Multiple gas connections to attract penal action |
- Multiple gas connections to attract penal action
- Retail inflation back in double digits
- AirAsia may be first to enter India
- Anil Agarwal is ET's Business Leader of Year
- SBI reduces base rate by 25 bps
- Rupee ends flats at 54.01
- Gold tumbles by Rs 225
- Sensex snaps 9-day upmove, down 46 pts
- Banks not passing rate cut benefits to borrowers: RBI
- Soaring vegetable prices push up inflation to 10.03%
- Merc to launch its cheapest car in India
- Infy may replace TCS in MCA-21 project
- August consumer price inflation at 10.03 %
- Sensex down 61 points in early trade
- Rupee down 27 paise against dollar
| Multiple gas connections to attract penal action Posted: 18 Sep 2012 05:15 PM PDT Oil marketing firms have decided to initiate penal action against users of piped natural gas (PNG) who also own LPG connections as well as consumers who have multiple LPG connections. 
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| Retail inflation back in double digits Posted: 18 Sep 2012 05:01 PM PDT Retail inflation clawed back to double digits in August on the back of soaring prices of vegetables, cereals, sugar and protein-based items, data showed on Tuesday, complicating RBI's policy choices. 
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| AirAsia may be first to enter India Posted: 18 Sep 2012 04:58 PM PDT Asia's largest low-cost carrier (LCC) AirAsia may be among the first global players to invest in India with the government allowing foreign airlines to invest in Indian carriers. 
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| Anil Agarwal is ET's Business Leader of Year Posted: 18 Sep 2012 04:54 PM PDT This year, the roll of honour stretches quite literally from copper to cheese, from internet access to investment banking. 
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| SBI reduces base rate by 25 bps Posted: 18 Sep 2012 04:51 PM PDT Effective September 22, SBI's base rate will be 9.75% per annum, from 10% now, a release from the bank said. 
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| Posted: 18 Sep 2012 05:34 AM PDT The rupee today recouped initial losses on fag-end dollar selling and nearly $190 million of capital inflows to close flat at 54.01 in choppy trade. 
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| Posted: 18 Sep 2012 04:42 AM PDT Gold declined by Rs 225 to Rs 32,300 per 10 grams in the bullion market today, while silver slipped by Rs 400 to Rs 61,500 per kg on limited buying at higher levels. 
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| Sensex snaps 9-day upmove, down 46 pts Posted: 18 Sep 2012 04:17 AM PDT Snapping a nine-day winning trend, the sensex today closed 46 points lower at 18,496.01 on double-digit retail inflation data for August and investors adopting caution after recent gains amid weak global cues. 
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| Banks not passing rate cut benefits to borrowers: RBI Posted: 18 Sep 2012 01:40 AM PDT Reduction in policy rates will not serve any purpose unless the banks bring down their spreads and pass on the benefits to borrowers, Reserve Bank deputy governor K C Chakrabarty said. 
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| Soaring vegetable prices push up inflation to 10.03% Posted: 17 Sep 2012 11:32 PM PDT Soaring vegetable prices pushed up the retail inflation to double digits at 10.03 per cent in August, up from 9.86 per cent in the previous month. 
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| Merc to launch its cheapest car in India Posted: 17 Sep 2012 11:32 PM PDT Mercedes Benz is launching the B class, a compact sports tourer, with a sub-Rs 25 lakh price tag, its cheapest car in India yet. And it will go further down the price spectrum in the first quarter of 2013 when it launches its entry-level model, the A class for under Rs 20 lakh. 
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| Infy may replace TCS in MCA-21 project Posted: 17 Sep 2012 11:05 PM PDT Within months of bagging a landmark contract from India Post, Infosys is positioning itself as a serious player in India's e-governance arena by beating bigger rival Tata Consultancy Services to win the next phase of a flagship project by corporate affairs ministry. 
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| August consumer price inflation at 10.03 % Posted: 17 Sep 2012 10:55 PM PDT India's annual consumer price inflation picked up in August to 10.03 %, driven by a rise in food prices, government data showed on Tuesday. 
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| Sensex down 61 points in early trade Posted: 17 Sep 2012 10:00 PM PDT Snapping a nine-day long rally, the BSE benchmark Sensex fell by over 61 points in early trade as funds and retail investors indulged in profit-booking. 
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| Rupee down 27 paise against dollar Posted: 17 Sep 2012 09:45 PM PDT The rupee declined by 27 paise to Rs 54.28 against the US dollar in early trade on Tuesday. 
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