Business News: General

Yahoo Inc is working to rewire the dozens of services across its site so that users can manage all information about themselves in a single place and share it with friends across the Web.

Concerns about food security mounted on Thursday, as rice prices hit records in Asia and the United Nations warned that staples for the world's hungry were getting much more expensive.

Microsoft Corp gave Yahoo Inc no hope of a higher takeover price, saying it was ready to go hostile or even call off its bid if Yahoo maintains 'unrealistic expectations' of a better deal.

Britain's advertising watchdog has rapped an Indian channel for telecasting an advertisement that breached the standards code by promoting the occult, psychic practices and exorcism.

Having survived the boardroom rumpus and a slew of shareholder dissent and with a masterstroke-like entry into Indian market, British mobile giant Vodafone's India-born CEO Arun Sarin has been named the most powerful businessperson in the UK's technology and telecom industry.

Sridhar Krishnaswami Washington, Apr 22 (PTI) A Republican caucus has asked the Democrat leadership in the US House of Representatives to approve a proposed bill to nearly double the present

Kannur (Kerala), Apr 20 (PTI) With the government under attack on inflation from the Left parties, Finance Minister P Chidambaram today said India will remain poor if achieving high growth is not

The Reserve Bank of India carried forward the government's war on inflation by raising the cash reserve ratio (percentage of deposits banks have to keep with the RBI) by 50 basis points to 8% to suck out Rs 18,500 crore from the system.

Finance Minister P Chidambaram warned cement and steel companies today of tough administrative measures if they did not mend what he called their cartel-like behaviour.

India's economy is expected to expand by 9.5 per cent in the current 2008/09 fiscal year, driven by large capacity additions, a Mumbai-based think-tank said on Tuesday.

Much to the chagrin of the government, unabated rising prices of vegetables, food articles and steel pushed the inflation to a 40 month high of 7.41 per cent, casting a shadow on economic growth.

The wholesale price index rose 7.41 per cent in the 12 months to March 29, accelerating from the previous week's annual rise of 7.0 per cent, the government data showed on Friday.

New Delhi, Apr 10 (PTI) The government today said it will appoint an independent regulator for the aviation sector by October this year. "The regulator would be in place by October this year.

Sunil Gatade Astana, Apr 7 (PTI) India today sought Kazakhstan's help to ensure its energy security as the two countries agreed to enhance bilateral trade and economic cooperation.

Late flights and lost bags, to say nothing of higher fares, are making US air travellers grumpy, an annual survey of airline quality.

With inflation rising, the run-up to the April monetary policy has been overtaken by talk of a likely increase in either the repo rate (the rate at which the RBI lends to the banks) or Cash Reserve Ratio (the amount of funds that banks have to keep with the RBI) but what seems almost certain is that home loan rates will either remain where they are or go up further.

Inflation soared to 6.68%, its highest in 13 months, raising market expectations that the Reserve Bank of India may have to respond and sending the rupee to its highest in a month against the dollar.

Washington, Mar 28 (PTI) Presumptive Republican Presidential nominee Senator John McCain has strongly supported India's entry into the elite G-8 while calling for Russia's ejection to make it

Tata Motors Ltd geared up for a bigger international presence on Wednesday with the expected announcement of its $2 billion-plus purchase of luxury brands Jaguar and Land Rover from Ford Motor Co.

Mumbai, Mar 23 (PTI) Municipalities should institute quality awards to promote innovation in local governance, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.