Telecom/Mobile News Headlines | Tech News – Yahoo! India News: Sensex at 3-week closing low; Bharti Airtel drops

Telecom/Mobile News Headlines | Tech News – Yahoo! India News Latest telecom/mobile news headlines from Yahoo! India News. Top stories & Telecom/Mobile news articles, videos, photos from India & around the world.

Sensex at 3-week closing low; Bharti Airtel drops Dec 15th 2011, 10:57 MUMBAI (Reuters) - The BSE Sensex skidded to its lowest close in nearly three weeks on Thursday as investors fled riskier assets on concerns about worsening near-term outlook for the domestic and global economies. A slumping rupee heightened the prospect of more pain for companies with large foreign debt and kept the pressure on inflation, which has remained above 9 percent for a year. Finance Minister Pranab Mukherjee said on Thursday India would need to take new policy initiatives to revive slowing growth and control inflation as fiscal and monetary options were increasingly limited. ...

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