Fundamentals of economy strong, will reverse rupee setback, PM promises Parliament As reported by NDTV, Manmohan Singh on rupee and economic crisis: The fall of the rupee has been a matter of concern, the rupee has depreciated sharply against the dollar . What triggered sharp and sudden depreciation of rupee was markets' reaction to unexpected external developments, This led to reversal of capital flow to emerging economies.
Egyptian President Mohammad Morsi along with some senior ministers and business leaders will begin a 3-day official visit to India from today. During his stay in New Delhi, Morsi will meet his counterpart Pranab Mukherjee and hold delegation-level talks with Prime Minister Dr. Manmohan Singh. President Morsi will also meet Vice President Mohammad Hamid Ansari, External Affairs Minister Salman Khurshid, leader of Opposition Sushma Swaraj and UPA Chairperson Sonia Gandhi.
Prime Minister Manmohan Singh began his bureaucratic career as an advisor in the Ministry of Foreign Trade. Over the 70s and 80s, Singh held several key posts in such as Chief Economic Advisor (1972), Reserve Bank Governor (1982) and Planning Commission head (1985).
French president Nicolas Sarkozy and first lady Carla Bruni are welcomed at the Taj Palace. After a wardrobe change they depart for an official dinner at Panchavati, Prime Minister Manmohan Singh's residence. (December 5, 2010)