Business News: General

New Delhi, Aug 8 (ANI): The Union Cabinet today gave its approval for signing of a MoU between India and Canada on cooperation in the field of agriculture and allied sectors.

Mumbai, Aug 7 (PTI) Reliance Industries will not "scale down" production from Krishna Godavari basin to accommodate RNRL's future needs, nor would it renegotiate the government- approved price of

The stock market exhibited signs of consolidation at 15K level in a see-saw trade as both the key indices, Sensex and Nifty, were quoting barely steady early Thursday morning.

Oil rose on Thursday after dipping to three-month lows on fears over slowing US demand, as the market's focus returned to supply concerns in Turkey, Nigeria and Iran.

Mumbai, Aug 7 (PTI) The stock market exhibited signs of consolidation at 15K level in a see-saw trade as both the key indices, Sensex and Nifty, were quoting barely steady early this morning.

Mumbai, Aug 7 (PTI) The Indian rupee improved further by nine paise to 41.98/99, against the US currency in late morning deals following stability in equity markets and weakness in dollar overseas. In quite trade at the Interbank Foreign Exchange (Forex) market, the local unit opened higher at 41.96/97 from previous close of 42.07/08 a dollar before being quoted at 41.98/99 in late morning deals.

Bangalore, Aug 6 (PTI) With inflation hovering around 12 per cent, a top economist today said inflation is expected to ease to five to six per cent in the next one year from the current double

Mumbai, Aug 6 (PTI) Tata Steel today said that it has no plans to suspend construction work on the Dhamra port project in Orissa.

New Delhi, Aug 5 (PTI) World's third largest energy firm BP Plc has rubbished India's claims that oil speculators are responsible for a global surge in crude oil prices, saying high prices were a

Hoshiarpur, Aug 5 (PTI) A District Consumer Forum has directed Axis Bank to pay Rs 10,000 along with litigation expenses of Rs 1,000 within 30 days to its customer Jasbir Singh as damages for

Mumbai, Aug 6 (PTI) The Bombay Stock Exchange benchmark Sensex gained 425.83 points to cross the 15,000 level in early trade today on heavy buying by funds, tracking firm global trend.

In the wake of tight monetary policy announced by Reserve Bank more banks are planning to hike their interest rates in this week.

Inflation might have dented the profitability of many Indian companies, but the constituents of the country's two benchmark indices, Sensex and Nifty, continue to significantly grow revenue and profit. This has surprised the analysts who maintained that this growth momentum won't last.

Workers of bangle industry in Firozabad face tough time due to hazardous working conditions and lack of government aid.

The terror which struck the financial hub of Gujarat on July 26 has started affecting life in the area.

Mobile content providers in India are expanding their services. besides telephony and games, songs and movies - they are now catering to the spiritual needs of users.

India's top vehicle maker, Tata Motors Limited, saw its June quarter profit drop 30 percent, in line with forecasts, on foreign exchange losses and as rising input costs squeezed margins.

Bankers on Tuesday said interest rates for borrowers, including car and home loan customers, could go up to one per cent. This was said following RBI's monetary measures announced to control inflation.

The ministerial level talks here that attempted to clinch a global trade deal failed to achieve a breakthrough after nine long and tense days of discussions mainly due to differences between the US and India on measures to protect the livelihood concerns of poor farmers in the developing world.

Contrary to market expectations, the Reserve Bank of India, in its monetary policy review on July 29, hiked the Cash Reserve Ratio by 25 basis points to 9 percent.