http://www.dnaindia.com/ dnaindia.com delivers news and information on the latest top stories, sport, entertainment, business, technology, Mumbai, India, world and more. en-us COPYRIGHT @ 2013 DILIGENT MEDIA CORPORATION LTD. ALL RIGHTS RESERVED XML::RSS Thu, 20 Jun 2013 12:20:23 GMT Thu, 20 Jun 2013 12:20:23 GMT http://www.dnaindia.com/syndication/ 10 http://static.dnaindia.com/images/710/logo_dna_rss.gif http://www.dnaindia.com/ 31 88 dnaindia.com delivers news and information on the latest top stories, sport, entertainment, politics, India, World and more. http://www.dnaindia.com/money/1850733/report-rupee-hits-life-time-low-of-59-93-government-steps-in http://www.dnaindia.com/money/1850733/report-rupee-hits-life-time-low-of-59-93-government-steps-in The Indian currency dropped sharply a day after the US Federal Reserve chairman Ben Bernanke signalled that the Fed would start winding down its stimulus spending later this year. Thu, 20 Jun 2013 11:56:58 GMT Money http://www.dnaindia.com/money/1850726/report-middle-class-indians-hard-hit-by-rupee-s-fall-survey http://www.dnaindia.com/money/1850726/report-middle-class-indians-hard-hit-by-rupee-s-fall-survey According to Assocham, going to fancy restaurants has been hit the hardest with around 78 percent of middle class Indians avoiding eating out. Thu, 20 Jun 2013 11:43:04 GMT Money http://www.dnaindia.com/money/1850629/report-asian-markets-hammered-on-china-fears-fed-exit-plan http://www.dnaindia.com/money/1850629/report-asian-markets-hammered-on-china-fears-fed-exit-plan Asian currencies take a bath, Indian rupee at record low; US Treasury yields hit 15-month high, underpin US dollar Thu, 20 Jun 2013 07:59:25 GMT Money http://www.dnaindia.com/money/1850625/report-ftse-100-tumbles-on-us-stimulus-fears-china-slowdown http://www.dnaindia.com/money/1850625/report-ftse-100-tumbles-on-us-stimulus-fears-china-slowdown The index was testing support levels at around 6,225, lows hit in February, April and early June. Thu, 20 Jun 2013 07:22:35 GMT Money http://www.dnaindia.com/money/1850581/report-india-s-poor-need-more-purchasing-power-not-doles http://www.dnaindia.com/money/1850581/report-india-s-poor-need-more-purchasing-power-not-doles After the Second World War, the decolonisation process gradually set in and, with the passage of time, European colonies waned. Thu, 20 Jun 2013 06:23:08 GMT Money http://www.dnaindia.com/money/1850564/report-tata-coffee-stirs-it-up-with-instant-coffee-push http://www.dnaindia.com/money/1850564/report-tata-coffee-stirs-it-up-with-instant-coffee-push Thu, 20 Jun 2013 05:48:22 GMT Money http://www.dnaindia.com/money/1850563/report-prime-focus-to-launch-ops-in-china http://www.dnaindia.com/money/1850563/report-prime-focus-to-launch-ops-in-china Thu, 20 Jun 2013 05:44:59 GMT Money http://www.dnaindia.com/money/1850559/report-in-it-consulting-indian-firms-lag-global-peers http://www.dnaindia.com/money/1850559/report-in-it-consulting-indian-firms-lag-global-peers Thu, 20 Jun 2013 05:41:21 GMT Money http://www.dnaindia.com/money/1850558/report-cil-in-a-rush-to-upgrade-tech-boost-output http://www.dnaindia.com/money/1850558/report-cil-in-a-rush-to-upgrade-tech-boost-output Thu, 20 Jun 2013 05:38:18 GMT Money http://www.dnaindia.com/money/1850557/report-abbott-entity-sues-reddy-s-over-thyroid-drug http://www.dnaindia.com/money/1850557/report-abbott-entity-sues-reddy-s-over-thyroid-drug Thu, 20 Jun 2013 05:35:27 GMT Money http://www.dnaindia.com/money/1850556/report-with-8-upgrades-tamo-gears-up-for-rebound http://www.dnaindia.com/money/1850556/report-with-8-upgrades-tamo-gears-up-for-rebound Thu, 20 Jun 2013 05:33:30 GMT Money http://www.dnaindia.com/money/1850552/report-coca-cola-elevates-indians http://www.dnaindia.com/money/1850552/report-coca-cola-elevates-indians Thu, 20 Jun 2013 05:30:00 GMT Money http://www.dnaindia.com/money/1850551/report-hind-copper-starts-roadshows-for-second-tranche-sale http://www.dnaindia.com/money/1850551/report-hind-copper-starts-roadshows-for-second-tranche-sale Thu, 20 Jun 2013 05:27:08 GMT Money