From Politics & Policy May 15
The Indian rupee rebounded on Tuesday after Reserve Bank of India's (RBI) intervention and profit booking by foreign banks, and gained 20 paise.
From Politics & Policy May 15
The latest crisis in Air India, India's state-owned airliner, began a week ago when striking pilots suddenly reported sick in huge numbers. The crisis has entered its eighth day Tuesday with the carrier cancelling 24 more flights even as no indication of a solution is seen on the horizon.
From Politics & Policy May 14
Bombay Stock Exchange's Sensex lost more than 100 points Monday afternoon trade as the slump in European markets and a worse-than-expected inflation for April hit the markets hard.
From Faith & Belief May 13
Tibetan spiritual leader Dalai Lama has alleged that Chinese agents are plotting to kill him with the help of Tibetan women.
From Politics & Policy May 13
Tens of thousands of Spaniards protesting against the economic crisis and the austerity measures marched on the streets of different cities in the country Saturday to mark the first anniversary of the "Indignados" movement that ignited similar protests worldwide.
From Politics & Policy May 12
The United States has approached the World Trade Organization (WTO) against India's import restrictions on US agricultural products.
From Economy May 12
German sportswear company Adidas has filed a criminal complaint with the Indian law enforcing authorities seeking a probe into the alleged financial irregularities in its Indian arm Reebok India.
From Economy May 12
The top after-market NASDAQ gainers Friday were The Hackett Group, Inc., Brocade Communications Systems, Inc., Multimedia Games Holding Company, Inc., Leap Wireless International, Inc. and XOMA Corporation. The top after-market NASDAQ losers were: American Capital Mortgage Investment Corp, Brightpoint Inc., magicJack VocalTec Ltd.
From Politics & Policy May 11
Despite RBI's desperate efforts to prop it up, rupee declined by 18 paise to reach 53.60 against dollar in the late morning trade on Friday. However, rupee stabilized in the later sessions at 53.54/55 before closing at 53.45 and India's industrial production surprisingly declined by 3.
From Economy May 11
The top after-market NASDAQ gainers Thursday were: Arena Pharmaceuticals, Inc., Brooks Automation, Inc., Orexigen Therapeutics, Inc., Mindspeed Technologies, Inc. and Leap Wireless International, Inc. The top after-market NASDAQ losers were: Amtech Systems, Inc., American Public Education, Inc., Codexis, Inc., Nuance Communications, Inc. and SciClone Pharmaceuticals, Inc.
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