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  EU-Latin America summit voices concern over food prices (17 May 09:20)
EU-LAC summit stressed in its final declaration in Lima that participants were "deeply concerned by the impact of increased food prices.
  Bush fails to win Saudi help on gas prices (17 May 07:21)
President Bush failed to win the help he sought from Saudi Arabia to relieve skyrocketing American gas prices on Friday, a setback for the former Texa
  Now, airports to operate 24 hours (17 May 07:21)
Airports at major metros are becoming operational 24 hours with more daylight flights being introduced by global carriers following the government's i
  PM pledges Rs 100 bn economic partnership with Bhutan (17 May 05:22)
Indian Prime Minister Manmohan Singh has pledged Rs.100 billion ($2.5 bn) over the next five years as part of a package of economic engagement with Bh
  GRUH Finance expands its reach (17 May 05:22)
GRUH Finance Limited, a housing finance company and a subsidiary of HDFC Ltd, has expanded its reach to two more states and is aiming to achieve disbu
  Art reproduction is a big biz in China (17 May 05:21)
At a time when art graduates have outnumbered available job opportunities in China, a few businessmen have been harnessing the country's massive reser
  Equity MF inflow hits a new low (17 May 05:21)
There are no safe bets in a volatile market not even mutual funds as retail investors are shying away from the equity markets and the latest data clea
  Gold spurts by Rs 350 on high oil prices (17 May 03:22)
Gold prices today rose by Rs 250 to Rs 12,310 per 10 grams on the bullion market in New Delhi on aggressive buying by traders triggered by reports of
  Rupee recovers to 42.54 against US dollar (17 May 01:21)
Slow-down in dollar buying by oil refiners helped the rupee to recover smartly by 17 paise to 41.58/59 against the US currency in late morning deals.
  Oil firms say no to new LPG connections (17 May 01:21)
Faced with a whopping Rs 200,000 crore revenue loss on fuel sales this fiscal, state-run oil firms have decided not to issue new domestic LPG connecti
  Tata Motors launches eco-friendly Indica model (17 May 01:21)
Homegrown major Tata Motors on Friday announced it has launched a new variant of its hatchback 'Indica', equipped with a dual fuel engine for petrol
  Rising inflation a concern: Chidambaram (16 May 11:22)
Finance Minister P Chidambaram has expressed concern as India's wholesale inflation hit a whopping 7.83 per cent for the week ended May 3 compared to
  Blackberry solution in a month, says Raja (16 May 11:22)
Canada's smartphone company Research-in-Motion has assured the government that in a month it will come up with a solution that will enable Department
  Gold spurts by Rs 250 on firm global cues (16 May 11:22)
Gold prices today rose by Rs 250 to Rs 12,310 per 10 grams on the bullion market in New Delhi on aggressive buying by traders triggered by reports of
  Bank of India's net profit up 76% for FY'08 (16 May 11:22)
Bank of India on Friday announced a consolidated net profit of Rs 19.59 billion during the fiscal year 2008 compared to Rs 11.08 billion for the year
  Markets close firm; metals shine (16 May 09:28)
Markets closed firm on Friday with the Sensex gaining 0.5 per cent or 81 points. It closed at 17,434 levels.
  Inflation advances to 7.83% (16 May 07:23)
Inflation rose to near 44-month high of 7.83 per cent for the week ended May 3, against 7.61 per cent in the previous week.
  Rupee recovers by 17 paise (16 May 07:23)
Slow-down in dollar buying by oil refiners helped the rupee to recover smartly by 17 paise to 41.58/59 against the US currency in late morning deals.
  Reliance Infra dilutes 5% stake in pre-IPO placement (16 May 05:21)
Anil Ambani group company Reliance Infratel is diluting 5 per cent stake to a clutch of American and European investors in a pre-IPO placement.
  Oil prices dip after soaring close to record highs (16 May 03:45)
Oil prices declined after soaring close to record highs in volatile trade stoked by concerns about stretched global energy supplies.
  IMF chief says worst of financial crisis is over (16 May 03:45)
The worst of the financial sector crisis is over although the impact on the broader economy will likely drag on in coming months.
  RBI relaxes lending norms for housing loans (16 May 03:43)
Reserve Bank on Thursday relaxed the risk provisioning norm for housing loan up to Rs 30 lakh, a move that would make it easier for banks to provide l
  India slips in competitiveness ranking; US remains at top (16 May 01:48)
India has become a less competitive economy in the past one year, with the country slipping two ranks in the latest world's competitiveness index.
  Gold recovers, silver slips further (16 May 01:48)
Gold prices recovered on the bullion market in Mumbai on Thursday on renewed demand from stockists coupled with positive advices from Hong Kong, while
  Rupee tumbles by 31 paise (16 May 01:48)
Heavy buying in dollar at the fag end of trading pushed rupee lower by 31 paise to 42.75/76 against the greenback, extending losses for the fourth suc
  India's growth robust, irreversible: World Bank (16 May 01:48)
India's growth, despite current crisis of spiraling inflation, was robust and irreversible, a top World Bank official said in Mumbai on Thursday.
