Rupee overvalued, should trade at 70/dollar: Rajwade Currency expert, AV Rajwade told NDTV that an exchange rate of 60/dollar is not sustainable as India's export growth has fallen steadily over the last few months
Japan's NTT Docomo to exit Indian market: report Operating under Tata DoCoMo brand, the TTSL joint venture had 63 mn mobile customers at the end of March, ranking No.7 in the crowded Indian market.
Monsoon seen below normal this year: Meteorological Department Rainfall is expected to be 95% of the long-term average, with a margin for error of ±5%, during June-September, the government's weather office said.
• No need to press panic button yet, say experts

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