Business

The petrol prices were slashed by Rs 1.15 per litre (excluding VAT) just ahead of Diwali. However, the diesel prices were hiked by 50 paise per litre. This is the second reduction in petrol prices this month. Earlier, there was a cut of Rs…

The BSE Sensex took a big leap forward by crossing the psychological barrier of 21,000 on October 24, 2013, which happened after a long gap of three years. The last time Sensex had touched 21,000 mark was in November 2010. It now eyes the…

It has been decided, in the light of public concern over high prices of onion in the market, to extend the derogation allowed from the condition of fumigation and endorsement of PSC as per the Plant Quarantine Order, 2003 for onion imports…

Three American Economists - Eugene Fama and Lars Peter Hansen of the University of Chicago, and Robert Shiller of Yale, have won the Nobel Prize in Economics for 2013. They were awarded the coveted award for their work that helped answer…

In a big development, the Wal-Mart Stores Inc has snapped all business relations with its Indian partner, Bharti Enterprises and decided to operate separate business in the country. Bharti will also handle its retain operation…

India has topped the global list of remittances with $71 billion in 2013. The data has been published by the World Bank, which put China at No. 2 spot with $60 billion in remittances, followed by the Philippines ($26 billion), Mexico ($22…

The Government has come up with a big measure that would allow the consumers to choose or change their cooking gas dealer at just press of a button. That will end the monopoly enjoyed by the gas agencies that harass the common people. In…

Although the car market is not showing great results this year due to economic meltdown and lack of confidence in the industry, Maruti Suzuki got a big boost ahead of the festive season by increasing its sales for the third consecutive…

After six consecutive hikes in petrol prices since June 1, the government has finally given some relief to the common people with a populist announcement today. The petrol prices have been reduced by Rs 3.05 per litre with immediate effect…

The Reserve Bank of India (RBI) banned the ‘zero percent interest’ rate scheme on purchase of goods/products through credit cards to protect the consumers from camouflaged interest rates. It may put impact on the sale of products during…