Reuters
Fitch revises outlook on Indian FIs to negative
Fitch Ratings has revised the Outlook on the 'BBB-' Long-Term (LT) Foreign Currency (FC) Issuer Default Rating (IDR) of India-based financial institutions to Negative from Stable, while affirming the
Djokovic, Sharapova top seeds for Wimbledon
Champion Novak Djokovic and French Open winner Maria Sharapova were named as top seeds for Wimbledon as the grasscourt grand slam mostly followed the rankings to draw up the list for the championships
Militants bomb power transmission towers in Iraq
Militants attacked electrical transmission towers and lines in Iraq's Diyala province on Wednesday, government and police sources said, in the latest wave of attacks that have swept the area in recent
Rupee falls to 56/dlr, focus on RBI intervention
The rupee fell to as low as 56 per dollar, near the session low of 56.04 in the previous day, as global risk assets remained under pressure and a day after the RBI disappointed domestic markets by kee
Radiohead concert off after mishap
A concert by the British rock band Radiohead was cancelled after a section of the stage collapsed during sound checks and rehearsals before the show on Saturday, killing one person and injuring three
Rupee falls towards 56 on euro slide
The rupee falls further to 55.83/84 on the back of sharp falls in domestic stocks after RBI disappointed by leaving interest rates unchanged, and as euro reversed earlier gains despite slim majority w
Fitch Ratings revises India’s outlook to negative
Fitch Ratings has revised India's outlook to negative from stable. Its Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) have been affirmed at 'BBB-' and Short-Term Foreign Currency at 'F3'. India's Country Ceiling is also affirmed at 'BBB-'.
Next six months will be crucial for economy, says Kaushik Basu
India's chief economic adviser Kaushik Basu on Monday said 'herd mentality' of ratings agencies led to Fitch's revision of India's rating outlook to negative from stable, but added that the review was
RBI likely to cut rates despite high inflation
The Reserve Bank of India (RBI) is expected to cut interest rates on Monday in a bid to breathe fresh life into a sputtering economy even as inflation remains uncomfortably high.
After cutting its po
Greek pro-bailout parties look to forge coalition
Political parties supporting Greece's international bailout will begin forging a government on Monday after an election victory over radical leftists staved off the prospect of the debt-laden country
