
Star economist takes helm of India's central bank
Economy 19:00 04/09/2013Rajan, a former IMF chief economist, replaced Duvvuri Subbarao as governor of the Reserve Bank of India (RBI), which has been battling to prop up the plummeting rupee and reverse a sharp economic slowdown.

Indian rupee hits new low despite central bank moves
Economy 22:00 21/08/2013The rupee declined from its previous low of 64.13 reached on Tuesday.