needed lift to the economy and arrest the slide in the Indian rupee, a senior official from the finance ministry said Saturday.

The government also could cut excise duty on certain products to increase local consumption, the official said. He declined to elaborate on what steps the government could take to boost exports.

India's ...

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