Some stuff I am reading this morning:
JP Morgan’s shock 2 Billion $ loss is taking down the markets (BusinessInsider)
A desperate RBI asks exporters to bring back their forex earnings (BusinessLine)
Promoters who have pledged the maximum shares (Moneycontrol)
Chidambaram defends his son over scam allegations (WSJ)
Exports may halve in FY2013 (Mint)
Jerry Rao goes deeper into budget housing (BusinessStandard)
RBI Watch:Monthly bulletin May 2012 (RBI)
How can you expect to ‘rely’ on Reliance? (GauravBlog)