MUMBAI (Reuters) - Indian government and state bonds will have no trading bands for Thursday, chief executive officer C.E.S. Azariah told Reuters, after trading in some debt had been halted earlier in the day due to circuit breakers. Trading in the Indian government bond market resumed after the relaxation in limits. The most-traded 8.33 percent 2026 bond rose 15 basis points to 7.60 percent from its previous close. The benchmark 10-year government bond was up 10 bps from its previous close. (Reporting by Archana Narayanan and Mumbai Treasury Desk; Editing by Rafael Nam) More »Government bond trading bands removed for day - FIMMDA CEO
NEW DELHI (Reuters) - India's chief economic adviser Raghuram Rajan said he will brief the media at 11:15 local time on Thursday after the rupee fell to a record low level. The rupee has fallen to 59.9350 to the dollar, a day after the U.S. Federal Reserve indicated a tapering of its monetary stimulus, and data showed China's factory activity weakened to a nine-month low in June. Reacting to the rupee's fall, Rajan said the U.S. Quantitative Easing programme can not continue indefinitely. (Reporting by Anurag Kotoky; Editing by Supriya Kurane) More »Raghuram Rajan to brief press on rupee fall
By Paul Eckert WASHINGTON (Reuters) - A U.S. congressman who has been blind Chinese dissident Chen Guangcheng's main champion in Washington said people working for New York University have tried to keep him from meeting Chen, barging into a meeting on Capitol Hill and pulling Chen out on one occasion. U.S. Representative Chris Smith, an outspoken supporter of Chinese dissidents since the 1980s, described repeated instances of various people he says were from NYU interfering in his attempts to meet with Chen. ... More »Lawmaker, university spar over 'control' of Chinese dissident in U.S.
Moscow, June 20 (IANS/EFE) Brad Pitt will open the 35th Moscow International Film Festival with the apocalyptic movie "World War Z", recently premiered in New York. More »Brad Pitt to open Moscow film fest with `World War Z'
NEW DELHI (Reuters) - Finance Minister P. Chidambaram held a meeting with his top civil servants on Thursday about the fall of the rupee, which has plunged to a record low level. The rupee has fallen to 59.9350 to the dollar, a day after the U.S. Federal Reserve indicated a tapering of its monetary stimulus, and data showed China's factory activity weakened to a nine-month low in June. (Reporting by Rajesh Kumar Singh and Manoj Kumar, editing by Anurag Kotoky) More »Finance minister holds meeting with officials over rupee fall
(Corrects final paragraph to show Singapore's previous reading was 61, not 63) SYDNEY, June 19 (Reuters) - Optimism among Asia's top companies gathered momentum in the second quarter despite lingering concerns about the global economy and rising costs, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday showed. ... More »CORRECTED - Q2 ThomsonReuters/INSEAD Asia Business Sentiment Survey - by economy
Dubai, June 20 (IANS/WAM) Dubai-based Flydubai airline Wednesday announced launch of business class services, based on its passengers' feedback from across its network of 60 destinations. More »Flydubai launches business class service
SAO PAULO (Reuters) - Brazilian soccer great Pele has called on thousands of protestors demonstrating over poor quality public services and corruption to leave the streets and focus on football, an appeal that was quickly met with derision on social media. Brazil is currently hosting the Confederations Cup which began on Saturday, a tournament seen as a dry-run before it hosts the World Cup next year expected to draw an estimated 600,000 visitors to the country. ... More »Brazilians mock Pele appeal to end protests
BEIJING (Reuters) - Courts in China's far western region of Xinjiang have sentenced 19 ethnic Uighurs to up to six years in jail for promoting racial hatred and religious extremism online, in the latest crackdown on what China sees as violent separatists. All but one of those jailed were from the heavily Uighur southern part of Xinjiang, including eight from the old Silk Road city of Kashgar, the official Legal Daily reported on its website. ... More »China jails 19 Uighurs for religious extremism
Mumbai, June 20 (IANS) What Mani Ratnam couldn't do, Aanand Rai has succeeded in doing. Audiences will be getting to hear Bollywood actress Sonam speak in Tamil for the first time in "Raanjhanaa". More »Hear Sonam Kapoor `speak' in Tamil in 'Raanjhanaa'
By Kevin Yao BEIJING (Reuters) - China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening risks that a second quarter slowdown could be sharper than expected and raising the heat on the central bank to loosen policy. The flash HSBC Purchasing Managers' Index fell to 48.3 in June from May's final reading of 49.2, drifting further away from the 50-point level demarcating expansion from contraction. It was the weakest level since September. ... More »China June flash HSBC PMI hits nine-month low on weak demand
REUTERS - U.S. celebrity chef Paula Deen, known for her high-calorie Southern cooking, admitted in a deposition that surfaced on Wednesday that she has used racial slurs but her attorney says she does not tolerate prejudice. A former employee of Paula Deen Enterprises, Lisa Jackson, is suing Deen and her brother Earl "Bubba" Hiers for racial and sexual discrimination in the work place, and the video-taped deposition was related to the suit. ... More »U.S. celebrity chef explains use of racial epithet in deposition
Tata Motors has announced HORIZONEXT, an aggressive customer-focused strategy for its Passenger Vehicles business. As part of the programme, Tata has also unveiled 8 newly upgraded and enhanced products, across 5 brands. These vehicles will soon be available at dealerships. More »Tata Motors Announces HORIZONEXT, unveils 8 new improved models
Washington, June 20 (ANI): James Gandolfini, who was best known for playing Tony Soprano in 'The Sopranos,' died in Italy on Wednesday. He was 51. More »'The Sopranos' star James Gandolfini dies at 51
Agartala, June 20 (ANI): President Pranab Mukherjee will arrive here on Thursday for a two-day visit to Tripura. More »Prez to attend 10th convocation of Tripura Central University
Sydney, June 20 (ANI): Australian cricketer Steve Smith is reportedly expected to be included as a reserve batsman for the Ashes squad following captain Michael Clarke's ongoing back injury and opener David Warner's suspension. More »Steve Smith in line for late Ashes call-up
MUMBAI (Reuters) - The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signalled a tapering of its monetary stimulus, highlighting the country's dependence on foreign capital inflows to fund its current account deficit. Market were also hit by data showing China's factory activity weakened to a nine-month low in June. The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11. The rupee was trading at 59.82/81, down from its 58.71/72 close on Wednesday. ... More »Rupee slumps to record low; bonds, stocks slump
Sydney, June 20 (ANI): Australian fast bowler Ryan Harris has said that he will be staying for all the five Ashes Tests. More »'Battle-hardened' Harris confident of staying in England for complete Ashes series