India Holds Rates as Rupee Plunge Risks Inflation Pressure

* March qtr GDP growth at 4.8 pct vs 4.7 pct in Dec qtr * 2012/13 GDP growth at a decade-low of 5 pct * Expected GDP growth dashes hope for rate cut in June * Shares fall, bond yields rise, rupee hits 11-month low * Fiscal deficit narrows; April infra output ...

(Updates with central bank comment in sixth paragraph.) June 17 (Bloomberg) -- Monsoon, which accounts for 70 percent of India's annual rainfall, covered the entire country in a record time, accelerating plantings of crops from rice to soybeans and ...

4:42pm BST * June imports could drop sharply-industry, analysts * Spot gold prices fall on worries of reduced Indian demand * Government weighs other options (Adds comments from economic adviser) By Rajesh Kumar Singh and Siddesh Mayenkar NEW ...

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Follow us on Facebook and Twitter for updates Sugar prices at India's National Commodities and Derivative Exchange (NCDEX) witnessed a bearish phenomenon. Sugar for July delivery is now trading around Rs 3054-3093 per qtl levels. Both sugar ...

(Updates with more on FDI proposals from sixth paragraph.) June 19 (Bloomberg) -- An Indian Finance Ministry panel has recommended easing foreign investment rules in more than a dozen industries to help fund a record current-account gap, according ...

(Updates with comment from executive in fourth paragraph.) June 18 (Bloomberg) -- India, the world's biggest consumer of gold, could implement more measures to curb imports, a top economic official said as the country seeks to narrow a record ...

(Recasts lead, adds comments from lawmakers in paragraphs 2-3) WASHINGTON, June 18 (Reuters) - A bipartisan group of more than 170 U.S. lawmakers joined with a coalition of U.S. business groups on Tuesday to demand increased U.S. pressure on India ...

* ThomsonReuters/INSEAD sentiment index at 71 vs 65 in Q1 * Global economy remains biggest concern * Sentiment in China continues at record low * "Extreme fears" are beginning to fade-economist By Miyoung Kim SEOUL, June 19 (Reuters) - Asia's ...