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Onion prices to touch Rs 100 per kg soon...

Onion prices to touch Rs 100 per kg soon?

New Delhi: Rising onion prices over the past few weeks are giving a hard time to consumers. Stockists are making the most out of the situation. Despite the government increasing the minimum export price (MEP) and allowing imports to raise domestic supply, the onion prices are showing no sign of... read more »

Sensex Tanks Over 1,200 Points in 3rd Bi...

Sensex Tanks Over 1,200 Points in 3rd Biggest Crash in History:

The Sensex crashed 1,210 points to 26,155 at its day’s low, while the 50-share Nifty slipped below the crucial 8,000 levels for the first time in two months. All 50 shares in the Nifty traded in the red, while on the broader BSE 500 index, just five stocks traded higher. The rupee has... read more »

Monnet Ispat & Energy rebounds from...

Monnet Ispat & Energy rebounds from 3-month lows on plans to take meas...

Monnet Ispat & Energy, a steel maker, rebounded from 3-month lows on news that the company may sell off stakes in units in a bid to cut down on debt payments. Monnet said it was in talks with larger rival Bhushan Steel to exit its 35 percent stake in Orissa Sponge Iron & Steel Ltd., which... read more »

Volkswagen unveils five-year investment plan to become world’s leading carmaker by 2018
Volkswagen India shipments to Mexico cro...

Volkswagen India shipments to Mexico cross 1-lakh units

Carmaker Volkswagen India on Wednesday said it has crossed a milestone of exporting one lakh cars to Mexico in less than two years of starting shipments. Volkswagen India shipped its 1,00,000th car built for Mexico today, the company said in a statement. “The production facility of Volkswagen... read more »

More from Business

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Loan customers, rejoice! EMIs to get cheaper soon

Bringing double cheer to the both India Inc and the common man across the country, the Reserve Bank of India has slashed the repo rate by 25 basis points. The move would now mean that loans... read more »

Spectrum Auction Day 1 : Govt Mops Rs 60,000 Cr

In what is turning out to the biggest spectrum auction in the country, the government is assured of mopping up more than Rs 60,000 crore from the bids in the first day itself. The auction... read more »

Services growth soars to 8-month high: HSBC

Services sector expanded rapidly in February at the fastest growth rate in eight months, driven by significant rise in new business orders even as jobs fell marginally in the sector, an... read more »

RBI cuts interest rate by 25 basis points

In a surprise move, the Reserve Bank of India has cut the key policy rate by 25 basis points, setting the tone for a reduction in lending rates by banks. This will prod banks to drop... read more »

Government Eyes Rs. 1 Lakh Crore From Spectrum Auction: 10 Facts

The biggest-ever auction of 2G and 3G spectrum started on Wednesday and is likely to fetch the government over Rs.82,000 crore based on the reserve price. But analysts have said that the government... read more »