Indians Planet

RACINE, Wis. (Reuters) - U.S. President Barack Obama on Wednesday maintained pressure on China to ensure its currency policy did not give it an unfair export advantage.

NEW YORK (Reuters) - From a legal perspective, BP's Deepwater Horizon blowout and the 1989 grounding of the Exxon Valdez are in many respects night and day.

DETROIT (Reuters) - Ford Motor Co said it was paying $3.8 billion in cash to settle a debt to a health care trust in a signal of its confidence it remains on track to deliver "solid profits" this year. ...

WASHINGTON (Reuters) - The much-maligned former head of the American International Group unit which drove the insurer to the brink of collapse, broke a long silence on Wednesday to defend his aggressive buildup of risky mortgage-linked securities. ...

NEW DELHI (Reuters) - The government has ordered a new panel to investigate if Vedanta Resources Plc's plans to mine bauxite could impact local tribes and wildlife, possibly further delaying a project already running about two years late. ...

MUMBAI (Reuters) - Private-sector lender HDFC Bank has fixed the base rate for loans at 7.25 percent as part of a new rule that requires banks to set their minimum lending rates, Executive Director Paresh Sukthankar said on Wednesday. ...

MUMBAI/NEW DELHI (Reuters) - If India's cellular revolution is a boon to consumers, it has become a nightmare for operators that is likely to get worse before it gets better.

MUMBAI/TOKYO (Reuters) - Sumitomo Mitsui Financial Group will buy a 4.5 percent stake in Kotak Mahindra Bank for $296 million, as Japan's No. 3 bank steps up efforts to expand overseas.

SINGAPORE (Reuters) - Asian stocks fell on Wednesday and ended the second quarter with their worst performance since the collapse of Lehman Brothers as investors got out of shares and high-yielding currencies on concerns over bank funding in Europe. ...

MUMBAI (Reuters) - State-run Bank of Baroda said on Wednesday it has fixed the base lending rate at 8 percent per annum effective July 1.