Rupee gained 2% to 55.60 against the dollar, its biggest surge in three years on the first day of EU Summit where European leaders agreed on a deal to bring down borrowing costs in Spain and Italy. Read more
LONDON -- India's tennis stars Mahesh Bhupathi and Rohan Bopanna scored a 6-0, 7-6 (1), 6-2 win over Uruguay's Marcel Felder and Tunisia's Malek Jaziri on Wednesday at Wimbledon.
Virbhadra Singh, the minister for small businesses in the Congress-led UPA government has resigned from his post as pressure mounted on him over corruption charges. Read more
BSE Sensex closed 90.35 points down and the NSE benchmark fell 31.40 points in the wake of RBI’s measures to save the embattled rupee. Read more
NEW DELHI-- Air India pilots’ strike to protest against the management’s decision to sack 101 pilots is leading to a revenue loss of Rs 500 crores to the airline company. Read more
The Indian rupee (INR) plunged against the US dollar today [Friday] to cross the 57-mark and hit an all-time low of 57.33 a dollar before closing at 57.12. Read more
Ikea is set to invest Rs. 25,000 crores (approx. £1bn) in India to launch 25 stores. Read more
London 2012 Olympic park sculptor and artist Anish Kapoor’s empty Georgian house in London was occupied by protesters to hold an arts events and protest against the Games. Read more