Business

Reserve Bank of India on Tuesday hiked its short-term lending and borrowing rates by 0.25 per cent.

The book Working with VAT by Kul Bhushan, boasts of a foreword by India's Finance Minister P. Chidambaram.

Jharkhand had planned to construct the port at river Subernarekha-Bay of Bengal junction along the Orissa coastline

All income earners, including the salaried and the self-employed, will soon have to fork out more tax.

Sensex tumbled by 267 points on heavy selling by funds despite excellent Q1 results by Satyam.

The Finance Ministry on Thursday said interest rates, now on an upswing, are not prohibitively high to kill growth.

The markets opened with a significant positive gap joining the rally in markets across the globe.

Mittal Steel claimed success on Tuesday for its improved 25-billion-euro takeover offer for Luxembourg-based Arcelor.

Industry body's president Kiran Karnik said the industry was not getting "right type of people for right jobs".

Despite the recent hike in CNG price, the green fuel has become more attractive due to hiked petrol and diesel prices.

AC and refrigeration co Blue Star has tied-up with ISA, Italy for providing a wide range of food refrigeration solutions.

ONGC currently has one petrol pump at Mangalore and had identified 45 other locations for opening shop this year.

The Government is planning to revise the order banning export of sugar from India till March 2007.

After the Tatas, Ambanis, Mittals and Birlas it's now Vijay Mallya who is eyeing the retail space. Mallya plans to embark on liquor vending.

Markets across the globe displayed weakness. Sensex closed down 71.59 pts at 10858 and Nifty down 26.60 points at 3,169.30.

Anil Ambani Group's plan to buy natural gas from Reliance Industries at less than half the market price.