Fitch revises outlook on Indian FIs to negative
Fitch Ratings has revised the Outlook on the 'BBB-' Long-Term (LT) Foreign Currency (FC) Issuer Default Rating (IDR) of India-based financial institutions to Negative from Stable, while affirming the
Djokovic, Sharapova top seeds for Wimbledon
Champion Novak Djokovic and French Open winner Maria Sharapova were named as top seeds for Wimbledon as the grasscourt grand slam mostly followed the rankings to draw up the list for the championships
Militants bomb power transmission towers in Iraq
Militants attacked electrical transmission towers and lines in Iraq's Diyala province on Wednesday, government and police sources said, in the latest wave of attacks that have swept the area in recent
Rupee falls to 56/dlr, focus on RBI intervention
The rupee fell to as low as 56 per dollar, near the session low of 56.04 in the previous day, as global risk assets remained under pressure and a day after the RBI disappointed domestic markets by kee
RBI likely to cut rates despite high inflation
The Reserve Bank of India (RBI) is expected to cut interest rates on Monday in a bid to breathe fresh life into a sputtering economy even as inflation remains uncomfortably high.
After cutting its po
Greek pro-bailout parties look to forge coalition
Political parties supporting Greece's international bailout will begin forging a government on Monday after an election victory over radical leftists staved off the prospect of the debt-laden country
Greek vote looks too close to call
Greece’s election, which has captured the eyes of the world, is too close to call, with the conservative New Democracy party barely ahead of radical leftist Syriza in a vote that could decide whether
Zoellick: Europe doing too little too late in crisis
European leaders dealing with the sovereign debt crisis have done too little, too late, outgoing World Bank chief Robert Zoellick said, warning that Europe risks losing influence and developing nation
Infosys delays start-dates for new hires as slowdown bites
Infosys is delaying taking on board some of its planned 28,000 new recruits until mid-2103, underlining the slowdown faced by India's No 2 software services company, the Economic Times reported on Mon
Radiohead concert off after mishap
A concert by the British rock band Radiohead was cancelled after a section of the stage collapsed during sound checks and rehearsals before the show on Saturday, killing one person and injuring three