Trade deficit widens 26 pc in first quarter
India's trade deficit increased by almost 26 per cent in the first quarter of the current fiscal at US $ 2,982.75 million despite a 27.65 per cent rise -- lower than the previous month -- in exports during the period at $ 10,194.34 million.



Rupee fall continues unabated
Currency closed at an all time low of 45.15/16, declining by another 15 paise against the US dollar on sustained dollar demand from corporates and foreign funds in an extremely volatile interbank foreign exchange (forex) market on Tuesday.



TCS launches software to tackle hackers
Tata Sons division Tata Consultancy Services (TCS) has floated a new business called Computer Security Consultancy Practice, that will design, develop and implement customised end-to-end computer security solutions.



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