Business

The RBI said banks need to retain 20 per cent of the imported gold in customs bonded warehouses.

The company's revenue fell 4.6 per cent on back of lower output from KG-D6 gas figship KG-D6 gas fields.

Investors are looking ahead at a planned open market operation sale of 120 billion rupee from the Reserve Bank of India later in the day.

The rupee has depreciated by more than 10 per cent in the last one month and touched over 61-level last week.

The Supreme Court has recently suggested the Tatas may return the Singur land to the state government.

According to an official, steps taken by the government are helping to boost FDI flows.

The price of gas could come to about $8.4 per million British thermal unit.

Early gains were erased after the RBI said it didn't have any target level for the rupee.

One of the largest banking groups in the world, Citi has businesses across more than 160 countries.

'AirAsia will initially concentrate on southern India from its Chennai base before expanding: AirAsia's CEO

The companies had said that the special court trying 2G cases could not proceed against them as it would deprive them of one step in the judicial ladder to seek remedy.

In April, the government had the allowed airlines to charge passengers for preferential seating, meals among other services.

Reliance Infra has refused to operate the Delhi Airport Metro line beyond June 30.

This is the second such campaign for the 2007 and 2008 Honda Fit hatchback, which was recalled for a similar problem in January 2010.

According to the survey, going to fancy restaurants has been hit the hardest with around 78 per cent of middle class avoiding eating out.

Investors are looking for signals if Fed will roll back at least partially $85 billion in monthly bond purchases after US economy showed some recovery.