Inflation plunges to 6.61%

Noor En Ahmed,    Fri, 26 Dec 2008
The annual rate of inflation calculated on point-to-point basis continuing its downward movement in single digit for the seventh successive week has plunged 0.23% at 6.61% for the week ended for December 13 this year.

RPL commissions its second refinery at Jamnagar

NI Wire,    Fri, 26 Dec 2008
Reliance Petroleum Limited (RPL), a subsidiary of Reliance Industries Limited (RIL), on Thursday announced commissioning of its second refinery complex at Jamnagar, Gujarat.

Ban on 'unidentified' Chinese mobile handsets

NI Wire,    Fri, 26 Dec 2008
In the wake of several terror attacks in various cities across the country, the Government of India has decided to take several initiatives so as to ban the use of mobile handsets without IMEI or ESN numbers.

Govt issues oil bonds to compensate OMCs

NI Wire,    Wed, 24 Dec 2008
In a bid to restore heavy loss of Oil Marketing Companies, Government of India on Tuesday issued a special bond of worth Rs 22,000 crore to three leading OMCs

World Bank bars Satyam from business with it

NI Wire,    Wed, 24 Dec 2008
The World Bank on Tuesday morning confirmed that it has banned its largest software vender Satyam - India's fourth largest software firm - from doing any business with it for eight years, a US broadcaster Fox News revealed this news.

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