US moots new law to combat Chinese currency manipulation

---

• US moots new law to combat Chinese currency manipulation
• Rupee falls by 2 paise to 1-week low against dollar
• Sensex up 63 points on Asian cues
• L&T ties up with Cassidian
• Eurofighter looks to India for partnership
• Get portability in health insurance
• Jewellers look at new markets for growth
• RPG to sell 20% stake in Haldia Energy
• Won't accept conditions for Vedanta deal: Cairn
• Citi India rejigs advisory board
• US wants India to open up more
• China's execution capability is India's envy
• US stocks recover on Egypt news
• Rupee declines by over 24 paise against dollar
• Rupee ends lower on weak shares
• Recruitment trends expected to be good this year: Monster.com
• Sensex dips for the 3rd day; falls another 130 points
• Food inflation at 7-week low of 13.07%
• US frustrated over pace of opening up of Indian economy

US moots new law to combat Chinese currency manipulation Posted: 10 Feb 2011 08:48 PM PST Two powerful US Senators introduced a legislation in the Senate on Thursday that will give the Obama Administration additional tools to address currency manipulation by China.

Rupee falls by 2 paise to 1-week low against dollar Posted: 10 Feb 2011 08:38 PM PST The Indian rupee fell by 2 paise to a one-week low of Rs 45.74 against the US dollar in early trade on the Interbank Foreign Exchange on Friday, weighed down by gains made by the greenback against other Asian currencies overseas.

Sensex up 63 points on Asian cues Posted: 10 Feb 2011 08:28 PM PST The BSE benchmark Sensex rose by over 63 points in opening trade on Friday on bargain buying by funds and retail investors, triggered by a firming trend on other Asian bourses.

L&T ties up with Cassidian Posted: 10 Feb 2011 04:43 PM PST Engineering major Larsen & Toubro (L&T), which today earns a small fraction of revenues from the defence business, expects the segment to contribute 10% of revenues in the next 5 years.

Eurofighter looks to India for partnership Posted: 10 Feb 2011 04:41 PM PST European consortium Eurofighter is looking at India as an industrial partner to support its Eurofighter Typhoon programme.

Get portability in health insurance Posted: 10 Feb 2011 04:28 PM PST Holders of health insurance policies can now switch companies without fear of losing benefits of a 'no claim' track record or out of concerns that they may have to wait awhile before certain health conditions are covered.

Jewellers look at new markets for growth Posted: 10 Feb 2011 04:13 PM PST The gem and jewellery industry is trying to reclaim its lost sheen by shifting focus to newer markets like Hong Kong, Australia and Russia.

RPG to sell 20% stake in Haldia Energy Posted: 10 Feb 2011 04:04 PM PST RPG group may raise up to Rs 300 crore by divesting 20% stake in Haldia Energy (HEL), the subsidiary of group flagship CESC.

Won't accept conditions for Vedanta deal: Cairn Posted: 10 Feb 2011 04:03 PM PST Cairn India on Thursday said it will not accept any government condition that negatively impacts its value, even as the company posted a seven-fold jump in its third quarter profit at Rs 2,010.12 crore.

Citi India rejigs advisory board Posted: 10 Feb 2011 03:57 PM PST Citigroup has unveiled a new advisory board for its India operations, which include Harish Manwani, Unilevers president for Asia, Africa, Central and Esat European markets, and Pradeep V Bhide, a former revenue secretary.

US wants India to open up more Posted: 10 Feb 2011 03:49 PM PST Gary Locke, the US commerce secretary, who spoke at the concluding session of the Nasscom Leadership Summit, has called for further opening up of the Indian economy to improve trade relations between the two countries.

China's execution capability is India's envy Posted: 10 Feb 2011 03:47 PM PST China can push the rest of the world to dust when it comes to speed of execution. And that's bad news for India, according to some who know the country well.

US stocks recover on Egypt news Posted: 10 Feb 2011 09:05 AM PST US stocks recovered to near break-even Thursday as reports spread that Egypt's President Hosni Mubarak would resign, after being pushed down by bearish forecasts from Pepsi and tech companies Cisco and Akamai.

Rupee declines by over 24 paise against dollar Posted: 10 Feb 2011 07:07 AM PST The rupee today depreciated for the second day in a row by over 24 paise to end at a week's low of 45.7250/7350 against the US currency.

Rupee ends lower on weak shares Posted: 10 Feb 2011 06:51 AM PST Rupee weakened for the second straight day on Thursday, weighed by weak domestic shares and dollar demand from oil refiners on the back of an increase in global oil prices.

Recruitment trends expected to be good this year: Monster.com Posted: 10 Feb 2011 03:21 AM PST Recruitment activities in the country are expected to be good in the coming months in many sectors, including manufacturing, job portal Monster.com has said.

Sensex dips for the 3rd day; falls another 130 points Posted: 10 Feb 2011 03:10 AM PST The BSE benchmark sensex fell for the third straight day today, losing 130 points to 17,463.04, despite a dip in food inflation as investors remained unsure of strong corporate earnings in the face of high interest rates.

Food inflation at 7-week low of 13.07% Posted: 09 Feb 2011 11:28 PM PST Food inflation fell to a seven week low 13.07% for the week ended January 29 as pulses turned cheaper, even as vegetables remain costly.

US frustrated over pace of opening up of Indian economy Posted: 09 Feb 2011 09:58 PM PST The US was "extraordinarily" frustrated with the slow pace of opening up of Indian economy, despite the issue being raised at the highest level, a top Obama administration has said.

You are subscribed to email updates from Business News, International Business, Latest India Business and Markets News - Times of India To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610