Business
September inflation moves closer to 8 per cent
Wholesale price index rose a faster-than-expected 7.81 per cent in September, mainly driven by higher fuel prices.
Kingfisher to hold meeting with employees' representatives
Beleaguered Kingfisher airlines has declared a lockout till October 20 over non-payment of salaries.
Rajat Gupta gets sentencing support from Gates
Bill Gates and Kofi Annan are asking a US judge to show fairness when he sentences the former Goldman Sachs Group Inc board member.
ICICI Bank cuts home, auto loans rates
While home loan rates have been cut by one percentage point, the rates on auto loan have been slashed by 0.75 percentage point.
Kingfisher Airlines CEO urges staff to return to work
The carrier has until the end of next week to explain to the government why it should not be shut.
Separate air accident bureau will probe accidents: Ajit Singh
The Civil Aviation Minister also promised air connectivity to interior areas and the North East as well.
Banks will release funds to Kingfisher: SBI
According to sources, bankers after an emergency meeting on Thursday had agreed to release funds up to Rs 60 crore for the carrier.
Rupee at a new high as govt pushes for more reforms
This has sparked a rally in stocks that is expected to attract more foreign investor inflows.
FDI decision helped rupee to bounce back: RBI
The RBI Deputy Governor also said the success of FDI in retail depends on how much India gets in the end.
Economic reforms not a one-off process, says PM
Some Congress allies in the United Progressive Alliance (UPA) government have expressed their reservations over the decisions.
India likely to miss 2012-13 deficit target: Poll
India's fiscal deficit is expected to rise to 5.8 per cent of gross domestic product (GDP), higher than the government's target of 5.1.
KFA owes Rs 60 cr in service tax outstandings
Kingfisher Airlines owes over Rs 7,000 crore to 17 banks in the long-term debt besides the income tax obligation.
IMG recommends de-allocation of 2 more coal blocks
The axe continues to fall on companies who have been allotted coal blocks, but have till now failed to operationalise them.
SBI cuts base rate by 0.25 per cent to 9.75 per cent
The bank took this decision in its asset liability committee meeting concluded late on Tuesday evening.
Rupee at four-month high of 54.01
The rupee on Monday surged to 53.66 a dollar on robust capital inflows but pared some gains to close at 54.01.
Why RBI chose not to cut policy rate and instead ease CRR
By keeping the repo rate unchanged at 25 basis points, the RBI has made it clear that it is more worried about curbing inflation.
