The Indian rupee has plummeted to a record low as the soaring oil price and internal economic problems continue to derail growth.
The Indian currency plunged 3.7% in a single day, its largest one-day percentage fall in 18 years, to as low as 68.7 rupees per dollar. The currency is headed for its worst annual loss since a balance...
Zero-tolerance approach to ailing companies
There are some long-standing practices in the asset management industry which are clearly ripe for review. However, removing past performance data from key funds documents appears a dangerous step and one likely to create worse outcomes for consumers.
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