The Reserve Bank of India's (RBI) recent fight to defend the rupee has had muted success, with the currency hitting a record closing low on Monday despite several administrative measures as well as se

Honda Motor Co launched its first mass-market motorcycle for India and its cheapest motorbike worldwide on Tuesday, as it aims to tap low-cost emerging markets including more than doubling India's sha

Authorities are investigating top mobile phone carrier Bharti Airtel under provisions of the money laundering and foreign exchange rules, a minister said, sending its shares down as much as 5.1 percen

The RBI is estimated to have sold $400-$500 million worth in spot, though possibly some of that was also in forward markets, dealers say.

The USD/INR rebounds to 53.88/89 to the dollar, after being p

Three executives involved with the failed hedging strategy that has left JPMorgan Chase & Co with a $2 billion trading loss and a tarnished reputation are expected to leave the bank this week, sources

India's telecoms regulator on Sunday reaffirmed most of its proposed rules for an auction of mobile airwaves, including a steep base price for bids, despite howls of protests by carriers in the world'

Avon Products Inc on Sunday said it told Coty Inc that it would consider the smaller company's $10.7 billion takeover bid and it expected to respond within a week.

In a letter to Avon's board dated M

India's inflation rate probably eased only slightly in April, held firm by food prices, underscoring the RBI's stance that it had little room for further rate cuts, a Reuters poll found.

The median c

Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among investors seeking a safe

China may need a back-up plan to stop economic growth being cut short by a surprise dip in demand at home and abroad that suggests monetary policy easing steps taken since the final quarter of last ye