Kingfisher Airlines loses No 2 position |
- Kingfisher Airlines loses No 2 position
- Banks go slow on ATM rollout
- 'RBI monitoring depreciating rupee'
- Inflation will start declining from December: Basu
- IMF to press Greek parties on reform promises
- Euro rises on ECB lending hope
- Sensex ends in red for third consecutive week
- Kingfisher slips to 3rd spot, IndiGo gains
- Rupee at 2.5-year low, touches 51.34 per dollar
| Kingfisher Airlines loses No 2 position Posted: 19 Nov 2011 05:07 PM PST Bad news continues for the king of good times. Vijay Mallya's cash-strapped Kingfisher has lost its number two position from the Indian skies. 
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| Posted: 19 Nov 2011 12:24 PM PST The wait outside public sector bank ATMs is set to get longer with the banks putting on hold plans to install new cash dispensing machines in the wake of a government decision to centralize procurement. 
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| 'RBI monitoring depreciating rupee' Posted: 19 Nov 2011 06:38 AM PST Even as the rupee fell to a 32-month low against the dollar, pushing up the cost of imports, Finance Minister Pranab Mukherjee on Saturday said the central bank was monitoring the situation and would act at the appropriate time. 
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| Inflation will start declining from December: Basu Posted: 19 Nov 2011 06:25 AM PST Inflation will start declining from December and the Reserve Bank expects it to come down to 7 per cent by the end of the financial year in March, chief economic adviser to finance ministry Kaushik Basu said on Saturday. 
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| IMF to press Greek parties on reform promises Posted: 19 Nov 2011 04:54 AM PST Greece's fractious political parties on Saturday to give written guarantees that they will back austerity measures under a bailout deal aimed at saving the country from financial ruin. 
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| Euro rises on ECB lending hope Posted: 19 Nov 2011 03:18 AM PST The euro gained on Friday on hopes that the European Central Bank may get involved in a plan to help struggling euro zone countries, but world stocks fell as many investors continued to fear a spread of the region's debt crisis into core European economies. 
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| Sensex ends in red for third consecutive week Posted: 19 Nov 2011 03:11 AM PST Sensex has extended its losing streak for the third straight trading week, losing over 820 points as selling pressure triggered by poor second quarter earnings and a weak trend in global markets over the euro zone crisis battered stocks. 
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| Kingfisher slips to 3rd spot, IndiGo gains Posted: 19 Nov 2011 01:58 AM PST India's struggling Kingfisher Airlines slipped in market share to the third position in October, from second in September, ceding ground to budget airline IndiGo, government data showed. 
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| Rupee at 2.5-year low, touches 51.34 per dollar Posted: 18 Nov 2011 06:59 PM PST Both the rupee and sensex witnessed their worst weeks in this quarter. The key driver of the markets was the fear that European crisis could worsen. 
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