Interest rates to go down but not immediately, say top banks
The Reserve Bank of India's (RBI) move on Tuesday to cut key rates for the first time in three years by a sharp 50 basis points will provide the much needed respite to consumers as top banks said inte
Govt may raise diesel prices once finance bill approved
India will raise retail prices of subsidised fuels, including diesel, once parliament approves the finance bill for the current fiscal year early next month, a senior government source with knowledge
Oil cos may go for least Rs 3/litre hike in petrol price
State-owned oil firms are pushing for at least Rs 3 per litre hike in petrol price from April 1 to cover part of the spike in cost of raw material.
"We are losing Rs 6.43 per litre on petrol and aft
US intel: water a cause for war in coming decades
The next world war could be over drinking water.
Drought, floods and a lack of fresh water may cause significant global instability and conflict in the coming decades, as developing countries scramb
Sensex gains 73 points on low-level buying
The BSE benchmark Sensex recovered by over 73 points in early trade on Tuesday, snapping a three-session losing streak, on fresh buying by funds and retailers at attractive lower levels.
The 30-share
Global economic conditions better now, says IMF chief
Amid persisting European debt turmoil, IMF chief Christine Lagarde on Tuesday said the global economic situation is better than it was three months ago.
"The situation is not as grave as it was three
Sensex down 174 points amid election results, weak Asian mkts
The BSE Sensex extended losses for the second straight day, losing 174 points in opening trade on Tuesday on sustained selling by funds amid assembly election results and weak trend in Asian markets.
CNG prices hiked in Delhi and neighbourhood
Compressed natural gas (CNG) in Delhi will cost Rs.1.70 more per kg from midnight on Monday.
In the Noida, Greater Noida and Ghaziabad neighbourhoods, the price of the commodity has been hiked by R
India world's 19th most exposed country to global risks
A robust economic growth seems to have made little improvement to India's ability to withstand major external shocks, making it the most exposed and least resilient BRIC nation to the global risks.
24 per cent Indian kids go hungry: Survey
India may be an economic success story. But a Save the Children study says around a quarter of Indian children in the 0-6 age group go without food every day.
And nearly 30 per cent of Indian familie