Business
Oil up more than 2 dollars on possible Syria strike, Brent above 117
U.S. and its allies have told the Syrian opposition to expect military action soon against President Bashar al-Assad's forces.
Sensex ends 206 points up; Reliance Infra surges 4 per cent
The BSE Midcap and Smallcap indices rose 0.9 per cent each.
We have enough reserves to deal with currency woes: RBI
"I believe our forex reserves are adequate to manage current situation," RBI Governor D Subbarao.
2G case: SC refuses to exempt Karunanidhi's wife as witness
The court, however, exempted DMK chief M Karunanidhi's wife Dayalu Ammal from personal appearance in trial court and directed that she be examined by a commission in Chennai.
Chidambaram calls for calm as Sensex crashes four per cent
The Finance Minister said stock markets and the rupee were reacting on US data and such over-reaction was unwarranted.
Rupee opens lower at 61.37 vs dollar
"The rupee is likely to strengthen marginally on the announcements made by the Finance Minister," says Arvind Narayanan, DBS Bank.
Industrial output contracts 2.2 per cent in June
Manufacturing sector, which constitutes about 76 per cent of industrial production, shrank 2.2 per cent from a year earlier.
Morgan Stanley warns of Hindu rate of growth
The report said that a weak growth trend lasting for 4-5 quarters would increase the risk of the GDP growth sliding to 3.5-4 per cent.
Jet-Etihad deal likely to be completed in August: sources
Following the deal India will become the the hub of Jet's commercial and air operations.
Subrata Roy not liable for refunding Rs 24,000 crore: Sahara to SC
SEBI demanded Subrata Roy's passport to be impounded till the contempt plea against him is decided.
SpiceJet in talks with Tigerair for stake sale
SpiceJet promoter Kalanithi Maran may offload up to 24 per cent to Tigerair as the airline faces fall in profits and attempts to retire debt.
SC issues notice to RIL and Centre on gas pricing
CPI leader Gurudas Dasgupta had filed a PIL stating that the price hike did not take the consequences into account.
PM to meet industry leaders to discuss economic problems
The meeting comes against the backdrop of slow industrial production and liquidity tightening measures undertaken by the RBI.
Rupee opens at 59.10 versus dollar
The euro was above 1.32 to the dollar. The dollar index was around 81.50 levels and the dollar yen was around 98 levels.
Poverty ratio declines to 21.9 per cent in the country in 2011-12
People spending Rs 33.33 in cities and Rs 27.20 in villages per day are not poor: Planning Commission
Gold prices hit one-month high
Gold traders wary of fresh deals as prices hit one-month high after falling to about 81 per cent in June.
