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  1. An oil rig is silhouetted against the sunset in St. Lawrence, Texas May 9, 2008. The weak U.S. dollar is the main reason behind oil prices rising to record levels, not demand or supply factors, an Iranian Oil Ministry official was quoted as saying on Saturday. REUTERS/Jessica Rinaldi
    Dollar, not supply, causes record oil - Iran offical Reuters - Sat, May 10

    TEHRAN (Reuters) - The weak U.S. dollar is the main reason behind oil prices rising to record levels, not demand or supply factors, an Iranian Oil Ministry official was quoted as saying on Saturday. 

  2. Citigroup to unload $400 billion non-core assets IANS - Fri, May 9

    New York, May 9 (IANS) Vikram Pandit, India born chief executive of Citigroup, Friday presented his strategy to turn around the beleaguered bank and announced that it plans to unload $400 billion more in 'legacy assets' over the next few years to reinvigorate itself. 

  3. Gold rises for fourth day on increased seasonal demand PTI - Thu, May 8

    New Delhi, May 8 (PTI) Gold prices today rose by Rs 35 to Rs 11,855 per 10 gram for the fourth straight day in the bullion market here today on scattered buying by retail customers. 

  4. Chennai arrest report 'inaccurate': QuestNet India says IANS - Wed, May 7

    Kuala Lumpur, May 7(IANS) The Quest India Group of Companies has termed as 'inaccurate' reports from Chennai about the arrest of one of its woman employee and seizure of goods. 

  5. Tata, ArcelorMittal in race to buy Krakatau FE - Sat, May 3

    World's fifth largest steelmaker Tata is likely to join the race to acquire Indonesia's state-run steel mill P T Krakatau alongwith ArcelorMittal and Australia's BlueScope, the country's leading daily The Jakarta Post reported. 

  6. Reliance announces unlimited free STD call scheme IANS - Mon, Apr 28

    Mumbai, April 28 (IANS) Anil Ambani-promoted Reliance Communication Ltd Monday announced a plan of 'Unlimited Free STD' calls between Reliance to Reliance mobile phones across post-paid and pre-paid services. 

  7. Kuwait firm in real estate business in Kerala IANS - Fri, Apr 25

    Kochi, April 25 (IANS) Dewa Projects Pvt Ltd, promoted by a group of non-resident Indians in Kuwait, has announced its entry into the real estate sector in Kerala. 

  8. A mother carries packets of rice as other residents queue to buy cheaper rice supplied by the National Food Authority at a rolling store in Manila April 8, 2008. REUTERS/Cheryl Ravelo
    Philippines calls for regional meeting on rice Reuters - Fri, Apr 11

    MANILA (Reuters) - The Philippines, one of the country's most affected by soaring rice prices, called on Friday for a meeting of Asian ministers to discuss a global rush for the grain that has heightened anxiety about food security. 

  9. Alembic Ltd completes centenary celebrations IANS - Mon, Mar 31

    Vadodara, March 31 (IANS) City-based Alembic Ltd, one of the leading pharma entities in India, completed its year-long centenary celebrations Monday with a resolve to become a Rs.20-billion ($500 million) company in the next four years. 

  10. British government welcomes Tata buy IANS - Wed, Mar 26

    London, March 26 (IANS) Trade and Investment Minister Lord Digby Jones - who has just won a campaign to be allowed to drive a Jaguar - said Wednesday the British government welcomes the 'long-term commitment' shown by Tata Motors in purchasing the Jaguar and Land Rover brands. 


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