The Indian currency's Greek tragedy continued on Wednesday, as the rupee closed at a new all-time low of 54.5, marking a 22% fall already this year.

By ERIKA KINETZ (AP) MUMBAI, India - The Indian rupee hit a fresh all-time low against the dollar Wednesday, as risk averse global investors wary of India's twin deficits drowned out central bank efforts to stem the currency's slide.

As most of the Top B-schools conclude their respective final placement for the batch of 2010-12, MBAUniverse.com brings 5 mega trends that summarize placements this year.

By Jeanette Rodrigues on May 16, 2012 India's rupee fell to a record low as concern debt-stricken Greece will abandon the euro bolstered demand for dollars and curbed bids for emerging-market assets.

By Anant Vijay Kala Inflation in India accelerated in April as prices of most commodities rose, squeezing room for the central bank to ease monetary policy and support faltering growth.