Business

India's combined fiscal deficit is likely to narrow slightly to 10.3 per cent of GDP,from 10.8 per cent in 2008/09,Nomura said in research note.

Haryana Gramin Bank,sponsored by state-run lender PNB,has introduced Centralised Banking Solution.

IDBI Bank,Federal Bank and Fortis Insurance International have together invested 2.5 billion rupees in its life insurance venture to expand business.

India's real GDP is projected to grow by 7% in FY 10,Centre for Monitoring Indian Economy said.

The country's biggest insurance service provider,LIC,has hiked its stake in Indian Overseas Bank (IOB) to 9.96 per cent

At a time when the world economy is facing credit freeze,India attracted $2.7-bn FDI in January.

TCS said its promoter company Tata Sons has pledged additional 1.17 cr shares with lenders.

If the statistical details available with the Mumbai police have any indications,cyber crime rate has risen significantly in the last few years in the metropolis.

Breaking the string of reductions,the state-owned oil firms raised jet fuel or ATF prices marginally by Rs 158 per kilolitre on an average.

India may go into deflation by the beginning of April this year due to weak consumption demand.

The UN is likely to terminate its contract awarded on a talent management project with the IT company.

The country's 10 most valued firms witnessed an addition of Rs 20,000 cr in their mkt valuation.

World Bank,which has decided to step up its exposure to India to USD 14 billion in the next three years.

Saudi Arabia should guarantee that domestic workers are given the same rights as other workers,Human Rights Watch said,as the kingdom's legislative body prepares to discuss a draft labour law.

The BSE benchmark Sensex recovered sharply by 5.17 per cent during the truncated week under review.

The crisis in the global economy has taken its toll on the Indian airline industry.

The board of Satyam Computer has received adequate response from Indian and global bidders.

With the global crisis the richie-rich of the world are out to dispose of all their costly belongings.

Bernard Madoff pleaded guilty to orchestrating the biggest investment fraud in Wall Street history.

The Indian rupee appreciated by 16 paise against the US currency in opening trade following selling of dollars by banks.

UN is to snap a direct contract with Satyam Computer Services,a media report has said.

Women comprise a miniscule 7.53 per cent of the working force in the Central Government.

Global financial meltdown has restored the glamour of the public sector undertakings.

A majority of Indian corporates have lowered their revenue forecasts for this year.

The stock markets displayed a distinctly weak trend during the week under review.