India gold hits record high; 21,000 rupees eyed
India's gold benchmark futures on Wednesday struck a record high of 20,625 rupees per 10 grams, tracking firm global markets.
Analysts expect the rally to continue and breach 21,000 rupees in coming
'ONGC share split gets govt nod'
New Delhi: The government today is understood to have approved a share split in oil and gas major ONGC and issue of bonus shares as a prelude to the company's follow-on public offer in March 2011.
'Don't press panic button, your money is safe'
New Delhi: Assuring the safety of their funds, Finance Minister Pranab Mukherjee today asked investors not to press panic button over the housing finance racket as the loans were protected.
"Ther
'India's economy grew 8.9pc last quarter'
New Delhi: - India's economy grew a forecast-beating 8.9 percent year-on-year in the July-September quarter, data showed on Tuesday, as the South Asian nation returned to pre-financial crisis expansio
India hit by banking scandal, shares fall
Reuters: Shares in state-run financial firms named in a bribery scandal fell sharply on Thursday, a day after eight top officials were arrested in India's third biggest corruption scandal in the past
Airlines warned against 'predatory pricing'
New Delhi: Sending a strong signal to domestic carriers over abrupt hike in airfares by some of them during periods of high demand, Civil Aviation Ministry today warned them of action if they contin
Food inflation dips to 10.15 pc
New Delhi: Food inflation dipped for the sixth straight week and dropped to 10.15 per cent for the week ended November 13, on cheaper vegetables and pulses.
Food inflation in the previous week was 1
JSW buys Canadian coal company
Toronto: India Inc. made yet another entry into resource-rich Canadian market, with JSW Energy buying the Canadian coal company CIC Energy for $422 million.
The deal at $7.42 a share has been given
US revival will take years: Fed Reserve
Washington: America's central bank has slashed its outlook for the US economy projecting that jobless rate could exceed 8 per cent for two more years and it could take several years for the economy to
Bank bosses held over bribery charges
Reuters: The Central Bureau of Investigation said on Wednesday it had arrested at least eight officials from banks and financial institutions on charges of taking bribes to grant large corporate loans