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Rupee hits all-time low at 56.57
22 Jun 2012 7:49 AM ISTOn Thursday, the rupee hit all-time low of 56.57 on sustained dollar demand from oil importers amid a sharp fall in crude prices, before the Reserve...
Economy, environment objectives for Rio+20
21 Jun 2012 6:44 AM ISTWorld leaders, including Prime Minister Manmohan Singh, gathered on Wednesday to make a fresh bid to chart out a common environmental blueprint amid...
Bailout fund would calm, not heal: EU
21 Jun 2012 6:01 AM ISTThe European Commission [EU] on Wednesday dubbed an idea to use eurozone rescue funding to lower high borrowing costs for Spain and Italy via a bond...
India may not have to give eurozone $10bn
21 Jun 2012 5:59 AM ISTIndia may not be called upon to inject $10 billion [Rs 55,000 crore] into the IMF bailout fund to help the debt-wracked eurozone tide over its...
Corporates get tongue lashing from Ravi
20 Jun 2012 7:23 AM ISTTaking on the corporate honchos for their 'unjustified' criticism of the United Progressive Alliance (UPA) for policy paralysis, union minister...
India helps build eurozone firewall
20 Jun 2012 7:18 AM ISTIndia has announced a USD 10 billion contribution to the International Monetary Fund’s additional USD 430 billion financial firewall to help the...
Spain bailout fears mount in euro storm
20 Jun 2012 6:07 AM ISTFears of a full-scale bailout for Spain mounted on Tuesday as its borrowing costs spiked to danger levels on concern over the nation’s stricken banks...
Govt to take tough decisions: Manmohan
20 Jun 2012 6:05 AM ISTPrime Minister Manmohan Singh on Tuesday said his government is determined to take ‘tough’ decisions, including on controlling subsidies, to reverse...
Deepening macroeconomic concerns
19 Jun 2012 8:47 AM ISTContrary to expectations among sections of business for a rate cut to kick-start growth, the Reserve Bank of India (RBI) on 18 June left the key...
RBI expected to cut key rates
18 Jun 2012 7:23 AM ISTIn a bid to spur growth and boost consumer sentiment, the Reserve Bank of India is expected to cut key lending rates by 25-50 basis points in its...
Europe's make or break moment: Greek ex-PM
18 Jun 2012 6:37 AM ISTGreece’s former prime minister George Papandreou said on Sunday that Europe faced a make or break moment, adding that the euro currency's problems...
India ups US debt exposure
18 Jun 2012 6:36 AM ISTIndia has been increasing its exposure to American debt since the start of this year and owned US government securities worth $51.2 billion till...