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Exuberant Indian markets gloss over economic reality

NEW DELHI - Surging capital inflows, booming stock markets and a fast-appreciating currency suggest the India story is again shining after a dismal 2011.

Recent Business News

MCX to launch $125 mln IPO Feb 21 - sources

MUMBAI - Multi Commodity Exchange (MCX), India's biggest commodity exchange by turnover, plans to launch an initial public offering of shares on February 21 to raise up to $125 million, two sources with direct knowledge of the matter said on Friday.

10 Feb 2012

Rupee posts biggest weekly fall in nine weeks

MUMBAI - Suspected dollar sales by the Reserve Bank of India helped the rupee recover all intraday losses on Friday but the currency still posted its biggest weekly fall in nine weeks.

10 Feb 2012

EU seen approving Google's Motorola deal - sources

BRUSSELS - Google Inc is expected to win approval next week from European regulators, as well as from U.S. antitrust authorities, for its planned $12.5 billion purchase of Motorola Mobility , according to people familiar with the matter.

Tech, 4:40am IST

Wall St Week Ahead: Bulls will not be tamed by weak earnings

NEW YORK - Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control next week.

4:48am IST

Reliance Comm profit falls for 10th straight quarter

NEW DELHI - Reliance Communications reported its 10th straight quarter of declining profit as interest costs soared, with investors betting on a sale of the No. 2 mobile operator's tower business to pare its heavy debt load.

10 Feb 2012
Comparing the tablets

Reuters Showcase

DLF Results

DLF Results

DLF Q3 net falls 45 pct, sees more gloom ahead.  Full Article 

RComm Results

RComm Results

Reliance Comm Q3 net falls 61 pct.  Full Article 

Rupee Falls

Rupee Falls

Rupee posts biggest weekly fall in nine weeks.  Full Article 

Nearing Bailout

Nearing Bailout

Greek cabinet approves EU/IMF bailout bill.  Full Article 

Mass Downgrade

Mass Downgrade

S&P downgrades 34 Italian banks.  Full Article 

Oil Demand

Oil Demand

IEA cuts 2012 oil demand growth forecast yet again.  Full Article 

Eyeing Yahoo

Eyeing Yahoo

Alibaba's wily Ma faces big Yahoo test.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Stock 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 

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