Rupee Tumbles Short of 'Psychological 55' at Record Low of 54.99 to Dollar

Indian currency took another beating on Monday, sinking to a record low of 54.99 against the US dollar in the late afternoon trade session. The rupee stood at 54.96/97 to the dollar at 4:26 p.m. (1056 GMT), and had earlier plunged to the key psychological level of 55 to the dollar, Reuters said. May 21, 2012

Pranab Mukherjee's Crackdown on Black Money; Tables White Paper in Parliament

Finance minister Pranab Mukherjee presented the much-anticipated "white paper on black money" at a Parliament session on Monday. Mukherjee's proposed move reflected an earlier promise made during his budget speech in the Lok Sabha where he said, I will try to give all the relevant and possible information". May 21, 2012

Presidential Polls 2012: Jayalalithaa, Patnaik Campaign For PA Sangma

It looks like former Lok Sabha Speaker PA Sangma's presidential race is slowly picking up the pace with AIADMK supremo and Tamil Nadu Chief Minister Jayalalithaa and Odisha Chief Minister Naveen Patnaik going all out to garner support from non-Congress political parties. May 21, 2012

Samsung Takes Pre-booking Orders For Galaxy S3 In India

The pre-booking orders for much-awaited Samsung Galaxy S3 are open in India on the company's product e-Store with assured gifts for the customers. Reportedly the pre-orders have crossed 9 million in few days worldwide. May 19, 2012