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10 Things You Need To Know This Morning

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Good morning. Here's what you need to know.

  • Asian markets were mostly lower in overnight trading with the BSE down 1.19 percent after India unveiled its budget for 2012/2013. Europe is modestly higher and U.S. futures are flat.
  • Richmond Fed Reserve president Jeffery Lacker said he disagreed with the central bank's decision this week to hold interest rates near zero until 2014. He said rate hikes are needed in 2013. Lacker said rates need to rise to keep inflation in check.
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More From Business Insider

Quiz: How well do you know India's economy?

Question 1

Which of these products is India the world's largest producer of?

Poll Choice Options
  • Wheat
  • Rice
  • Milk
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Latest News

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    Hyderabad, April 24 (IANS) Infotech enterprises, a Hyderabad-based engineering solutions provider, Thursday said its net profit during 2013-14 stood at Rs.266 crore, an increase of 15 percent over last fiscal. Infotech chairman B.V.R. Mohan Reddy told reporters that the firm registered a revenue of Rs.595 crore in the quarter ended March 31, a growth of 28 percent year-on-year. We are very confident that this momentum will continue during the current financial year (FY 2014-15)," said Mohan …

  • India may witness below normal monsoon rainfall

    New Delhi, April 24 (IANS) India is likely to witness below average monsoon rainfall in 2014 that will affect farm output and economic growth, the government's weather office said Thursday. Rainfall during the 2014 monsoon season (June to September) averaged over the country as a whole is likely to be 88 percent with a margin for error of plus or minus five percent of long period average, according to data released by the India Meteorological Department and Earth System Science Organization …

  • 69 percent cyber attacks targeted at large companies in India: Report

    New Delhi, April 24 (IANS) Despite stepped up information security measures, businesses in India continue to be an attractive target for cybercriminals with as many as 69 percent targeted attacks being focused on large enterprises, a report said here Thursday. In India, cyber criminals are unrelenting in their focus on large enterprises with a staggering 69 percent targeted attacks carried out against them. "Despite stepping up their information security measures, businesses in India continue …

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  • Air India seeks to lease 14 Airbus A320 aircraft

    Air India Ltd [AIN.UL] is seeking to lease 14 Airbus A320 aircraft, according to a tender document posted on the state-run carrier's website. Air India has asked for bids for up to six-year-old A320 aircraft ... …

IN-DEPTH ANALYSIS & INTERVIEWS

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  • Appy Voting

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