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Asian currencies slide on high anxiety ahead of Fed meeting

MUMBAI (Reuters) - The Indian rupee approached a record low while other Asian currencies also fell, reflecting the high stakes for regional policymakers should the Federal Reserve end a period of easy money that had boosted markets from Jakarta to Mumbai.Full story

Cheap foreign loans spur India's outbound M&A march

MUMBAI/HONG KONG (Reuters) - Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state. Full story

Ranbaxy eyes U.S. drug launches with sales exclusivity

MUMBAI (Reuters) - Ranbaxy Laboratories, India's No.1 drugmaker by sales, plans to file three to four generic drug applications every year that can earn it a six-month marketing exclusivity in the United States, the company's chief executive said on Thursday. Full story

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Articles

5 die, 5 feared trapped in India building collapse

Sweden's Meda sale talks founder on valuation: source

No more Mr. Nice Guy: Indian bankers suit up for war on debt defaulters

Vinegar screening helps cut cervical cancer deaths in India: study

Under pressure Infosys recalls Narayana Murthy as chairman

Ranbaxy slumps after Daiichi Sankyo says was misled

After ATM heist, India's IT sector again in unwelcome spotlight

World Chefs: From food cart to restaurant empire for Thai 'Chef Ian'

ElectraCard: data in fraud compromised outside its environment

Insight: "Speed money" puts the brakes on India's retail growth

Video

  Five killed in Mumbai building collapse

At least five people were killed after a portion of a four-story residential building collapsed in Mumbai, India. NBCNews.com's Dara Brown reports.

  Pakistan’s lead prosecutor in Bhutto assassination case killed

The Pakistani prosecutor investigating the assassination of the country's former Prime Minister, Benazir Bhutto, has been shot and killed.  Chaudry Zulfikar Ali had also been involved in the investigation into the Mumbai massacre in 2008. His killing comes at a tense time as Pakistan prepares for na

  Building collapses in India, 41 dead, dozens missing

At least 41 people are dead after a building collapsed in Mumbai, India, with dozens more missing in the rubble. The building was under construction when it collapsed. Families had moved into the unfinished structure.

  Wall collapse kills five people in Mumbai

Five people were killed after a wall of a house collapsed due to an explosion in a chemical factory compound in Mumbai, India. NBCNews.com's Dara Brown reports.

  Fire leaves hundreds homeless in Mumbai

At least six people were killed when fire swept through a Mumbai neighborhood that destroyed more than 50 homes. NBCNews.com's Dara Brown reports.

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An Indian staff member, foreground, of central telegraph office dispatches telegrams in Mumbai, India, Friday, June 14, 2013. The state-run telecom firm Bharat Sanchar Nigam Limited has decided to discontinue the 160-year-old telegram service from July 15, 2013 in India once a source of quick and u

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Indian Rupee notes are seen in this picture illustration taken in Mumbai

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