Indian stocks sink to the lowest level recorded in the last 14 months. According to the reports, this fall related to the global economy may break into recession even as accelerating inflation suggest the central bank to extend rate increases. Sources reveals that, India's most valuable company, the Reliance Industries Ltd. (RIL) dropped to its lowest price level since April 2009. While Larsen & Toubro Ltd. (L&T), the largest engineering company, slid to 4.2% and Tata Motors Ltd. (TTMT), the biggest truck manufacturers, declined to 3.2%... Read More>>>>
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