The Troubled Rupee

An employee uses an electronic machine to check a rupee note inside a bank in Allahabad December 16, 2011. REUTERS/Jitendra Prakash/Files

RBI likely sold dollars after rupee hit record low of 59.93 - dealers

The Reserve Bank of India (RBI) likely sold dollars via state-run banks after the rupee slid to a record low on Thursday, several dealers said, as fears of foreign outflows from India are roiling domestic bond and stock markets.  Full Article 

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Slowing Down QE

Slowing Down QE

Bernanke says Fed likely to reduce bond buying this year.  Full Article 

Monsoon Floods

Monsoon Floods

Death toll in Uttarakhand monsoon floods crosses 150  Full Article 

China Factory Activity

China Factory Activity

China June flash HSBC PMI hits nine-month low on weak demand.  Full Article 

FIIs and Banks

FIIs and Banks

High FII holding makes private banks vulnerable after Fed - analysts.  Full Article 

Euro Economy

Euro Economy

Half-way to lost decade, Europe's growth task as tough as ever.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

India to ask for Lufthansa help in joining airlines alliance

Related Topics

Stocks

   
A man holds an umbrella to shield himself from the rain on a beach in Mumbai June 13, 2013. REUTERS/Danish Siddiqui

The rains are here

Monsoon rains have covered India ahead of the usual date.  Slideshow 

» Click here for more slideshows
The logo of German air carrier Lufthansa seen at the Fraport airport in Frankfurt, September 7, 2012. REUTERS/Kai Pfaffenbach

The logo of German air carrier Lufthansa seen at the Fraport airport in Frankfurt, September 7, 2012.

Credit: Reuters/Kai Pfaffenbach

NEW DELHI | Tue Oct 9, 2012 1:05pm IST

NEW DELHI (Reuters) - India plans to ask Germany's Lufthansa AG (LHAG.DE) to help Air India AIN.UL join Star Alliance, Civil Aviation Minister Ajit Singh said on Tuesday, as it renews its push to become a member of the airlines network after failing to do so last year.

Both Air India and market leader Jet Airways (JET.NS) can become members of Star Alliance at the same time, he added.

(Reporting by Anurag Kotoky; Editing by G.Ram Mohan)
Top News
Business
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.