Oil rose to a fresh record high on Friday, hitting new peaks for the seventh trading day, as a weak dollar overshadowed an increase in US crude inventories. Source: Zee News : Business | 14 Mar 2008 | 12:06 pm
India`s central bank bought a record USD13.63 billion in intervention in January, when the rupee fell just short of a 10-year high against the dollar, its monthly bulletin showed. Source: Zee News : Business | 14 Mar 2008 | 12:06 pm
NEW DELHI (Reuters) - India is not considering banning Research In Motion's BlackBerry services at this point of time, the top official in the telecoms ministry said on Friday.
NEW DELHI (Reuters) - India is likely to meet a revised tax collection target of 5.83 trillion rupees for 2007/08 going by current trends, a junior finance minister said on Friday.
India will not ban the use of BlackBerry technology even as Bharti group chairman Sunil B Mittal hoped its security concerns will be addressed soon. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 10:38 am
NEW DELHI (Reuters) - Officials from the central government and mineral-rich states will meet in two weeks to try and hammer out an agreement on how royalties will be charged under a new mining policy, government and trade sources said on Friday.
Tata Teleservices today announced that they will offer penalty 'voluntarily' to their subscribers if the quality of their services was below standard. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 10:18 am
Gold buyers wait for prices to reverse Reuters India - 46 minutes ago MUMBAI (Reuters) - India's gold demand remained slack on Friday as buyers watched prices near $1000 an ounce and waited for dips to help them procure the metal for the low-key retail sales, dealers said. Gold soars to new highsNDTV.com all 4 news articles
The Kerala government will intervene to improve service conditions in the IT sector if the situation so demands, Labour Minister P.K. Gurudasan informed the state assembly Friday. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 10:03 am
A 13-member delegation of Chinese Railway officials arrived here Friday to discuss India-China cooperation in the field of railways. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 10:02 am
Ahmedabad-based artist Surendran Nair's work 'Doctrine of the Forest: An Actor at Play' sold for an astounding Rs.21.24 million ($558,969), a winning bid for this work which was on the cover of the catalogue of the Saffronart Spring sale March 12-13. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 10:02 am
The parliamentary consultative committee attached to the coal ministry has expressed serious concern over illegal coal mining and called for setting up a special task force to check the menace. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 10:01 am
Pyramid Saimira Entertainment Ltd has entered into a strategic partnership with Britain-based Spize TV, a pan European direct-to-home (DTH) TV platform, for offering Asian content to viewers in Europe. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 10:01 am
Designer Varun Bahl's line at the ongoing fashion week attempted to highlight the current dynamism of the country, while in Ritu Kumar's collection, the ultra new age was fused with orientalism - underlining different facets of India. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 10:01 am
India has been familiar with global leadership in the past and has achieved one of the highest growth rates in the world in recent years, Reliance Industries chairperson Mukesh Ambani said Friday while warning against 'deceptive descriptions' like the billionaires' lists. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 10:00 am
LONDON (Reuters) - Oil slipped below $110 on Friday as investors took profits after prices hit a record $111 in the previous session, but the depressed dollar was seen limiting losses.
MUMBAI (Reuters) - India's gold demand remained slack on Friday as buyers watched prices near $1,000 an ounce and waited for dips to help them procure the metal for the low-key retail sales, dealers said.
NEW DELHI (Reuters) - India plans to streamline procedures for mergers and acquisitions by firms through changes in company laws, the Corporate Affairs Minister said on Friday.
Reliance Industries Chairman Mukesh Ambani on Friday termed the hype over list of billionaires from the country as 'Maya'. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 8:54 am
MUMBAI (Reuters) - The rupee climbed off an early low to trade steady on Friday, tracking a rise in the local stock market, though near-record crude prices and worries about the health of the U.S. economy limited demand for the local unit.
Soon after Forbes named him India's richest resident, Reliance Industries chairman Mukesh Ambani Friday warned that such billionaires' lists were deceptive, while drawing a parallel with maya of Indian philosophy. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 8:32 am
NEW DELHI (Reuters) - Inflation rose further above 5 percent in early March to a fresh nine-month high, and analysts said mounting price pressures would keep monetary policy tight despite more signs this week of slowing growth.
The Wholesale Price Index-based Inflation rate stood at 5.02 per cent in the previous week and 6.51 per cent in the correspondingly week a year earlier. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 7:18 am
NEW DELHI (Reuters) - Finance minister, Palaniappan Chidambaram, said on Friday he expects the economy to maintain growth levels of above 8.5 percent in the coming years.
The Indian equities market Friday opened with an upward movement in line with its Asian peers but soon shed some of its gains and was trading flat. Source: IndiaeNews.com: Business News | 14 Mar 2008 | 5:30 am
The 30-share Sensex, which plunged 770 point on Thursday, gained 119.78 points to 15,347.61 points in the first five minutes of trade. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 5:03 am
In hindsight, the Reserve Bank of India (RBI) has done the right thing by keeping interest rates status quo in its January 2008 policy review. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 3:05 am
Your grandmother's favourite investment option would have reaped a 39% return, had she invested in gold last December. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 3:03 am
The government approval for recovery of Cairn Energy's insulated-pipeline cost was likely to come with a requirement of separate accounting for the purpose of auditing. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 3:03 am
The entry of life insurance players into the health insurance space has left general insurance players worried. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 3:01 am
Ranbaxy may sell the generic version of ulcer drug Nexium in the US, following a settlement with innovator firm AstraZeneca. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 2:58 am
While the steep decline in the ‘capital goods’ index may be one-off, trends in the IIP numbers do suggest that a slowdown is under way. Source: Business Line - Home Page | 14 Mar 2008 | 12:00 am
Assembling the Audi A6 in Aurangabad; to introduce Audi A8; working on SUV Q7 which is perfect for Indian needs Source: Business Line - Home Page | 14 Mar 2008 | 12:00 am
In the last session, the stock opened with a downside gap and it has failed to fill the gap. Utilise rallies to sell the stock with stop-loss at Rs 875.Infosys In line with our anticipation, the stock declined ... Source: Business Line - Home Page | 14 Mar 2008 | 12:00 am
Mumbai, March 13 Most of the metal stocks suffered huge losses on Thursday as the equity market suffered a sharp fall. According to analysts, the losses range from 8 to 11 per cent in key metal scrips.High raw material costs and supply ... Source: Business Line - Home Page | 14 Mar 2008 | 12:00 am
The Airport Authority Employees' Union (AAEU) called off its two-day ?non-cooperation? movement after claiming that Civil Aviation Minister Praful Patel has assured them that contracts like those with Source: Business Standard | Front Page Headlines | 13 Mar 2008 | 6:39 pm
Unitech and Indiabulls Real Estate Ltd (IBREL) have deferred the listing of their respective real estate investment trusts (REITs) on the Singapore Stock Exchange (SGX)owing to the liquidity crunch in Source: Business Standard | Front Page Headlines | 13 Mar 2008 | 6:37 pm
Cola wars are passi, it's things like mobile phone services that are the real competition for Coke products, said Neville Isdell, chairman and chief operating officer of Coca-Cola, the world's largest Source: Business Standard | Front Page Headlines | 13 Mar 2008 | 6:37 pm
