Category: Economy

Rupee still over-valued by 5-7 percent – government adviser

open view web desk NEW DELHI – India’s rupee is currently over-valued by 5-7 percent, a senior government adviser said on Tuesday, indicating that New Delhi is unlikely to support intervening in the market despite the currency shedding close to 7 percent against the dollar this year. The […]

Few Indian shopkeepers turn up for protests against Walmart’s Flipkart deal

open view web desk MUMBAI/NEW DELHI- Indian shopkeepers and traders affiliated to a local lobby group held scattered sit-in protests across the country on Monday against Walmart Inc’s (WMT.N) proposed $16 billion acquisition of e-commerce firm Flipkart. The Confederation of All India Traders (CAIT) had hoped to gather […]

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