Rupee sees worst fall in over two months; eyes set on new finance minister

Rupee sees worst fall in over two months; eyes set on new finance minister

   May 27, 2014       prabhakardalvi

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MUMBAI (Reuters) - The rupee posted its biggest single-day fall in more than two months on Tuesday, dropping for a third straight session, weighed down by continued profit-taking in domestic shares and month-end dollar demand from importers. After Narendra Modi was sworn in as India's prime minister...

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Nifty falters; investors wait for Modi to deliver

Nifty falters; investors wait for Modi to deliver

   May 27, 2014       prabhakardalvi

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MUMBAI (Reuters) - The Nifty fell for a second consecutive session as investors continued to book profits in recent outperformers such as State Bank of India while they wait for actual policies from Prime Minister Narendra Modi and his new cabinet. Arun Jaitley, who was named as India's new finance...

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