Business
Rupee down 37 paise against dollar in early trade
On Wednesday, the rupee had lost five paise to close at 55.46, its lowest closing since November 27, 2012.
Phaneesh may lose $15 million as severance benefits from iGATE
Murthy was sacked on Tuesday for not disclosing a relationship with a subordinate.
Morgan Stanley to sell Indian wealth management unit
The sale of the unit underscores a growing trend of consolidation in Asia's wealth management industry as private banks struggle to earn profits.
Gold slumps by Rs 500 to hit 1-month low at Rs 26,800
Silver also plunged by Rs 1,000 to Rs 43,700 per kg on poor offtake by industrial units and coin makers.
RBI to take note of falling inflation in next policy review
RBI Governor D Subbarao said he was happy to see that inflation coming down to below 5 per cent mark.
Rupee up by 5 paise against dollar in early trade
The rupee had lost eight paise to close at an over 1-month low of 54.81 against the dollar on Tuesday.
Finance Ministry sees room for easing of rate by RBI
RBI is scheduled to announce mid-quarter review of monetary policy for 2013-14 on June 17.
Suzlon bags 90 million euros contract in Germany
The turbines are scheduled to be delivered next year and the projects are located in Northern Schleswig-Holstein near the Danish border.
Money laundering: RBI action soon; banks start cracking whip
SBI and Indian Bank have already taken action against employees figuring in online news portal Cobrapost's expose on Monday.
Action against banks involved in money laundering soon: RBI
"We have done investigations, we have prepared an internal report," said RBI Governor D Subbarao.
Rupee up marginally against dollar in early trade
Strengthening of the euro against the dollar overseas and a higher opening in the domestic equity market further supported the rupee.
Banks sell Kingfisher's assets, recover Rs 1000 cr
The consortium of 17 banks, led by SBI, has an outstanding of over Rs 7,000 crore from the carrier.
'Very limited' room for monetary easing, says RBI
RBI released the country's macro economic report and forecast a slow paced economic recovery this financial year.
Govt clears IKEA's Rs 10,500 crore FDI proposal
IKEA has also been allowed to run cafes and restaurants within its single brand stores in India.
India to grow at about 5.8 in FY14: IMF
The new Land Bill would help companies and government entities to obtain sufficient land for investment projects, IMF Deputy MD said.
Reported cases of economic crimes just 'tip of iceberg': ED
The ED has completed investigations in 1,288 cases during 2012-13 as compared to 655 cases during 2011-12.
