NIFTY  9,604.90  0.10%
  SENSEX  31,109.30  0.26%
 CURRENCY  Rs  64.45/$ 72.07/€, 82.52/£
  GOLD  28,919.00  0.11%
  SILVER  40,360.00  0.67%
  DAX  12,629.00  0.21%
  FTSE  7,547.63  0.40%
  CAC  5,332.47  -0.07%
  HANG SENG  25,701.60  0.24%
  NIKKEI  19,682.60  -0.02%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,080.30  -0.01%
  NASDAQ  6,210.19  0.08%
  S&P 500  2,415.82  0.03%
EARNINGS REPORT - Jagran Prakashan To Pay Dividend Of Rs 3/Share EARNINGS REPORT - Jagran Prakashan Q4 Net Sales At Rs 455 Cr Vs Rs 425 Cr, Up 7% YoY

“RBI Defending A Currency That Will Weaken Anyway”

Video:

Play this video

August 1: There is a lot of bad data coming out of the Indian economy in spite of recent measures. “Supporting the rupee does not make much difference,” says Andrew Holland, CEO at Ambit Investment Advisory. Banks now face funding pressures, which in turn will affect corporate, he says, adding that the core economy remains under pressure.