With rupee falling by 5.5 per cent in five days, Finance Minister P Chidambaram said on Thursday the currency is undervalued and has overshot appropriate levels but sought to assuage investors......
India's May trade deficit widened to $20.1 billion from $17.8 billion a month ago, a trade ministry official said, on high imports of cheaper gold, increasing pressure on the current account......
Finance Minister P Chidambaram said fears the Federal Reserve would start reversing its US monetary stimulus programme were unfounded but his remarks failed to prevent steep falls in domestic......
Aviation regulator Directorate General of Civil Aviation said it has deregistered 15 aircraft operated by Kingfisher Airlines, paving the way for global leasing companies to take them back and......
India will make it easier for leasing and finance firms to reclaim planes used by Kingfisher Airlines, two government sources said, after complaints that India was complicating the......