The Reserve Bank of India Governor Y V Reddy has said the higher level of headline inflation may be difficult to avoid in the short term though central banks across the globe are according a top priority to "calm the

It is of course true that a lot of low-income people can indeed afford mobile phones today, as handsets cost no more than Rs 700.

The initial purchase cost for an electric car may be high, but savings on fuel will help it pay back for itself in just a couple of years, if not faster.

The money and Maini soon found themselves, in the early '90s, in the midst of California's start-up boom.

Automobile giant General Motors will invest Rs 1,000 to Rs 1,200 crore (Rs 10-12 billion) to set up a power train (engine and gear box) manufacturing facility at its Talegaon Plant near Pune.

Benchmark ends day almost 1% lower, meaning it is down around 15% so far this year, worst in Gulf.

GCC must act in face of soaring oil prices and plummeting dollar value, DPE report says.

Tehran has sent a written response to an offer from the world's leading powers regarding its nuclear programme, amid hopes in the west that formal negotiations could begin

However, at the same auction, where a small sculpture was bagged for Rs 4.15 crore (Rs 41.5 million), he also received his highest price ever for an Untitled work in alabaster with a double concave (playing once again on the

In both good and bad times, we will do things that are good for the company and its shareholders. We are not a company that decides strategy on the basis of newspaper articles or analyst comments.

And that's where the Jetta's strength lies its ability to push Volkswagen into more hands and make them part of the quality experience.

The government has deferred the decision on fixing the Employees' Provident Fund (EPF) rate of interest for the current fiscal till the next meeting of the Employees' Provident Fund Organisation.

Indian visitor numbers rose from 205,000 to 367,000 in 2006 and are expected to increase at a greater rate. The average spend by an Indian tourist is 793 pounds, compared with 710 pounds by an American tourist.

Saudi mobile phone operator to pay $21.3mn for Zajil to up revenues from corporate clients.

Britain is increasing financial assistance to £480m by 2011 to channel more cash into areas on the Afghan border that are plagued by Islamist militancy

Belying fears of economic slowdown impacting government revenue, direct tax collections have gone up by 38.6 per cent in the first quarter this fiscal at Rs 57,373 crore (Rs 573.73 billion) compared to Rs 41,391 crore (Rs 413.91 billion) in

Oil consuming nations should form a syndicate for collective bargaining in crude oil prices, which would strengthen their position in the crude market, the survey by industry body Assocham said. About 83 per cent of the business leaders agreed that

As a measure to increase productivity and reduce costs amid rising jet fuel prices, low cost airline GoAir has reduced the number of flights to various sectors.

Inflation accelerated to a fresh 13-year high of 11.63%, pushed up by rising prices of fruit & vegetables and fuel despite government attempts to keep the price line at a comfortable level. The cost of borrowing for 10 years climbed

Higher and volatile prices of food, energy, and other commodities are causing a significant upside bias to inflation and inflation expectations across the world and the most urgent priority for central bankers is to calm nerves on inflation, said YV