By Lesley Wroughton UNITED NATIONS (Reuters) - World leaders recommitted themselves to reducing global poverty, pledging an estimated $16 billion in aid, but France said rich countries were strapped by a spreading crisis in financial markets. While...
Pressing urgently for a massive financial bailout, President Bush says the nation faces a "long and painful recession" if Congress fails to act. He says "our entire economy is in danger."
By Swati Bhat MUMBAI (Reuters) - The rupee is expected to recover from recent two-year lows in coming months, aided by the Reserve Bank of India (RBI), but will still finish 2008 more than 13 percent below where it started, a Reuters poll...
MUMBAI, Sept 16 (Reuters) - The Indian rupee fell to its lowest since July 2006 on Tuesday, hit by concerns about capital outflows from the local share market, offsetting dollar sales by state banks to halt the rupee's fall. * At 2:10 p.m. (0840...
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