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India's annual domestic oil product sales rose 1.8 percent in June, its highest jump since October, to 12 million tonnes on higher demand for auto fuels, government data showed on Friday.
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For the first time on the tour, MS Dhoni has won a toss and chose to bat in the vital encounter against Sri Lanka in Dumbulla
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Brokers in rating race for better credibility'More broking firms are keen to get themselves rated, as it helps them get a better deal from banks while borrowing from them.'
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Bond yields ended largely steady as results of a $2.6 bn bond sale were in line with expectations but traders looked for cues from RBI's policy review.
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Finance Minister expressed concern over rising prices as the food inflation entered the double digits driven mainly by higher prices of essential items.
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On New York's Long Island, it's used to prevent drownings. In Greece, it's a tool to help solve a financial crisis.
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In a major fillip to the success of infrastructure bonds, the government has decided to exempt them from getting the credit ratings.
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Gati Corp is demerging its shipping business into a whollyowned subsidiary confirms Managing Director and Chief Executive Officer Mahendra Agarwal. It is also looking at roping in a strategic or financial partner in the newly hivedoff entity along with divesting 26% stake in the same.
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After days of unrest, life in Srinagar and elsewhere in the Kashmir Valley returned to normal today after authorities lifted curfew across the region and separatists not giving any call for a shutdown.
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Vedanta Resources' up to USD 9.6 billion offer for control of Cairn India looks set to face hurdles, including a possible counterbid from a consortium of Indian staterun energy firms.
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Vedanta: Have broken no law, looking for new bauxite sitesHalted by the govt from mining bauxite in Niyamgiri in Orissa, Vedanta said it has not violated any law and would look for alternate sources of the mineral.
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L'Oreal said it had no short-term plans to sell its stake in Sanofi-Aventis, whose shares have lost nearly a fifth this year