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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. |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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. |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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 |
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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. |
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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 |
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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 |
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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. |
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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 |
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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. |
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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. |
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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. |
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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. |
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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 |
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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. |
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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 |
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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 |
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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. |
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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. |
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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. |
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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. |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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. |
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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. |
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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. |
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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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