Rupee falls towards 56 on euro slide
The rupee falls further to 55.83/84 on the back of sharp falls in domestic stocks after RBI disappointed by leaving interest rates unchanged, and as euro reversed earlier gains despite slim majority w
Fitch Ratings revises India’s outlook to negative
Fitch Ratings has revised India's outlook to negative from stable. Its Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) have been affirmed at 'BBB-' and Short-Term Foreign Currency at 'F3'. India's Country Ceiling is also affirmed at 'BBB-'.
Next six months will be crucial for economy, says Kaushik Basu
India's chief economic adviser Kaushik Basu on Monday said 'herd mentality' of ratings agencies led to Fitch's revision of India's rating outlook to negative from stable, but added that the review was
Suu Kyi collects Nobel Peace Prize 21 years late
Myanmar opposition leader Aung San Suu Kyi finally collected her 1991 Nobel Peace Prize in Oslo on Saturday after spending 15 years under house arrest, and said her country's full transformation to de
Paes ready to partner reluctant Bhupathi
Leander Paes is prepared to team up with friend-turned-foe Mahesh Bhupathi for the London Olympics despite his personal preference to partner someone else, the doubles specialist said.
The All Indian
New index shows lower growth for major economies
Some large economies show significantly lower growth when natural assets such as forests and water are factored into growth indicators, an index showed on Sunday, a few days before an international su
World on red alert for Greek vote
Urgent messages flashed on cellphones, email alerts popped up and telephone extensions rang at the desks of a team at asset manager Legg Mason on Friday.
Dial in to a conference now, the 30-strong en
U.N. isn’t ready to back military intervention in Mali
The U.N. Security Council is not ready to agree to an African Union request for endorsement of military intervention in Mali, where rebels and Islamist militants have seized control of much of the country, council diplomats said on Friday.
Breivik turned from kind son to crazy loner: Mother
The mother of Norwegian mass murderer Anders Behring Breivik described how her ‘kind and caring’ son transformed into an out-of-control obsessive who wore a face mask and talked of a war against Musli
Syrian town deserted, burnt after clashes
The Syrian town of Haffeh was smoldering and nearly deserted on Thursday after days of clashes between government forces and rebels, while activists reported more army assaults on pro-opposition areas