Divine help to save rupee? Economy in focus this week!

THE ECONOMIC TIMES Sat, Aug 31, 2013 | 11:23 AM IST Weekly Platter Newsletter

RBI plans to request Tirupati, Shirdi shrines to sell their gold pile to rescue Re RBI is discussing with banks on how to convince temple trusts to deposit their hoard of idle jewellery that could be converted into bullion. read more India can't do much about rupee fall: Jim O'Neill "India needs to reduce its vulnerability," O'Neill said. "India's coalition politics hurting economic growth prospects," he added. Ashok Vemuri, Infosys board member resigns, to join iGate as CEO NRN Murthy, who made a comeback to the under-performing Infosys as its chairman, described Vemuri as an "important player" for the company.

Editor's Pick Another Asian crisis to hit, no way FM can stop it FM P Chidambaram wants people to invest, but the coming recession will induce every corporate to postpone investment, says SA Aiyar. The Sonia years: Is it welfare or farewell to India’s growth? History’s verdict on her will depend largely on how the 4 “Sonia laws” â€" RTI, RTE, Rural Employment Guarantee & Food Security pan out. 1991 vs 2013: Sonia-Singh duo fail but Narasimha Rao succeeded Bipartisanship or cohesion among our political classes made the difference in '91- as opposed to now, with India staring at a faltering economy. Food Bill won’t eliminate hunger, will not help win elections The Lok Sabha has passed the Food Security Bill. Sonia Gandhi claims it will save the needy from hunger and malnutrition.

Most Popular This Week Companies cut back on employee travel, freebies to tide over slowdown Yasin Bhatkal: From popular student to deadly jihadi Cyber-spying fallout: Govt to staff not to use Gmail FM’s frustration misplaced, wrong to blame QE for rupee’s ills: Subbarao India Inc's mid-level managers feeling 'trapped'

Story of The Week Economic crisis: PM targets opposition, blames world "I do recognize there is a problem, it can be solved only if opposition recognizes its role, conduct in Parliament," the PM said read more

Money 10 common legal myths busted People have several misconceptions about legal provisions. We shatter a few commonly held notions. Good time to lock money in tax-free bonds for long-term As the PSUs prepare to issue tax-free bonds worth Rs 48,000 crore over the next few months, this may be a good opportunity to lock in at high rates for the long term.

Stock Round Up Sensex ends 219 points higher led by short covering For the month, the S&P BSE Sensex ended 3.75 per cent lower while the 50-share Nifty index slipped 4.5 per cent in the month of August.

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