US prosecutors say Burzaco, 50, along with Hugo Jinkis, 70, and his son Mariano Jinkis, 40, conspired to win and keep lucrative media rights contracts from regional football federations by paying tens of millions of dollars in bribes.
A strong set of industrial output numbers for January provided the perfect backdrop to reap more dividends, with the IIP having expanded 2.7 per cent year-on-year.
In 2014, the Supreme Court of India revoked the allocation of more than 200 coal blocks which were sold by the government
The amount you can raise via a gold loan is higher than you can get via a personal loan.
Some lenders in talks with LIC for pvt placement
In New York market, the dollar fell against euro late yesterday, as European Central Bank President Mario Draghi said that central bank officials had discussed quantitative easing as an option to fight falling inflation.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
'He is wily and has everything that a political leader needs to succeed at that level.' 'He would be outstanding as a counter to Modi in the Lok Sabha, if he had the Opposition benches behind him,' says Aakar Patel.
The intervention was spotted when the rupee hit 59.90 to the dollar or below
'It has a natural inclination to foster as much competition among civilian politicians as possible.'
Poor rain threatens recovery in production this season, sugar prices at three-month high
Patel is being questioned in connection with a money laundering probe related to losses suffered by Air India as part of an alleged multi-crore aviation scam.
India can be rated as among the best performing economies in the world
Forex dealers said besides increased selling of the American currency by exporters and banks, a higher opening in the domestic equity market and the dollar's weakness against other currencies overseas supported the rupee.
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
The deficit data was the latest in a run of positive signs for the sluggish domestic economy and could put India in a better position should the Fed start tapering, than in the summer when the rupee hit a record low.
The onshore yuan trading band is tightly controlled.
A summary of sports events and sports persons, who made news on Wednesday
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
He is accused of multi-year visa fraud, involving forged and fraudulent documents to get visas such as H1B for over 200 foreign workers.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.
China criticised western attempts to "demonise" the BRICS.
Six football officials were arrested in Zurich early upon request from US authorities, suspected of receiving bribes worth millions of dollars, Swiss authorities said.
At a time when the whole world is going ga-ga over stocks and debt is too easy to borrow, do not forget gold, says Anil Rego.
Units employing up to 49 workers are not required to list themselves with the government.
.jpg)
The rupee is set to breach the Rs 60-a-dollar mark again this week as the Street expects foreign institutional investors to continue pulling out of domestic markets. According to the street, this would result in government bond yields rising.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances