Business
Drought could delay fuel reforms: Ahluwalia
Ahluwalia said the government may have to spend more in rural areas to shore up incomes if the rains do not pick up in coming weeks.
No move to ban banks from selling gold coins: RBI
The RBI brass has been harping against obsession with gold and also called for a social and cultural change to reduce demand for gold.
Wal-Mart, others seek US govt help on India plans
Wal-Mart has been lobbying among the US lawmakers since 2007 to garner support for its plans to enter India.
Sensex sees biggest fall in 2-month, ends 281 pts down
The BSE benchmark declined 1.64 per cent to close at 16,877.35 and the NSE benchmark was down 87.15 points to 5,117.95.
Maruti violence will not affect industrial environment: CII
Violence at a Maruti plant at Manesar claimed the life of a senior company official.
FDI in retail may be a reality by Aug 15: Sources
Just days after Barack Obama pushed him on reforms, the Prime Minister has started taking steps to speed up project clearances.
Maruti Suzuki tumbles over 8 pc in morning trade
Shares of the company opened at a weak note and then fell as much as eight per cent to an early low of Rs 1,126.70 on the BSE.
June inflation slows to 7.25 per cent
The annual reading for April was upwardly revised to 7.5 pc from 7.23 pc, the government said in its release.
ONGC surpasses TCS to become most-valued firm
ONGC on Monday became the country's most-valued company with market capitalisation of over Rs 2.42 lakh crore.
Infosys Q1 net falls 1.16 pc vs previous quarter
Net profit was lower than analysts' expectations of Rs 2,448 crore during the same quarter.
Three bank accounts of Essar Oil frozen
The accounts were frozen following High Court directives to expedite recovery of over Rs 8,000 crore in sales tax dues.
'India's imports will rise faster than exports'
According to HSBC, the country's imports will grow at an average of seven per cent annually over the next five years.
Firms see India third most-favoured destination: UN
Foreign direct investment (FDI) flows into India leapt 30 per cent to nearly $32 billion in 2011.
Rupee snaps rising streak, down 23 paise
The rupee declined to Rs 54.61 against the dollar in early trade on Wednesday on the Interbank Foreign Exchange.
No dilution in recent policy decisions: Basu
Kaushik Basu's comments come amid the PMO seeking clarifications from the Finance Ministry on tax matters.
Eurozone agrees on bank supervision, bond support
The euro surged on that news and was last up 1.1 per cent on the day at USD 1.2581. The S&P futures also rallied, up nearly 1 per cent.