The Financial Express: Most Read Stories on Tuesday

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SummaryHere are some of the most read stories on The Financial Express.

NRI deposits pick up as Indian rupee falls against US dollar, banks hike rates

Recent fall in Indian rupee and subsequent hike in interest rates offered on non-resident deposits by several banks have led to a considerable pick-up in the flow of non-resident Indian (NRI) deposits, say bankers Read More...

Maruti Suzuki WagonR 'Stingray': A perfect '10'

Maruti Suzuki has unveiled its latest offering in the form of the WagonR 'Stingray'. While the boxy car has been a perennial favourite, we list here 10 points of appeal that the 'Stingray' flaunts. Read More...

Nokia Lumia 1020 takes Samsung Galaxy S4 for a ride

Microsoft Windows phone still has a lot to overcome if it ever wants to get close to what companies hitchhiking on Android are doing in this space, but the folks at Nokia just don't believe that and they have a picture to back it up too! The 'truth' according to Nokia, is that the tremendously popular Samsung Galaxy S4, a shining flagship for Android, was put in the shade by the Lumia 1020. The 'news' has made for a massive buzz on Twitter. What are we talking about? Read More...

NSEL board blames former management for payment crisis

The board of the National Spot Exchange (NSEL) has all but washed its hands of the Rs 5,600-crore payments crisis on the bourse and has sought to pin the blame on former Anjani Sinha and his management team. Soon after the crisis came to light, NSEL vice-chairman Jignesh Shah and director Joseph Massey, appeared before the Forward Markets Commission (FMC) and suggested the possibility of a big shortfall in stocks that then CEO Anjani Sinha had said existed in warehouses as security against transactions on the exchange Read More...

Indian rupee tumbles past Rs 68-mark on India downgrade fears

The Indian rupee dropped sharply below 68 against the US dollar on persistent demand from banks and importers on the back of a firm American currency overseas amidst sudden fall in equity markets.

The Indian rupee resumed lower at 66.29 per dollar as against the last closing level of 66.00 per dollar at the Interbank Foreign Exchange (Forex) Market and dropped further to a low of 66.90 per dollar earlier in morning. Read More...

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