A ministerial panel on telecom has  recommended a 30 per cent cut in base price for 2G spectrum in four circles ... The Maldives government has given a comfort letter to Indian Overseas Bank, which has USD 25- million exposure to GMR Group's ... Tata group chairman Ratan Tata  has said that a lack of government support was preventing Indian industry from competing with China ... Market regulator Sebi has directed MPS Greenery Developers Ltd to close its Collective Investment Schemes and refund the investors within one ... The rupee failed to maintain initial gains against the dollar in late morning deals on Friday and was quoted lower by ... Economic growth throughout much of Asia will slow slightly this year and next, weighed down by weak export demand from major ... Prime Minister Manmohan Singh and Congress President Sonia Gandhi have been named among the top 20 most powerful persons in the ... The rupee on Thursday rose by 14 paise to 54.40 against the dollar in early trade at the Interbank Foreign Exchange ... The benchmark BSE Sensex washed out its initial gains and dropped by 148 points in the noon trade due to selling ... Credit Suisse has lowered India's financial growth forecast slightly to 5.9 per cent from 6 percent for the fiscal year ending ...