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

Rupee slumps to record low; bonds, stocks hit

The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signalled a tapering of its monetary stimulus, highlighting the country's dependence on foreign capital inflows to fund its current account deficit.  Full Article 

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REUTERS SHOWCASE

Monsoon Floods

Monsoon Floods

Death toll in Uttarakhand monsoon floods crosses 150  Full Article 

Auto Market

Auto Market

Tata Motors upgrades cars as rivals launch new ones.  Full Article 

EU Fines Ranbaxy

EU Fines Ranbaxy

EU fines Ranbaxy, others for blocking cheaper drugs.  Full Article 

Business Optimism

Business Optimism

Asian businesses optimistic; sentiment in India falls.  Full Article 

Financing Trouble

Financing Trouble

U.S. court lets stand Ex-Im Bank loan for Air India.  Full Article 

Euro Economy

Euro Economy

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

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Buy, Sell or Hold?

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Reuters India Mobile

Reuters India Mobile

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MARKET EYE-Indian shares gain; Maruti up ahead of results

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The new Xbox One controller (R), next to the previous controller during a press event unveiling Microsoft's new Xbox One in Redmond, Washington May 21, 2013. REUTERS/Nick Adams/Files
Technology

Microsoft reverses position on Xbox One

Microsoft says that users of its forthcoming Xbox One game console will be able to play games offline without an Internet connection, and will be able to lend or sell used disc-based games.  Full Article 

Fri Jan 25, 2013 10:11am IST 

* The BSE index is up 0.3 percent and the 50-share NSE
index is up 0.15 percent. 
* Maruti Suzuki shares gain 1 percent ahead of
October-December earnings, due later in the day.     
* Bank shares lead gains on hopes the RBI will cut interest
rates at its policy review on Tuesday: ICICI Bank 
gains 1 percent, while HDFC Bank gains 0.4 percent.
* Tata Motors shares gain 2.3 percent, as its 6.3
percent fall on Thursday was seen as overdone. That decline was
sparked by concerns over unit Jaguar Land Rover's EBTIDA
margins. 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
India Markets
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