| RBI
sells dollars after a 27-months |
Mumbai
May 18:
For the Reserve Bank of India, which was on dollar buying spree
for a long time to contain appreciation of the rupee, this March
was different. After nearly 27 months, the central bank sold
about $1.5 billion in March 2008.
|
| 5
Indians among most influential
|
London,
May 18:
Five Indians, including Ranbaxy chief Malvinder Mohan Singh,
have been named among the 40 most influential people in the
global pharmaceutical industry by a UK magazine for their contribution
to this business.
|
| RBI
not fighting re weakness strongly: HSBC
|
New
Delhi, May 18:
The weakness in rupee, which is inching closer to the 43-mark
against the US dollar with a six per cent fall this fiscal,
is not being resisted as strongly by RBI as during its appreciation,
banking giant HSBC believes.
|
| Industry
biggies bat for HAL airport, rap govt |
Bangalore
May 18:
Bangalore's information and biotechnology majors have again
trained their guns at the government over the closure of the
existing HAL airport.
|
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