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New Mumbai rabbi highlights worldwide Jewish mission

7 September 2010, 10:25 am

As they prepare for the High Holidays this week, the Jewish community in India's financial capital Mumbai has good news to report two years after its rabbi there died in an Islamist assault on the city.... Read More »

India's Online Auction Pioneers

7 September 2010, 8:53 am

In the world of art auctions, a start-up in India has changed the rules of the game.... Read More »

India index futures end higher; resistance seen at 5,600

7 September 2010, 5:46 am

MUMBAI, Sept 7 (Reuters) - India's benchmark stock index futures ended higher on Tuesday as investors took long positions on hopes of continued flows from foreign institutional investors, dealers said.... Read More »

India OIS rates ease on U.S. cues; policy key

7 September 2010, 5:30 am

MUMBAI, Sept 7 (Reuters) - India's Overnight Indexed Swap (OIS) rates inched lower on Tuesday as U.S. Treasury yields softened on renewed concerns about the health of European banks. [US/ ]... Read More »

ACC, Ambuja, India Cements Advance in Mumbai on Increasing Prices, Demand

7 September 2010, 3:05 am

ACC Ltd. , Ambuja Cements Ltd. and other cement makers gained in Mumbai trading after raising prices by as much as 25 percent in southern India on expectations demand will rise following the end of the monsoon.... Read More »

State Bank of India gets okay for retail bond sale

7 September 2010, 3:02 am

MUMBAI, Sept 7 (Reuters) - State Bank of India , the country's largest lender, on Tuesday said it had received approval to raise up to 10 billion rupees ($213.7 million) via a retail bond sale.... Read More »

India cbank sets minimum underwriting commitment

6 September 2010, 11:26 pm

MUMBAI, Sept 7 (Reuters) - The Reserve Bank of India (RBI) on Tuesday said it has set a minimum underwriting commitment of 1 billion rupees each for every primary dealer at Thursday's auction of 7.17 percent 2015 bonds and 8.13 percent 2022 bonds.... Read More »

India curbs may fuel cotton rally

6 September 2010, 11:00 am

MUMBAI: Global cotton prices are likely to continue their rally as India, the world's second biggest exporter, restricts exports to soften local prices even though the country is expecting a record crop, industry officials said. The south Asian country will only allow cotton exports of up to 5.5 mil... Read More »

India 5-yr OIS rates off one-week high, mood bearish

6 September 2010, 6:28 am

MUMBAI, Sept 6 (Reuters) - India's benchmark five-year overnight indexed swap rate ended higher, tracking higher U.S. Treasuries following the better-than-expected employment data for August, dealers said.... Read More »

India's HDFC Bank raises key lending rate by 50 bps

6 September 2010, 3:47 am

MUMBAI, Sept 6 (Reuters) - HDFC Bank , India's No. 2 private sector lender, on Monday said it had raised its benchmark lending rate by 50 basis points to 16.25 percent.... Read More »

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