Breaking News:

India PM rules out chance of return to 1991 crisis:

Wochit 0:55 mins

Prime Minister Manmohan Singh said there is "no question" of India going back to an economic crisis experienced in 1991, as its rupee currency is now linked to the market and foreign exchange reserves are adequate. The motorist group AAA said the national average price for a gallon of regular unleaded gasoline has increased one tenth of a cent to $3.542, marking the second consecutive increase. In BaFin's view, Deutsche Bank took too long to report some suspicious transactions to the police, possibly because the bank's internal alarm systems were not set up correctly, Welt am Sonntag reported, without citing its sources. The paper said BaFin is now looking at whether the problem is wider.

View Comments (3)