Business

The partially convertible Indian currency on Friday hit a record low of 57.32 against the dollar, before the Reserve Bank of India's suspected intervention propped it up

The ailing national carrier has been operating 38 out of 45 services for over a month now.

A study by Dell says India is the best place for women entrepreneurs to start business with high level of optimism.

India Inc said there is an urgent need for rate cut to boost industrial growth and help the economy regain the growth momentum.

The bank was downgraded by Moody's Investor Service last October because of its thin capital base and worsening asset quality.

Infosys founder Narayana Murthy says he feels sad about the state of affairs in the economy.

The World Bank said in a report thta developing nations should prepare for tough times by reducing short-term debt.

The Air India management is contemplating dismissing 300 pilots owing allegiance to IPG, according to sources.

Indian exports inched up 3.23 per cent to $24.5 billion in April from a year earlier after falling in March.

Gokarn said to the extent the growth slowdown was the result of interest rate hike in the last couple of years.

India's largest car markers post a decline in their numbers due to post-Budget price hike and rising fuel prices.

The rupee has been losing value against all the major currencies, especially the American dollar since April.

After being down in the dumps for the better part of day, Indian equities staged a smart late trade recovery on hopes of a RBI rate cut.

Shares in Tata Motors dropped as much as 11.8 percent on Wednesday.

SBI Chairman Pratip Chaudhuri said there is no room for further debt and Kingfisher must bring in capital.

Th non-performing assets of public sector banks stood at about 3.3 per cent of the assets in 2011-12 as against 2.3 per cent a year ago.