Indians Planet

FRANKFURT/MADRID (Reuters) - The European Central Bank warned on Monday that euro zone banks face up to 195 billion euros in a "second wave" of potential loan losses over the next 18 months due to the financial crisis, and disclosed it had increased purchases of euro zone government bonds....

VENICE, La. (Reuters) - Oil from BP's out-of-control Gulf of Mexico oil spill could threaten the Mississippi and Alabama coasts this week, U.S. forecasters said on Monday, as public anger surged over the country's worst environmental disaster. ...

NEW DELHI (Reuters) - Vodafone said on Monday it had received an order from Indian tax authorities saying they had jurisdiction to proceed against it in a long-running tax dispute.

FRANKFURT (Reuters) - Euro zone economic growth is expected to pick up next year even taking fiscal belt-tightening into account, European Central Bank Vice-President Lucas Papademos said on Monday.

SAO PAULO (Reuters) - Advanced economies face years of anaemic growth and the risk of a double-dip recession as their citizens cope with sluggish employment and highly indebted governments, economist Nouriel Roubini said on Monday.

MUMBAI (Reuters) - The rupee erased its intraday losses on Monday as local shares reversed falls to gain on the day after official data showed economic growth in the March quarter was broadly in line with market expectations. ...

MUMBAI (Reuters) - India gold futures may extend gains for a second consecutive week as euro zone economic stablity could trigger safe-haven buying overseas, but slack local offtake could limit the upside, analysts said.

NEW DELHI (Reuters) - India's economy grew at its fastest in six months in the quarter through March thanks to government and consumer spending, which was roughly in line with expectations and likely to keep the Reserve Bank on its path of gradual monetary tightening. ...

MUMBAI (Reuters) – The BSE Sensex ended 0.5 percent higher on Monday, bolstered by data that showed the economy grew at its fastest rate in six months in the March quarter, with shares in energy major Reliance Industries leading the gains. ...

NEW DELHI (Reuters) - Domestic fund managers plan to retain or increase their exposure to stocks over the next three months, while auto companies and financials will be their top bets, a Reuters poll showed.