http://www.dnaindia.com/money/1850550/report-early-rains-promise-kharif-bounty-for-fertiliser-cos http://www.dnaindia.com/money/1850550/report-early-rains-promise-kharif-bounty-for-fertiliser-cos Thu, 20 Jun 2013 05:24:52 GMT Money http://www.dnaindia.com/money/1850548/report-fii-bond-sales-taper-but-will-they-return http://www.dnaindia.com/money/1850548/report-fii-bond-sales-taper-but-will-they-return Sebi debt limit auction today will test appetite. Thu, 20 Jun 2013 05:22:29 GMT Money http://www.dnaindia.com/money/1850543/report-the-us-fed-reserve-spooks-markets-bond-trading-halted http://www.dnaindia.com/money/1850543/report-the-us-fed-reserve-spooks-markets-bond-trading-halted Rupee touches record low of Rs. 59.91 in the morning, equity markets down 2% Thu, 20 Jun 2013 05:10:22 GMT Money http://www.dnaindia.com/money/1850521/market-report-sensex-tumbles-500-points-as-rupee-hits-record-low http://www.dnaindia.com/money/1850521/market-report-sensex-tumbles-500-points-as-rupee-hits-record-low The 30-share barometer after losing over 423 points in early trade, fell further by 501.34 points, or 2.60%, to slip below 19,000-point level to trade at 18,744.36 points at 1400 hrs. Thu, 20 Jun 2013 04:35:05 GMT Money http://www.dnaindia.com/money/1850515/report-rupee-trims-initial-losses-against-us-dollar-still-lower-by-83-paise http://www.dnaindia.com/money/1850515/report-rupee-trims-initial-losses-against-us-dollar-still-lower-by-83-paise Persistent capital outflows from foreign funds also affected the market sentiment. Thu, 20 Jun 2013 04:31:47 GMT Money http://www.dnaindia.com/money/1850310/report-us-dollar-ends-lower-against-rupee http://www.dnaindia.com/money/1850310/report-us-dollar-ends-lower-against-rupee Wed, 19 Jun 2013 15:29:41 GMT Money http://www.dnaindia.com/money/1850286/report-bharti-airtel-to-invest-125-mn-in-gabon http://www.dnaindia.com/money/1850286/report-bharti-airtel-to-invest-125-mn-in-gabon India's Bharti Airtel will invest $125 million more in Gabon to develop the communications network in the central African country. Wed, 19 Jun 2013 12:37:27 GMT Money http://www.dnaindia.com/money/1850024/report-rupee-recovers-15-paise-against-dollar-in-early-trade http://www.dnaindia.com/money/1850024/report-rupee-recovers-15-paise-against-dollar-in-early-trade The rupee sank by a whopping 90 paise to an all-time closing low of 58.77 in yesterday's session on massive dollar buying by banks and importers. Wed, 19 Jun 2013 04:53:27 GMT Money http://www.dnaindia.com/money/1850023/market-report-sensex-recovers-22-pts-on-late-buying-fed-meet-outcome-eyed http://www.dnaindia.com/money/1850023/market-report-sensex-recovers-22-pts-on-late-buying-fed-meet-outcome-eyed Brokers said sustained selling by funds in the absence of any positive factor amid a mixed trend in the Asian region, mainly dampened the trading sentiment. Wed, 19 Jun 2013 04:51:13 GMT Money http://www.dnaindia.com/money/1850020/report-to-pump-up-the-volume-sony-lines-up-rs15k-bravia-for-small-towns http://www.dnaindia.com/money/1850020/report-to-pump-up-the-volume-sony-lines-up-rs15k-bravia-for-small-towns Wed, 19 Jun 2013 04:18:55 GMT Money http://www.dnaindia.com/money/1850019/report-signs-of-hope-in-it-spend http://www.dnaindia.com/money/1850019/report-signs-of-hope-in-it-spend US recovery spells boom for IT services as innovation, localised offerings set to take centre stage. Wed, 19 Jun 2013 04:15:12 GMT Money http://www.dnaindia.com/money/1850017/report-after-3g-vodafone-slashes-2g-data-rates-80pct http://www.dnaindia.com/money/1850017/report-after-3g-vodafone-slashes-2g-data-rates-80pct Users to pay 2p/10 kb of data, as opposed to 10p/10 kb earlier. Wed, 19 Jun 2013 04:11:33 GMT Money http://www.dnaindia.com/money/1849962/report-rupee-skating-down-glenmark-ranbaxy-feel-the-heat http://www.dnaindia.com/money/1849962/report-rupee-skating-down-glenmark-ranbaxy-feel-the-heat Wed, 19 Jun 2013 04:07:50 GMT Money http://www.dnaindia.com/money/1850016/report-adani-power-may-bear-the-brunt-of-currency-carnage http://www.dnaindia.com/money/1850016/report-adani-power-may-bear-the-brunt-of-currency-carnage