Japan's economy buffeted by rising bad loans, falling property values
Bad bank loans are rising and property values are still falling a decade after Japan's economic bubble burst, forming fierce headwinds for the world's second-largest economy to overcome in the months ahead.

Nedungadi Bank to focus on specialised banking, distribute insurance products
The Kerala-based Nedungadi Bank will focus on specialised banking and will also get into the field of insurance distribution. This plan is as per the business planning and restructuring initative taken up by the bank with Pricewaterhouse Coopers (PwC) and will be chalked out over the next five years.

Euro struggles in the face of dollar's rise
The euro was struggling to keep above this week's 10-day lows against the dollar on Tuesday, as the US currency continued to be favoured by optimism about the US economic outlook in the wake of strong growth data.


  Dollar on the rise against yen on rate rise hopes
  Market round-up
  Bank of Rajasthan Q1 net zooms 550%to Rs 12 cr
  Centurion Bank net shoots up 165% to Rs 12 cr in Q1
  Fiscal deficit down to Rs 25,073cr during Q1
  Plans to develop Cuddalore port put on backburner
  63% of urbanites have single bread winner
  IGAAP, Bankruptcy Act draft report soon
  MP rural roads development authority soon, says CM
  CITU blocks path between SAIL and profits
  PM to inaugurate Delhi-Chandigarh optical fibre network
  Arun Shouries assures transparency in disinvestment of public sector units
  Rupee plunges to a new low of 45.15
  Trade deficit rises to $3 bn in April-June
  Centre plans tariff cover for auto-ancillary units
  Executive briefing
  Peerless opens VRS to survive in `competitive environment'
  I-T mop-up likely to be Rs 72,000 cr this fiscal