The Indian rupee is touching new lows and the trend is unlikely to be reversed in the coming months. Since May, the rupee has depreciated nearly 13% against the dollar and is currently the worst performing currency in Asia. So while a depreciating rupee is expected to hit you directly with rising inflation, here are 5 ways a falling rupee makes you poorer.

5 ways a falling rupee makes you poorer

Business Standard

Now that it is known that the opposition is going to take on the government on the gas price hike issue, a blame game has started. Veerappa Moily is left holding the ball when the music has stopped. For nearly a week, various ministers tried to defend this price hike by pointing out how it will attract investments without ever questioning the figure and now that it is becoming too hot to handle, a scapegoat is being dressed up.

Analysis:Faulty formula will lead to faulty gas price

Even after the Reserve Bank of India reluctantly reduced policy rates by 125 points since 2012, there has been no sign of the economy picking up. Finance minister, P Chidambaram decided to take matters in his hand by asking public sector banks to pass on the interest rate reduction in order to provide a powerful stimulus to the economy.

FM's rate cut diktat:No benefit for banks

China and India will be the largest investors among developing countries in 2030, accounting for 38 per cent of the global gross investment, says a World Bank report released today. The two countries will also account for almost half of all global manufacturing investment, it says.

India, China to be largest investors by 2030: World Bank Report

The export parity pricing (EPP) mechanism for imported petroleum products - petrol, diesel etc is fast becoming a bone of contention between the petroleum ministry and finance ministry.

Understanding the export parity pricing debate

Had GDP data not been revised earlier this year, India's economy would not have grown at 9% in any year since the global financial crisis of 2008-09.

PM holds out promise of 8% growth in medium term, but will he deliver?

A recent joint study, from faculties of IIT Madras and Harvard University, stated that the government reforms in infrastructure sector did not have any significant impact on outcome, either positive or negative. This indicates that the linkages between the reforms and outcomes are not very strong, said in the study.

Linkage between reforms and outcomes are not strong in infra sector: study

The policy on foreign direct investment (FDI) in multi-brand retail makes mass grocery and apparel the two most favorable segments to invest in, says Deloitte Touche Tohmatsu in a report &lsquo;Indian Retail Market-Opening more doors&rsquo;.

Grocery, apparel to be favourites for FDI in retail, says Deloitte

In the next fiscal Crisil Research expects average WPI inflation to moderate to 7.0% from 7.7% forecast for the current financial year.

Crisil expects average WPI inflation to moderate to 7% next fiscal

People suspect, though Mr Bansal loses Rs 24,000 cr in passenger business, he makes super-normal profits in freight business

An amateurish reform agenda: R Sivadasan

Global investment banking major Goldman Sachs believes the long-term potential growth rate of the Indian economy is 7% and this could be notably higher provided the reform process gains momentum

India's long-term growth potential rate at 7%: Goldman Sachs

After presenting a hawkish Macro and Monetary Developments report on Monday, the central bank delivered a more measured third quarter review of Monetary Policy. Trying to keep all constituents happy the RBI governor announced a 0.25% cut in repo rate and also reduced Cash Reserve Ratio (CRR) by 25 basis points which would infuse Rs 18,000 crore of liquidity in the system.

RBI: Urgent need for new investments

The possibility of India losing its investment grade credit rating has receded somewhat as a result of economic reforms undertaken by the government since last September, an analyst with rating agency Standard &amp; Poor's told Reuters on Thursday.

India faces less risk of credit rating downgrade: S&P

Reuters 

The country's savings rate, considered as one of the biggest economic strengths, is set to plunge to a 10-year low of 27% by end of this fiscal, Japanese brokerage Nomura has said.

'India's savings rate to plunge to 10-year low this fiscal'

Press Trust of India

Though quite early, some private forecasters have expressed the possibility of a normal southwest monsoon in 2013 because of initial favourable global weather patterns.

Private forecasters predict normal monsoon in 2013

They get top bracket salaries, have all the wisdom in the world about which way the economic wind is blowing, and the markets supposedly listen to them. A Morgan Stanley report released today, however, begs to differ.

Market's collective wisdom superior to analysts'

Claims for US unemployment benefits increased more than forecast last week, nearly erasing a slide in the prior two weeks and reflecting the difficulty of adjusting the figures for swings at the start of a year.

Jobless claims in US rose 38,000 last week to 368,000

Interpreting industrial production numbers is tricky at the best of times. The sharp gyrations in the capital goods sector, which accounts for less than 10 percent of the index, has resulted in a wildly oscillating IP index over the past year. This process gets more complicated around Diwali when base effects come into play, as production ramps up before the festive season and retraces thereafter.

Not nearly as bad as it looks

By accepting the major recommendations of the Parthasarathi Shome Committee on General Anti Avoidance Rules (GAAR), including its deferment, the finance minister has again sent out a positive signal to investors about his commitment to provide a fair and balanced tax regime.

GAAR deferral: Finance minister yet again sends out a positive signal

At the outset of the year 2013, India&rsquo;s worsening macroeconomic parameters are a major cause of concern&mdash;current account deficit (CAD) at a record level, the centre's fiscal deficit poised to breach even the revised target, economic growth stuck at a three-year low of 5.3%, industrial production giving a confusing signals on revival front.

India's macroeconomic numbers to see slight improvement in Q4: Economists

The National Real Estate Development Council (Naredco) said the housing sector should get infrastructure status, which will help them avail tax benefits and easier flow of credit.

Run-up to budget: real estate industry demands infrastructure status

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