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The Standard and Poor's building in New York

India will take "corrective measures" after S&P downgrade
India will take "corrective measures", a Finance Ministry official said reacting to the rating agency Standard & Poor's downgrade of the country's outlook from stable to negative. The official, who declined to be named, did not elaborate on the measures. But Parliamentary Affairs Minister Pawan Kumar Bansal told reporters the government hoped to get lawmaker approval in the current session of parliament

Indian markets hit after S&P cuts country's outlook

Indian bond yields rose, while the rupee and stocks fell after ratings agency Standard & Poor's cut its outlook on the country to "negative" sparking fears it would lead to an actual ratings

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It's the credibility of Congress which is at stake now: Madhu Goud Yaskhi

Congress member of parliament from Telangana, Madhu Goud Yaskhi, is among the eight MPs suspended from the Lok Sabha for agitating for a separate state of Telangana. The former New

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Dunlop resumes trading, hits circuit with 20% gain

As Dunlop India resumed trading after two weeks, the shares of the ailing tyre maker rose 19.92 per cent to Rs 11.68 on the Bombay Stock Exchange after promoter Pawan Ruia Group’s plan to

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SP says it will continue to support govt even if TMC quits

New Delhi: With Trinamool Congress turning on the heat on the issue of rail fare hike, Samajwadi Party on Friday offered solace to the Congress, saying its outside support to the coalition will

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Akhilesh Yadav becomes UP's youngest CM

Lucknow: Akhilesh Yadav, who played a major role in revival of SP's fortunes in Uttar Pradesh and helped it get absolute majority, was today sworn in as the 33rd UP Chief Minister, along with 19

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