Rally in the Indian stock market fizzled out this week, with benchmark indices declining nearly 2%
Kiran Chaube
Jul. 15, 2012

As growthy slows, so does Indian stock market and Rupee.During the week, the 30-share Sensex declined 307.42 points, or 1.8%, to end the week at 17,213.70. The broader 50-share Nifty lost 89.70 points, or 1.7% to end at 5,227.25.

The week, in which the first quarter earnings season kicked off, saw technology and metal pack suffer following a disappointing set of numbers from software services major Infosys and looming economic worries in the eurozone and China.

Rally in the Indian stock market fizzled out this week, with benchmark indices declining nearly 2%
Kiran Chaube
As growthy slows, so does Indian stock market and Rupee.During the week, the 30-share Sensex declined 307.42 points, or 1.8%, to end the week at 17,213.70.
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Half of India under drought, food shortage will dwarf growth
Special Correspondent
India will have area affected by a moderate or severe drought comprising 20-40% of total geographical area; rainfall deficiency in the entire country exceeds 40%.
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India may face genuine food shortage after four decades
Sudhir Chadda
Excessive food exports, shyirtage of rainfall and power have created the high probability of food shortage in India after four decades.
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American answers nuclear reactor liability question with Union Carbide judgement on Bhopal tragedy
Suniti Agarwal
India has to now decide if AMerican companies can be trusted in India. American court system will favor American companies no matter what these companies and their executives do in India.
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We shall overcome : Krishna tells US business
Sridhar Munnaswamy
In an era of global inter-dependence, not everything is within the powers of national governments.But we are confident that we will restore investor confidence and regain economic momentum and growth: Indian external affairs minister SM Krishna.
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Eurozone breakup is just a question of time and will devastate Indian economy
Parthiv Gandala
'If Europe does slip into a crisis, it is going to be a very difficult time. There is no escaping from that....it will be a lie to say that we have the strength to weather that,' says India's Chief economic adviser Kaushik Basu.
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Air India ATR-42 aircraft’s nose wheels fell off from the plane in sky
Special Correspondent
As the Air India plane took off from Silchar airport amid a drizzle, ground staff saw something drop from the sky. It was one of the ATR-42 aircraft’s nose wheels.
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Indian prime minister's office (PMO) refused call for independent probe on its own scam coalgate
Sonia Joshi
It is only possible in India. The alleged thief tells the cops to back off and get lost. Indian democracy faces its firetest like America faced with Richard Nixon in watergate scandal.
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