Business

Mallya said the overall mood of the Indian consumer remains subdued, while rupee depreciation is taking its toll on an already sluggish economy.

Indian IT industry had expressed concerns over the visa restrictions set out in the US Immigration Reform Bill that could hit their business hard.

Industry experts say investment in additional units is not worthwhile when capacity utilisation of steel plants has fallen across the world.

Subbarao referred to a lot of media coverage on policy differences between the government and the Reserve Bank and the issue of autonomy and accountability.

The rupee breached the 68-mark on Wednesday to close at an all-time low of 68.72 against the US dollar.

SEBI has to recover about Rs 120 crore from more than 1,300 entities that have defaulted on payment of penalties imposed on them by the regulator.

The CBI told the court that it was not dropping Tina Ambani as a prosecution witness as Anil Ambani has not supported its case.

Metals, Oil and Gas are taking the market higher with some support from the auto and pharma stocks.

In an attempt to get an interim order for exempting Ambani from appearing in the case, Reliance Telecom Ltd had made an oral plea in the SC.

The policymakers are struggling to defend the currency in a slowing economy and a toughening global investment environment.

Indian drugmakers mostly specialise in manufacturing of generic versions of innovative drugs at a fraction of cost after their patent expiry.

The CBI had moved a petition seeking cancellation of Chandra's bail in the 2G spectrum allocation case.

The Sahara group, which had time until February to make the full refund, has so far paid only 5,129 crore.

He said India imported 845 tonnes of gold in 2012-13 for which the nation had to shell out USD 50 billion in foreign exchange.

The National Stock Exchange index fell by 54.55 points or 0.93 per cent, to close at 5,831.65.

Sun Pharmaceutical Industries (SUN.NS) ended 3.7 percent lower after hitting its all-time high on Thursday.