The ongoing turmoil in the global financial markets has cast its impact on every sector with petroleum sector being no exception.

The snowballing global financial crisis may have hit the world's biggest insurance players like AIG and Fortis severely.

After announcing a slew of measures to address concerns over inadequate liquidity, the government is expected to pump in at least another Rs 30,000 crore of cash...

For those too busy playing video games to watch presidential ads on television, Barack Obama has a solution.

The liquidity crisis, both globally and in India, is beginning to impact the demand for steel, bringing the topline under pressure for manufacturers.

The Reserve Bank of India and the finance ministry created a flood of liquidity on Wednesday to help banks channel investments into the economy and keep stock markets buoyant, despite the global uncertainties. RBI deployed its full arsenal of instruments

Though they come in all kinds of shapes and sizes, bosses are all interested in precisely the same thing-in having you make them look better. Anything else is incidental to them. So it's your job to make sure that you

Indian companies have not been immune to the global market meltdown. Paucity of debt and equity capital on account of the nervous sentiment prevailing among lenders and investors is causing many to roll back their plans and projects.

The newly announced alliance between Jet Airways and Kingfisher will save the two airlines a whopping Rs 1,500 crore...

It seems a shame to run down the battery of an iPhone by making phone calls. There are so many more interesting things to do with it since July, when Apple Inc. opened up the popular smartphone to outside software

US-based IT major Computer Science Corporation plans to increase its headcount in India by 2,000 over the next six months. This addition of 2,000 employees would take the company's total workforce tally to 21,000.

I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it

The department of post has launched a new initiative of sale of 24-carat gold coins through its post offices.

Globally competitive business practices, favourable regulatory environment and huge fund supply have made Indian corporates cautious in tapping overseas markets.

Under severe pressure from its pro-Tamil southern ally DMK, Prime Minister Manmohan Singh on Wednesday...

Financial woes need not make you depressed, raise a toast to the good times gone by, instead! Though India Inc is reeling under a financial crunch and putting away most celebrations, the liquor industry is set to take advantage of

The Telecom Regulatory Authority of India for the second time is considering spectrum trading in the country.

India's fifth-largest software services company, HCL Technologies registered a net profit of Rs 356.2 crore, up 15.5% over the same period in the last fiscal.

Announcing the measures, Finance Minister P Chidambaram said the Reserve Bank of India had agreed to release Rs 25,000 crore immediately to lending institutions.

Cairn India, which found India's largest oil field in Rajasthan in over 30 years, has discovered a saline water reservoir near its oil field that will help pump crude oil to the ground level and enhance production.