March 31, 2009 10:25 am

Crude oil prices rose to $48.96 in Asian trade on Tuesday but remained below 50 dollars a barrel.

March 31, 2009 10:21 am

The Small Industries Development Bank of India (SIDBI) on Tuesday said it is looking at foreign borrowings to the tune of USD 700-900 million for the next fiscal year.

March 31, 2009 10:12 am

Rupee appreciated by 18 paise against dollar on Tuesday on expectations of fresh capital inflows.

March 30, 2009 4:47 pm

RBI expects the growth rate to bounce back above 8% once the current global turmoil passes.

March 30, 2009 4:45 pm

The report said once the current turmoil had passed,fiscal discipline needed to be reasserted.

March 30, 2009 3:52 pm

Public sector lender Oriental Bank of Commerce may cut interest rates for deposits of one year by 50 basis points on Tuesday.

March 30, 2009 1:31 pm

The White House says neither GM nor Chrysler submitted acceptable plans for more bailout money.

March 30, 2009 1:12 pm

Air India launched two daily flights from Mumbai and Delhi to New York and Chicago.

March 30, 2009 11:22 am

L&T has received an order worth Rs 345 cr from NPCIL for manufacturing steam generators.

March 30, 2009 11:20 am

Cadila Healthcare has signed a collaborative drug discovery and development deal with Eli Lilly.

March 30, 2009 11:08 am

RIL has once again shut down crude oil production at its predominantly gas-rich KG-D6 block to hook up more wells.

March 30, 2009 10:44 am

Obama said bonuses are not acceptable while Americans struggle to meet basic expenses.

March 30, 2009 10:43 am

UBS would also slash another 8,000 jobs,the report said,including some private banking staff.

March 30, 2009 10:39 am

By the end of 2010 the unemployment rate could be approaching double digit figures in all G8 countries.

March 30, 2009 10:38 am

The development comes before Obama is expected to make an announcement on auto industry aid.

March 29, 2009 7:18 pm

SBI on Saturday hinted at further interest rate cuts in the new financial year.

March 29, 2009 4:11 pm

The rally in the stock market has added a whopping Rs 2.51 trillion to investors' wealth last week.

March 29, 2009 3:03 pm

With the economic turmoil straining their financials,top executives of many American corporates,including Citigroup chief Vikram Pandit and AIG's Edward Liddy,are opting for just USD 1 salary.

March 29, 2009 2:15 pm

Bankers have sought to allay fears that the country may be in the deflation mode.

March 29, 2009 2:04 pm

Country's 10 most valued firms added over Rs 91,000 crore to their market capitalisation last week.

March 29, 2009 1:57 pm

Leading Tata group firms,including Tata Motors and Tata Steel,outperformed Sensex in March.

March 29, 2009 1:51 pm

Indian corporates have virtually stopped fresh recruitments to cut costs in the wake of global crisis.

March 29, 2009 1:44 pm

The number of aspirants for studying at the prestigious IITs has gone up by nearly two lakh this year.

March 28, 2009 5:43 pm

United Bank of India (UBI) signed an agreement with Tata Motors for financing the Rs-one lakh Nano car.

March 28, 2009 5:22 pm

India's Hindustan Petroleum Corp has tripled an annual crude import deal with Iran for 2009/10.

March 28, 2009 5:05 pm

Prime Minister said plenty of liquidity and low inflation gave room for further interest rate cuts.

March 28, 2009 2:25 pm

The Indian economy needs more stimulus to counter the impact of global economic slowdown.

March 27, 2009 3:07 pm

Oriental Bank of Commerce said it will reduce its benchmark prime lending rate by 50 basis points to 12 per cent,with effect from April 1.

March 27, 2009 2:35 pm

Punjab National Bank,the country's second largest state-run lender,said there is no further scope for the banks to slash their lending rates.

March 27, 2009 1:50 pm

Bolstered by "hopeful signs" in certain sectors,the government said India will beat the IMF projection of 5.1 per cent growth in 2009.

March 27, 2009 1:46 pm

India is likely to grow at 6.5 per cent or above in the current fiscal and in 2009-10.

March 27, 2009 1:45 pm

The government expects growth in the Indian economy to slow to 7.1 per cent in 2008/09.

March 27, 2009 12:31 pm

Output rose an 7.0 per cent in February 2008,and in the 2007/08 fiscal year it rose 5.6 per cent.

March 27, 2009 10:02 am

Google is cutting its sales and marketing team by roughly 200 employees,saying it had over-invested in certain parts of the company.

March 27, 2009 9:22 am

HMIL in a bid to enhance financing options for its customers,signed a Memorandum of Understanding (MOU) with Bank of India.

March 26, 2009 2:10 pm

State-run power equipment maker BHEL has been adjudged the most investor friendly PSU.