Wednesday, 17 December 2014

Top economic news of the day - December 17, 2014

Ahead of the outcome of the two-day US Fed meeting, the rupee slumped to a 13-month low due to selling pressure by Foreign Institutional Investors (FIIs) in their domestic portfolios. 
 
Oil fell below $59 a barrel for the first time since May 2009, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to concerns about demand. 
 
The Government will revisit the food safety Act to make it more stringent to check growing instances of adulteration and contamination. 

No comments:

Post a Comment