World stocks dipped to a one-week low on Thursday and the euro held near a five-week trough while safe-haven German bonds rose, as concerns grew over spillover damage to U.S. banks from the euro zone

India has raised the ceiling on foreign institutional investment in government and corporate bonds by $5 billion each, a finance ministry official said on Thursday, to help boost foreign inflows after

The Reserve Bank of India chief Duvvuri Subbarao pushed ahead with a rate hike at the October monetary policy meeting, overruling a majority of external members of an advisory panel who had argued for

Civil Aviation Minister Valayar Ravi ruled out a public bailout for Kingfisher Airlines or any other airline, urging private airlines in India to put their own house in order.

Cash-strapped Kingfishe

With one of the world's most expensive yachts and a cricket and Formula One team, Kingfisher Airlines' billionaire Chairman Vijay Mallya is known as 'King of the Good Times' for a jet set lifestyle th

Citigroup In is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported on Tuesday.

The j

A spokesman for Reliance Industries denied on Wednesday a newspaper report the energy major was in talks to buy a stake in cash-strapped Kingfisher Airlines.

The Business Line newspaper had reported

Dr Reddy's Laboratories said late on Tuesday contract workers at its manufacturing unit in Andhra Pradesh have disregarded a wage agreement finalised on Nov. 8 and have continued their strike.

The wo

Syria will boycott an Arab League meeting to follow up its decision to suspend Damascus from the organisation, as regional states stepped up efforts to isolate President Bashar al-Assad for refusing t

US Secretary of State Hillary Clinton on Wednesday urged claimants to the South China Sea not to resort to intimidation to push their cause in the potentially oil-rich waters, an indirect reference to