Wed, 19 Jun 2013 04:05:18 GMT Money http://www.dnaindia.com/money/1849960/interview-sony-to-launch-20-tv-models-chase-no-1-slot http://www.dnaindia.com/money/1849960/interview-sony-to-launch-20-tv-models-chase-no-1-slot Soon after launching the 65-inch and 55-inch models in the 4K Bravia televisions – it's a range that offers four times more detail than a full high-definition or HD TV – at a New Delhi event on Tuesday, Sony India's MD Kenichiro Hibi spoke to dna about the company's investment plans and new products. Excerpts from the interview: Wed, 19 Jun 2013 02:12:54 GMT Money http://www.dnaindia.com/money/1849958/report-rupee-slips-to-new-lows-as-fed-weighs-qe-pullback http://www.dnaindia.com/money/1849958/report-rupee-slips-to-new-lows-as-fed-weighs-qe-pullback FIIs' $4.7bn pullout from debt in the last 19 sessions also hangs heavy. Wed, 19 Jun 2013 02:01:32 GMT Money http://www.dnaindia.com/money/1849915/report-rupee-hits-record-closing-low-of-58-77-against-dollar http://www.dnaindia.com/money/1849915/report-rupee-hits-record-closing-low-of-58-77-against-dollar India's trade deficit widened to seven month high of $20.14 billion in May due to sluggish exports and higher imports, notably of gold and silver, according to data released by the commerce ministry on Monday. Tue, 18 Jun 2013 17:31:22 GMT Money http://www.dnaindia.com/money/1849841/report-tcs-joins-us2020-as-founding-leadership-partner http://www.dnaindia.com/money/1849841/report-tcs-joins-us2020-as-founding-leadership-partner Tata Consultancy Services is joining as a Founding Leadership Partner of US2020, providing more than $500,000 in cash and in-kind support. Tue, 18 Jun 2013 15:05:27 GMT Money http://www.dnaindia.com/money/1849678/report-chidambaram-for-mobilisation-of-resources-from-insurance-and-pension-sector-for-idfs http://www.dnaindia.com/money/1849678/report-chidambaram-for-mobilisation-of-resources-from-insurance-and-pension-sector-for-idfs Chidambaram said that in order to give thrust to investment in infrastructure sector and to attain GDP growth rate of 8%, there is an immense need for financial products such as IDFs, Takeout Finance and Credit Enhancement to fill the financial gap in the infrastructure sector. Tue, 18 Jun 2013 08:29:28 GMT Money http://www.dnaindia.com/money/1849588/report-rupee-plunges-56-paise-against-dollar-in-early-trade http://www.dnaindia.com/money/1849588/report-rupee-plunges-56-paise-against-dollar-in-early-trade Forex dealers said besides dollar's gains against the yen overseas as investors await the outcome of a US Federal Reserve meeting, increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee. Tue, 18 Jun 2013 04:23:33 GMT Money http://www.dnaindia.com/money/1849586/market-report-sensex-slips-103-points-on-profit-booking-ahead-of-us-fed-meet http://www.dnaindia.com/money/1849586/market-report-sensex-slips-103-points-on-profit-booking-ahead-of-us-fed-meet NTPC was the biggest loser in Sensex. Bharti Airtel fell over 1.6% a day after Trai lowered roaming charges for calls and SMSs. Tue, 18 Jun 2013 04:10:51 GMT Money http://www.dnaindia.com/money/1849523/report-ramadorai-named-chairman-of-air-asia http://www.dnaindia.com/money/1849523/report-ramadorai-named-chairman-of-air-asia Tue, 18 Jun 2013 02:30:00 GMT Money http://www.dnaindia.com/money/1849512/report-tata-sasol-may-dump-coal-to-liquid-venture http://www.dnaindia.com/money/1849512/report-tata-sasol-may-dump-coal-to-liquid-venture Tue, 18 Jun 2013 02:30:00 GMT Money http://www.dnaindia.com/money/1849498/report-trade-gap-widens-on-gold-rush http://www.dnaindia.com/money/1849498/report-trade-gap-widens-on-gold-rush Tue, 18 Jun 2013 02:30:00 GMT Money http://www.dnaindia.com/money/1849528/report-7-of-10-see-rate-cut-coming-in-july-30-review http://www.dnaindia.com/money/1849528/report-7-of-10-see-rate-cut-coming-in-july-30-review Economists see at least a 25 bps reduction ahead Mon, 17 Jun 2013 18:51:20 GMT Money http://www.dnaindia.com/money/1849524/report-l-and-t-sees-revival-in-heavy-engineering-orders