The double-digit inflation resulting in high interest rates is likely to hit the performance of the banks during the first quarter. The bankers have hinted that their first quarter, which closed on Monday, results might have some impact.

After its initial lag, south-west monsoon has climbed a crest in Kerala, with a sustained wet spell in the last 24 hours. The State government had to resort to a 30-minute load-shedding plan during peak hours following the grim power

The unabated rise in crude oil prices, which jacked up the inflation rate, has taken a toll on the bourses in the last few sessions. Moreover, the political uncertaintly over the Indo-US nuclear deal has added fuel to the fire.

In 2002 John Taylor, a well-known monetary theorist, gave a speech in honour of Milton Friedman, the great economist who died in 2006.

Anil Ambani group company Reliance Communications Infrastructure Ltd has moved the Supreme Court seeking to recover more than Rs 58 crore (Rs 580 million) of outstanding loan from a Mukesh Ambani group firm.

The Sensex finally ended with a smart gain of 703 points at 13,665. The index had dropped 1,460 points in the last three trading days.

Investing in property, especially a home for living, is the best bet in the prevailing environment of ballooning inflation, a top real estate industry official said.

The demand for gold demand is expected to pick up after August with its price expected to touch the Rs 13,500 per 10 grams mark, a top industry official said.

The Aditya Birla group is close to buying the Reddy family's 66.32 per cent stake in Apollo Sindhoori Capital Investments (ASCIL), marking a re-entry of the group into the broking business.

The students have now written to their university to involve more students in similar initiatives in the rural areas where they can use their knowledge for development. Agilent is planning to go bigger this year with more students from other

Movement of goods over road is set to get paralysed as more than 4 million trucks will keep off the road, beginning Wednesday, as part of the nationwide indefinite strike called by the All India Motor Transport Congress (AIMTC).

The central government's exposure remains at over Rs 60,000 crore, the original amount proposed in Budget 2008-09.

The markets are nearing the bottom and the worst will be over soon. That's the overwhelming mood among a range of brokers, research analysts and fund managers, according to a poll conducted by Business Standard on a day the Bombay