MUMBAI (Reuters) – The Reserve Bank of India has barred banks from levying foreclosure charges on individual borrowers for all floating rate loans with immediate effect, it said in a release on Wednesday.
TOKYO (Reuters) – Japan’s Nikkei share average tumbled 2.9 percent to a three-week low on Wednesday, posting its biggest daily drop since mid-March, as a stronger yen dragged down exporters and concerns about Ukraine curbed investors’ risk appetites.
BANGKOK (Reuters) – A Thai court found Prime Minister Yingluck Shinawatra guilty on Wednesday of violating the constitution and said she could no longer serve as caretaker premier, a decision likely to increase tensions in the bitterly divided nation.
NEW DELHI (Reuters) – India’s coal imports fell 6 percent in April from a year ago to 15.2 million tonnes, the first dip in three months, as power and steel producers used up stocks piled up in previous months, according to provisional data from research firm OreTeam.
GUWAHATI India (Reuters) – The police searched for 15 missing people on Wednesday after finding bodies of a baby girl and a woman floating down river from a national park in Assam where Muslim villagers were killed in a massacre that has marred India’s general election.
SYDNEY (Reuters) – Scientists have discovered a new strain of avian flu in the Antarctic, after testing a group of Adélie penguins, according to an Australian-based researcher.
AMETHI India (Reuters) – At a shabby government health centre in the rural bastion of the ruling Nehru-Gandhi dynasty, mothers cradling sick babies sidestep dogs sleeping in unlit corridors.
SAN FRANCISCO (Reuters) – Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering (IPO) prospectus filed on Tuesday, the first step in what could be the largest technology debut in history.
Reuters Market Eye – Shares in Gujarat Pipavav Port Ltd rose as much as 18.5 percent to a record high of 106.45 rupees after the port operator reported a 72 percent surge in January-March net profit.
Reuters Market Eye – Shares in Titan Co Ltd gain 1.4 percent to 275 rupees, adding to Tuesday’s gain of 3.5 percent, after the jewellery company’s January-March profit rose a stronger-than-expected 11.3 percent.