http://www.dnaindia.com/money/1849524/report-l-and-t-sees-revival-in-heavy-engineering-orders Mon, 17 Jun 2013 18:47:33 GMT Money http://www.dnaindia.com/money/1849519/report-cheap-foreign-loans-spur-india-s-outbound-m-and-a-plans http://www.dnaindia.com/money/1849519/report-cheap-foreign-loans-spur-india-s-outbound-m-and-a-plans Banks are now back, funding the entire amount of Apollo Tyres Ltd's $2.5 billion bid for New York-listed Cooper Tire & Rubber Co Mon, 17 Jun 2013 18:45:33 GMT Money http://www.dnaindia.com/money/1849511/report-wipro-says-delayed-deal-closures-boosting-ims-biz http://www.dnaindia.com/money/1849511/report-wipro-says-delayed-deal-closures-boosting-ims-biz Achuthan Nair, SVP & head, managed services, GIS at Wipro spoke to Beryl Menezes about the company's pioneering infrastructure management services (IMS) vertical, outcome-based sourcing and focus on automation and social media, mobility, analytics,cloud (SMAC). Excerpts from the interview: Mon, 17 Jun 2013 18:42:31 GMT Money http://www.dnaindia.com/money/1849420/report-after-ratan-tata-airasia-india-gets-tcs-subramanian-ramadorai-on-board-as-chairman http://www.dnaindia.com/money/1849420/report-after-ratan-tata-airasia-india-gets-tcs-subramanian-ramadorai-on-board-as-chairman Ramadorai was also formerly the chief executive of the country's largest software exporter. Mon, 17 Jun 2013 13:52:11 GMT Money http://www.dnaindia.com/money/1849349/report-banks-expect-rate-cuts-in-july-rule-out-cut-in-lending-rate http://www.dnaindia.com/money/1849349/report-banks-expect-rate-cuts-in-july-rule-out-cut-in-lending-rate Describing RBI policy as not surprising, State Bank of India Managing Director and Chief Financial Officer Diwakar Gupta said there is room for the central bank to look at the long-term and not too much on the short-term issues like rupee fall and the CAD. Mon, 17 Jun 2013 12:44:12 GMT Money http://www.dnaindia.com/money/1849299/report-lg-hikes-prices-of-home-appliances-by-up-to-5pct-on-rupee-fall http://www.dnaindia.com/money/1849299/report-lg-hikes-prices-of-home-appliances-by-up-to-5pct-on-rupee-fall The new prices will be applicable from June 18. Mon, 17 Jun 2013 10:50:20 GMT Money http://www.dnaindia.com/money/1849295/report-trai-lowers-roaming-charges-for-calls-smss http://www.dnaindia.com/money/1849295/report-trai-lowers-roaming-charges-for-calls-smss The changes will come into effect from next month. Mon, 17 Jun 2013 09:38:50 GMT Money http://www.dnaindia.com/money/1849233/report-elevated-food-prices-putting-pressure-on-inflation-rbi http://www.dnaindia.com/money/1849233/report-elevated-food-prices-putting-pressure-on-inflation-rbi Given that food inflation remains high, the inflation outlook will be influenced by concerted efforts to break food inflation persistence, he said. Mon, 17 Jun 2013 08:10:33 GMT Money http://www.dnaindia.com/money/1849226/report-create-conducive-investment-environment-to-boost-growth-rbi http://www.dnaindia.com/money/1849226/report-create-conducive-investment-environment-to-boost-growth-rbi The growth of industrial production decelerated to 2.3% in April after picking up in the preceding month. Mon, 17 Jun 2013 08:02:37 GMT Money http://www.dnaindia.com/money/1849218/report-rbi-decision-to-hold-policy-rates-at-status-quo-disappointing-cii http://www.dnaindia.com/money/1849218/report-rbi-decision-to-hold-policy-rates-at-status-quo-disappointing-cii In such a situation, the CII is looking at the RBI for interventions which would improve the cost and availability of credit to industry, Banerjee said. Mon, 17 Jun 2013 07:52:24 GMT Money http://www.dnaindia.com/money/1849169/report-rbi-keeps-key-policy-rates-unchanged http://www.dnaindia.com/money/1849169/report-rbi-keeps-key-policy-rates-unchanged The cash reserve ratio (CRR) is kept unchanged at 4%. Mon, 17 Jun 2013 06:04:26 GMT Money http://www.dnaindia.com/money/1849161/report-as-japanese-scoot-away-bajaj-hero-miss-the-ride http://www.dnaindia.com/money/1849161/report-as-japanese-scoot-away-bajaj-hero-miss-the-ride Mon, 17 Jun 2013 05:49:00 GMT Money