Articles By Ambrosia Sabrina
After long failing to act on foreign investor complaints, Indian policy makers find themselves in an ironic bind: As global interest in Indian derivatives surges, it is Singapore, not Mumbai, that is reaping the benefits.
The RBI on Tuesday said Anand Sinha will continue as the deputy governor until January 18, 2014.
Shares in Jet Airways Ltd (JET.NS) fall as much as 3.4 percent, hitting their lowest since December 4, on continued concerns about whether the carrier will clinch a deal to sell its stake to Abu Dhabi-based carrier Etihad Airways.
Prime Minister Manmohan Singh on Sunday arrived in Hyderabad to take stock of the situation in the city after the deadly explosions which left 16 people dead and scores injured.
Shares in Jet Airways India Ltd(JET.NS) fell as much as 6.8 percent on Monday after Etihad Airways chairman said the Abu Dhabi-based carrier needs to revise its deal to buy a stake in the Indian carrier.
The dollar and the euro rose against the yen on Wednesday in volatile trade after a G7 statement on exchange rates, designed to calm talk of a currency war instead triggered fresh concerns.
Iran started installing a new generation of uranium enrichment machines at its Natanz nuclear site last month, Iran's atomic energy organisation chief was quoted as saying on Wednesday by Iranian media.
The government on Tuesday ordered a CBI probe into a ₹4000 crore helicopter deal after Italian defence company Finmeccanica's chief executive Giuseppe Orsi was arrested for allegedly bribing Indian officials to secure the 2010 sale.
Reports of a nuclear test by North Korea were a matter of deep concern, India's foreign ministry said on Tuesday, saying such actions violated international commitments and had an adverse impact on peace and stability in the region.
Several protests broke out in Chennai on Friday against Sri Lankan President Mahinda Rajapaksa's visit to India.