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RBI chief sees scope to cut interest rates in 2012 Source: ibnlive | 31 Jul 2012 11:59:34 PM | View (40) The Reserve Bank of India has scope to cut interest rates during this calendar year, Governor Duvvuri Subbarao said in a news conference after the central banks policy review, though he declined to elaborate further.

Business News Phaneesh Murthy to be sued for sexually harassing iGATE employee 23 May 2013 12:59:58 PM Sacked iGATE Corp Chief Executive Phaneesh Murthy will be sued for sexually harassing the firms investor relations head and allegedly making her pregnant, the law firm representing the victim said on Thursday. The California-based law firm, Aiman-Smit. Rupee at new 6-month low at 55.83 Rupee down 37 paise against dollar in early trade Sensex opens lower, rupee hits six-month low GM recalls more than 27,000 Cadillac crossover vehicles Morgan Stanley resumes United Spirits at overweight Sensex up 90 HCL Tech, Coal India, Infosys top gainers