Adani Power may bear the brunt of currency carnage

11:55 am Alert: BHEL receives order worth Rs 450 crore. The stock is currently at Rs 183.75, up Rs 1.40, or 0.77 percent on the BSE. 11:50 am Rupee burden: Burgeoning under-recoveries or loss on sale of petroleum products has become a bigger worry ...

No power on earth can stop the rupee from going down if it wants to, especially when the current account deficit- the gap between our external payments and receipts - is so bad. The RBI Governor has said the right thing by emphasising that his only job is to ...

''The popular perception that sovereigns cannot default on debt denominated in their own currency because of their power to print money is a myth. They can and do,'' said Fitch Ratings , in a newly-published report. Local currency defaults in the recent era ...

Funds Date Ticker ISIN code Shares in Currency Net Asset NAV/per Symbol Issue Value share Base PowerShares 18.06.2013 PSES IE00B23D8Y98 1,100,001 EUR 10,854,285 9.86752 FTSE RAFI Developed Europe Mid-Small Fund PowerShares 18.06.2013 PSRE ...

Indiabulls, a conglomerate with business interests in power, financial services, real estate and infrastructure, plans to have a presence in Bahrain by the end of this year. "After a successful debut of Indiabulls' international operations in ...

Cycle rickshaws move past a display of Indian rupees at a roadside currency exchange stall in the old quarters of Delhi. (Reuters) Related Top Stories Indian rupee failed to maintain initial gains against the American currency by slipping six ...

Indian rupee failed to maintain initial gains against the American currency by slipping six paise to 58.83 per dollar on renewed demand from banks and importers in view of sustained foreign capital outflows. The rupee resumed higher at 58.74 per ...

National Storage Mechanism Appointed by the FCA to act as the official mechanism for the storage of regulated information in the UK PR Newswire London, June 19 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited ...

Editor's note: CNN's John Defterios is reporting from the St. Petersburg International Economic Forum from June 20. Watch his show, Global Exchange, Sunday to Thursday 1900 UAE and follow him on Twitter. (CNN) -- Both the International Monetary ...