Today's buzz: BJP crisis ends, Apple iOS 7, rupee & more

THE ECONOMIC TIMES Tue, Jun 11, 2013 | 06:38 PM IST Daily Newsletter

BJP crisis ends: Advani withdraws resignation, Modi welcomes decision Bringing an end to the party crisis, LK Advani accepted BJP Parliamentary Board's decision rejecting his resignation.... Indian markets vulnerable, Rupee may hit 63 per dollar While outflows from Asia would hurt most regional markets, analysts rank India most vulnerable to a withdrawal of the... CBI files fresh cases against Naveen Jindal, ex- Minister Dasari Narayan Rao CBI is carrying out searches at 15 places in Delhi and Hyderabad in connection with coal scam, the source said.... iOS 7: Apple unveils new mobile software platform The Apple OS has completely redesigned flat icons. The iOS 7 has a new slide-up control panel, fonts & new translucen...

FEATURED STORIES Are you a tax defaulter? Here's a chance to declare your tax liability Government has decided to provide the tax defaulters another chance by implementing a single time amnesty scheme.... read more Volatile rupee seen in 55-60/dollar range for next one month »  Apple launches re-imagined Mac Pro with cylindrical chassis »

Popular Stories Turning into an entrepreneur? Five business models you should consider 2 Infosys directors in race for CEO's post in iGate Appointment of Rohan Murty in Infosys is conflict of interest: Jairam Ramesh Reliance Retail to take MNCs like Walmart, Carrefour head on

There is nothing unusual in Indian rupee's move, it is moving in line with other emerging market currencies...Adrian Mowat ,Chief EM & Asian equity strategist,JPMorgan

Latest Updates RBI steps in as Re hits record low of 58.98 The rupee still closed 24 paise lower at 58.39 compared to yesterday's close, extending losses for fifth straight day... Govt unshaken by rupee's plunge to record low Indian economy is in better shape to handle a depreciation than it was when the currency last hit the buffers a year ... No additional steps to curb gold imports: FinMin Government is not contemplating additional measures to curb gold imports which are expected to drop substantially thi... Govt, RBI, Sebi to take steps at right time: Rajan Raghuram Rajan said that the depreciation in rupee is mainly on account of outflow of FII funds from debt instruments...

Market Watch 11 Jun | 06:38PM SENSEX 19143.00↓-298.07 NIFTY 5788.80↓-89.20 USD/INR 58.38↑0.23 GOLD (Rs/10g.) 27807.00↓-204.00

MARKET NEWS Sensex at nearly 2-month low; slumps 298 points on weak Re The BSE benchmark Sensex today fell by a staggering 298.07 points to close at its lowest level in nearly two months.... BNP Paribas sees Sensex hitting 21,300 despite 'ghastly macros' Despite terrible macros and political uncertainty, BNP Paribas sees S&P BSE Sensex hitting 21,300 by December 2013 en...

Gainers Losers 11 Jun, 2013, 06:38PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Saboo Sodium Chloro Ltd. 10.80 20.00 1 10.80 10.80 Best & Crompton Engineering Ltd. 4.43 19.73 5 4.43 4.43 Pioneer Distilleries Ltd. 67.00 19.54 11 67.00 67.00

FEATURED SLIDESHOW Swarnim Sankul-I: Narendra Modi's Rs 150 crore office Apple's iOS 7: 10 amazing features of the operating software Dornier Do 17: German WWII bomber raised from water! Sony unveils PlayStation 4 console to take on Microsoft more slideshows

FROM THE NEWSPAPER Currency market: Why you don't need to panic on rupee hitting record low In a country where neither fiscal policy nor monetary policy stabilise the economy, floating exchange rate is our onl... Indian IT companies likely to pass on rupee gains to clients IT investors are cheering Re slide but analysts caution against assuming that all foreign exchange gains will become ... Winter's here to stay in the job market! Sectors that are holding back are banking, finance, retail, infra, power and real estate and IT while pharma, FMCG an... Ram to Hanuman: Advani's yatra from leader to rebel in last 8 years Advani was once eulogised as Ram for forsaking the crown for Vajpayee. Today, he may see himself as Bhishma, but the ... Won't bat for daughters on YES Bank Board: Rana Kapoor We had offered to discuss the name of Madhu Kapur’s nominee on July 24. Now, we have to see the dates, and advance th...

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