India will expand at 7-7.5 pct in current fiscal that began in April,a PlanComm member said.
The Indian rupee pulled back from early lows on Friday,tracking a drop in the dollar index.
Oracle Corp CEO Larry Ellison said he won't sell off Sun Microsystems Inc's hardware business.
GM said it burned through $10.2 billion in the first quarter,operating under a federal bailout.
The fate of JLR is uncertain as talks with UK govt over a financial package has virtually failed.
The annual inflation rate is expected to have risen for the third consecutive week in late April.
Some of the retention bonuses were returned by employees after the firestorm of criticism.
The IMF's projections are for Asia's growth to pick up to 4.3% in 2010 from 1.3 per cent in 2009.
Swiss banking major UBS has posted a first quarter loss of two billion Swiss francs and has warned of economic turmoil negatively.
Chanda Kochhar has expressed hope that interest could fall to single-digit level in coming months.
American International Group Inc is expected to post a first-quarter loss on Thursday.
Citigroup may put more employees on commission or offer them larger base salaries.
On Monday,the Indian rupee had ended 12 paise higher at 49.92/94 against the greenback.
Faced with mounting costs and falling revenues,private airline Jet Airways has laid off 110 employees.
Oil prices fell below USD 51 a barrel in Asia as investors clung to a month-long trading range amid uncertainty.
Car market leader Maruti Suzuki India Limited reported a 15.09% increase in sales during April at 71,748 vehicles.
As the US clears the meltdown 'wreckage',more Americans will lose jobs,Barack Obama said.
The bank plans to add 66 new branches all over India this year to total 273 branches.
RBI may cut key rates by a further 25 bps after a new govt assumes power,HSBC said in a note.
Foreign lender Citibank cut its benchmark lending rate by 25 basis points to 14.75 per cent,a week after the RBI reduced short-term policy rates by quarter percentage point.
Steel behemoth ArcelorMittal reported a $1.1 bn loss in the first quarter ended March 2009.
The Indian rupee hardened by 31 paise at 50.20 against the greenback on account of fresh capital inflows by funds amid a weak dollar overseas.
Bharti Airtel surged nearly four per cent after an impressive 21 per cent jump in its net profit.
GM told its dealers that it will force 1,000 to 1,200 underperforming locations to close their doors.
Snapping a three-day rising streak,the Sensex on Tuesday tumbled by over 370 points.