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Rates of exchange 08 Feb 2010

	1 EUR = 63.780	INR	↓
	1 USD = 46.730	INR	↑
	1 GBP = 72.940	INR	↓
	1 CAD = 43.670	INR	↑
	1 JPY = 0.523	INR	↑

Currency converter

	NEWS TAPE

India, Pakistan take tentative steps towards talks : India has proposed foreign secretary-level talks with Pakistan, a senior government source says, signalling a breakthrough in relations frozen since the 2008 attacks in Mumbai. Pakistan's foreign ministry confirmed that the offer had been made, but said it was ''seeking clarification'' on the content of any meeting before responding formally. ...
05 Feb 2010 21:17

Australia to 'cash in on Indian growth' : Australia's coal and liquefied natural gas (LNG) exports to India are set to climb as the South Asian nation's economy undergoes rapid growth, Australia's central bank said Friday. Asia is bouncing back from the global slump more quickly than the rest of the world at the same time as India is becoming an increasingly important destination for Australian resources, it said. ...
05 Feb 2010 21:13

India May Harvest Record Wheat Crop on Cool Weather : The wheat harvest in India, the world’s second-biggest producer, may exceed last year’s record as favorable weather in the main growing regions improves yields, a government official said. ...
05 Feb 2010 21:05

India Food Inflation Quickens, May Prompt Higher Rate : India’s food inflation accelerated for a second week, fueling speculation that the central bank may raise interest rates after ordering lenders to keep more cash reserves last week. An index measuring wholesale prices of lentils, rice, vegetables and other food articles compiled by the commerce ministry increased 17.56 percent in the week to Jan. 23 from a year earlier, ...
04 Feb 2010 20:57

Indian Ocean Tribe Is Extinct After 65,000 Years : An Indian Ocean tribe that dates as far back as 65,000 years has become extinct after its last surviving member died, Survival International said. Boa Sr, the last speaker of the Bo language, died last week at the age of about 85, the London-based charity said in a statement today. A survivor of the Asian tsunami of 2004, she lived in India’s ...
04 Feb 2010 20:56

Sugar Output Drops 2.5% in India on Delayed Crushing : Sugar output in India dropped in the first four months of the season that began Oct. 1, worsening a shortage that’s doubled retail prices in the world’s biggest consumer of the commodity, a ...
04 Feb 2010 20:48

India offers to resume talks with Pakistan : India has offered to resume official talks with Pakistan that were suspended after the bomb attacks on Mumbai (Bombay) in 2008. An official in Delhi told the BBC that India had proposed talks involving the two country's foreign secretaries. ...
04 Feb 2010 20:48

India May Raise $1.8 Billion in Sale of NTPC Shares : India may raise 82.8 billion rupees ($1.8 billion) selling shares in NTPC Ltd., the nation’s biggest power generator, according to the minimum price set by the government. The floor price was fixed at 201 rupees apiece by a panel of ministers, the New-Delhi-based utility said in a statement to the Bombay Stock Exchange today. That was a 4.9 percent discount to the ...
02 Feb 2010 20:11

India’s Rupee Rises as Economic Recovery May Attract Investment : India’s rupee rose, rebounding from near a four-week low, on speculation overseas investors will boost holdings of local assets as the nation’s economic recovery gathers pace. ...
02 Feb 2010 20:10

Canada beckons Indian students for higher studies : The number of Indian students going to Canada for higher education has almost doubled, thanks to a pilot project that aims at increasing the approval rate of visa applications, Tim Uppal, member of ...
02 Feb 2010 19:58

India PM warns against complacency over food security : Premier Manmohan Singh said Monday that India had been lulled into a "false sense of security" over its food reserves, and warned that income and population growth were pressuring supplies. ...
01 Feb 2010 20:30

India reaffirms opposition to binding carbon cuts : India reaffirmed to the United Nations that it would reject any attempt to impose legally binding climate change goals, but pledged to reduce emissions intensity. In an endorsement of December's much-criticised Copenhagen Accord, the environment ministry in New Delhi said it had submitted plans to reduce emissions intensity by 20 to 25 percent by 2020 compared ...
01 Feb 2010 20:29

Jobless Indians 'face ruin' in UK : Indians who have come to the United Kingdom on student visas say they are facing financial ruin as they cannot find work. Many have been getting free meals at a Sikh gurdwara in west London, as Poonam Taneja of BBC ...
27 Jan 2010 20:41

