Rupee may slip further; trade deficit unsustainable: Federal Bank
The only ray of hope could be on the capital account inflows, says Ashutosh Khajuria, President–Treasury, Federal Bank.
Kingfisher Airlines seeks govt help, flight cancellations continue
The airline has suffered a loss of Rs 1,027 cr and has a mounting debt of Rs 7057.08 cr. Its stocks plummeted by over 19% but recovered slightly later.
2G scam: Former bureaucrats come out in support of CAG
Supporting the CA G on the loss figure in the 2G spectrum allocation, a group of former bureaucrats accused the politicians of undermining the institution.
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