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Food inflation at 10.63% for week ended Nov 5

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Food inflation eased to 10.63 per cent for the week ended November 5 even as prices of agricultural items, barring onions and wheat, continued to rise on an annual basis.

Food inflation, as measur

Petrol prices may be slashed by Rs 2 per litre from tomorrow

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Petrol prices may be cut by Rs 2 a litre from tomorrow as global oil rates have softened and the rupee has stabilised against the US dollar.

The cut in prices would negate the Rs 1.80 per litre petro

Oil companies hike jet fuel prices

State-owned oil companies today hiked jet fuel prices for the second time this month, raising rates by a steep two per cent with effect from midnight tonight.

"The price of aviation turbine fuel (AT

Headline inflation inches up to 9.73 per cent in October

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Headline inflation hovered stubbornly near the double-digit mark in October, rising marginally to 9.73 per cent as prices of food products, fuel and manufactured goods put more pressure on the comm

IndiGo to add flights

Budget airline IndiGo said on Friday it has not cancelled any of its flights and was currently operating 259 domestic flights daily.

IndiGo was responding to the DGCA who said the airline was operati

Railway minister hints at fare hike

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Hinting at a possible revision of passenger fares, Railways Minister Dinesh Trivedi on Friday said his ministry is considering hiking the 'fuel component' in the ticket cost, leaving the passenger far

'Rise in essential, petro-products vexed issues facing India'

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Finance Minister Pranab Mukherjee on Saturday said the two most vexed issues facing the nation are price rise in essential commodities and petro-products.

It is not possible for the Centre to dec

'Cut in petrol prices possible next week'

With global oil rates softening, state-owned oil companies may next week cut petrol price by about Rs 0.80 per litre which could be the first reduction since January 2009.

Global oil prices fell sha

Kingfisher urgently needs $400 million to survive: Expert

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Tycoon Vijay Mallya's cash-strapped and bleeding private carrier Kingfisher Airlines urgently requires about $400 million (Rs.2,000 crore) to survive and keep flying, an aviation expert said late on F

Gold zooms to all-time high on marriage season demand

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Gold today crossed the all-time high level of Rs 29,000 while silver coins touched the record Rs 68,000 mark in the bullion market here on strong demand propelled by ongoing marriage season and deepen

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