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Pressure on Indian rupee lessening, may gain 52-level Vs $ in 12months

  Mumbai:24.07.2013:Nibedita (O.B Bureau)The pressure on rupee is lessening with easing of inflation and improving growth trends and the local currency could appreciate to about 52 levels to the dollar in the next 12 months, a report by Goldman Sachs said today. “The rupee has been under pressure since mid-2011 due to weak economic fundamentals. Looking forward, we believe the ... Read More »

Indian headmistress tied to poisoned lunches arrested

Indian headmistress tied to poisoned lunches arrested   New Delhi  — The headmistress of the Indian school that authorities say served toxic lunches, killing 23 students, was arrested Wednesday, police said. Meena Kumari, 36, was taken into custody on her way to a court where she had gone to surrender herself, police Superintendent Sujeet Kumar told CNN. She will be ... Read More »

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