  Bharti woos MTN with top post offer (15 May 11:47)
In a bid to swing the deal for acquiring South African telecom giant MTN, Bharti is believed to have proposed the chairmanship of new entity to Matame
  US body nod to four Zydus Cadilla drugs (15 May 11:47)
The US Food and Drug Administration has granted approval to four drugs manufactured by the Gujarat-based pharmaceutical Zydus Cadilla.
  Markets end strong; cap goods, realty gain (15 May 11:47)
Markets closed firm on Thursday with the Sensex gaining 2.21 per cent or 375 points. It closed at 17353 levels.
  No proposal received on steel duty: FM (15 May 11:47)
Finance Minister P Chidambaram on Thursday said his ministry has not received any proposal from the Steel Ministry on the issue.
  Markets firm in noon trade (15 May 09:39)
Markets are trading firm in the noon deals of Thursday with the Sensex gaining 1.3 per cent or 217 points. It is trading at 17,195 levels.
  India's core infra growth at 9.6% (15 May 09:39)
India's core infrastructure industries grew by 9.6 per cent in March 2008, against 10.5 per cent in the same period previous year, but the decline in
  No proposal to Finance Ministry on export duty roll back (15 May 09:39)
Finance Minister P Chidambaram on Thursday said his ministry has not received any proposal from the Steel Ministry on the issue.
  Rupee recovers by 10 paise (15 May 07:52)
The rupee recovered marginally on Thursday by 10 paise to 42.34/35 against the greenback in late morning deals on firm equity markets and some dollar
  Lafarge buys L&T's RMC business for Rs 1,480 cr (15 May 07:52)
Engineering and construction major Larsen and Toubro on Thursday said it has sold its ready-mix concrete (RMC) business to Lafarge India for Rs 1,480
  Sensex breaches 17K mark (15 May 05:36)
Markets are trading firm in the early deals of Thursday with the Sensex gaining 0.8 per cent or 138 points. It is trading at 17,116 levels.
  Oil prices recede as US crude stocks rise (15 May 05:36)
Oil prices fell heavily as traders reacted to an increase in US crude stocks and as profit taking occurred a day after prices struck a record high.
  US stocks rise on inflation data (15 May 05:36)
US stocks rallied on Wednesday after government data showed consumer prices had risen less than expected.
  Finnair mulls alliance in India (15 May 05:36)
Nordic airline Finnair is in talks with leading airlines in India for a partnership in order to strengthen its position in the local market.
  Mercator Lines sitting on large coal reserves (15 May 05:22)
You know Mercator Lines as a leading Indian shipping company but now they are reworking their business strategy and are focusing on coal mining in Moz
  Cement firms agree to slash prices (15 May 03:25)
Within days of steel industry announcing price cut, cement companies on Wednesday agreed to cut rates by Rs 3-7.5 per bag of 50 kg with immediate effe
  Asian economies holding up: Merrill Lynch (15 May 01:21)
Asia's strong economic growth will persist despite an ailing US economy as the region diversifies its export markets and a new breed of young and weal
  Rupee falls to 13-month low against dollar (15 May 01:21)
Rupee on Wednesday tumbled by another 34 paise to a fresh 13-month low of 42.44/45 against the US currency following good demand for dollar, mainly fr
  Govt not sacrificing growth to cool prices: Montek (15 May 01:21)
Dismissing fears that the government was sacrificing growth to check price rise, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesd
  Secondary steelmakers to cut prices (15 May 01:21)
Secondary steelmakers such as Bhushan Steel and National Steel on Wednesday announced up to Rs 4,000 per tonne cut on all flat products, toeing the li
  M&M refuses to confirm Kinetic buyout plans (15 May 01:21)
Two-wheeler maker Kinetic Motor' shares on Wednesday soared nearly 5 per cent, the maximum permissible limit, amid reports about a possible buyout by
  Gold turns weak on lower global cues (15 May 01:21)
Gold prices fell by Rs 65 at Rs 12,060 per ten grams on the bullion market on Wednesday on selling by stockists influenced by weakening global trend.
  Sensex up 225 points; metals shine (14 May 11:37)
Markets closed firm on Wednesday with the Sensex gaining 1.4 per cent or 225 points. It closed at 16, 978 levels.
  PNB confident of 20% growth (14 May 09:23)
Punjab National Bank on Wednesday said it is confident of achieving the targeted 20 per cent growth in net profit for 2007-08.
  Oil prices slightly higher (14 May 09:23)
Crude oil prices were slightly higher in Asian trade on Wednesday despite a forecast for slower energy demand growth, analysts said.
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