Money
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Steel secretary says secondary producers to cut price by 4,000 rupees/tonne
JPMorgan lowers 2008 India rupee forecast to 40/dlr
MUMBAI (Reuters) - JPMorgan Chase Bank has lowered its 2008 forecast for the rupee to 40 per dollar from 39 earlier as a widening current account deficit and outflows weigh on the currency, which lost 1.7 percent this week. Full Article
India shares bounce around; ONGC down, Bharti gains
MUMBAI (Reuters) - Indian shares swung between losses and gains on Wednesday morning, with software-service exporters gaining from a weakening rupee but top oil explorer Oil and Natural Gas Corp (ONGC) down on fears of a rising subsidy burden. Full Article
INDIA: 
U.S.: 
EUROPE: 
Catch the latest as India acts to quash inflation and guard food supplies. Full Coverage
| Symbol | Bid | Ask |
|---|---|---|
| BRENT CRUDE | $124.42 | $124.45 |
| GOLD | $2,948.00 | $2,949.00 |
| SILVER | $568.80 | $570.80 |