India’s Rupee Falls to Three-Week Low as Importers Buy Dollars : India’s rupee weakened to its lowest in more than three weeks on speculation importers bought dollars to settle month-end bills. The currency fell after Indian stocks slid the most in three months, taking the benchmark index to its lowest level since November, on concern the central bank will raise cash reserve ...
27 Jan 2010 20:31

AirAsia all set to fly to India : AirAsia is set to add India to its extended network come April. It will be flying to Chennai, Hyderabad, Bangalore, Mumbai and New Delhi. To mark the opening of the new routes, it is offering fares from as low as RM199 for the booking period from Wednesday to Sunday. ...
26 Jan 2010 16:24

India May Start Renewable-Energy Credits Trade in May : India may let power companies start trading renewable-energy credits in May in a push to create a multibillion-dollar market to encourage reductions in greenhouse-gas emissions. “We’ll be moving toward completely market-driven renewable energy development with this,” Pramod Deo, chairman of the Central Electricity Regulatory Commission, the power regulator, told ...
22 Jan 2010 15:47

India’s Commodity Futures Turnover May Rise 43% : Turnover on commodity exchanges in India, the world’s biggest gold consumer, may rise 43 percent to a record this year on higher prices and volumes, the industry regulator said. Commodities worth 75 trillion rupees ($1.63 trillion) may trade on India’s 22 exchanges in the year ending March 31, up from 52.5 trillion rupees a year ago, B.C. Khatua, chairman of the Forward ...
22 Jan 2010 15:27

India Warns Airports of Islamic Militant Hijack Risk : India alerted its airports and national airline after intelligence reports said Islamic militants might try to hijack a plane flying to or from one of its South Asian neighbors. The Civil Aviation Ministry ordered extra searches of passengers just before they board aircraft and the “deployment of sky marshals on certain flights,” a government press statement said. The ...
22 Jan 2010 15:25

Gold Imports by India Drop as Demand Wanes on Prices : Gold imports by India, the biggest buyer, dropped 18 percent last year as record prices lowered demand from jewelers and housewives, a traders’ group said. Overseas purchases were 343 metric tons in 2009, compared with 420 tons in 2008, according to data from the Bombay Bullion Association Ltd. Imports in December jumped to 34 tons from 3 tons in the ...
13 Jan 2010 15:13

Bangladesh PM hails India trip : Bangladesh Prime Minister Sheikh Hasina Wednesday hailed her four-day visit to giant neighbour India as a success that would usher in stronger economic and development cooperation. Hasina, on her first visit to India since coming to power in December 2008 polls, secured one billion dollars of credit from Asia's fourth-largest economy for bolstering infrastructure in Bangladesh. ...
13 Jan 2010 15:11

Australia says India ties unaffected by attacks : Australian Foreign Minister Stephen Smith said Tuesday that ties with India had not been undermined by a series of recent attacks against Indians living in Australia. The unsolved stabbing murder of 21-year-old Nitin Garg earlier this month caused anger among Indians in Australia and overseas, and prompted India's External Affairs Minister S. M. Krishna to suggest it ...
13 Jan 2010 15:02

India's Reliance raises 756 million dollars : India's Reliance Industries on Monday said it raised 756 million dollars in another share issue, its third in four months as it prepares to make overseas acquisitions. Reliance, the country's largest private sector firm, said in a statement it had sold 33 million shares at an average price of 1,050 rupees each, raising nearly 35 billion rupees. ...
11 Jan 2010 20:53

India Exports Rise to 15-Month High of $14.6 Billion : India’s exports increased to a 15- month high in December as recovery in the global economy boosted demand for the South Asian nation’s products. Overseas shipments surged to $14.6 billion after rising 18.2 percent from a year earlier in the previous month, the first increase in 14 months, Trade Minister Anand Sharma told reporters in Mumbai ...
11 Jan 2010 20:52

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India, Pakistan take tentative steps towards talks
05 Feb 2010

05 Feb 2010

Australia to 'cash in on Indian growth'

India Food Inflation Quickens, May Prompt Higher Rate
04 Feb 2010

05 Feb 2010

India May Harvest Record Wheat Crop on Cool Weather

04 Feb 2010

Sugar Output Drops 2.5% in India on Delayed Crushing

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