Business

To encourage the use of plastic money in two tier towns, SBI has rolled out 'Cash Back Programme' in selected cities.

The BJP-led states are given a free hand as far as taking a decision on whether or not to slash Sales Tax on fuel prices is concerned.

There are reports that real estate prices in many pockets have started to soften because of the stock market crash.

The Economic Advisory Council favoured a no rollback on hike in prices of petrol and diesel.

The Reserve Bank of India, in a rare move between scheduled monetary reviews, raised interest rates by 25 basis points.

The Indian stock market has been one of the hardest hit during recent turmoil in global markets.

Reliance Industries Ltd said it will consider declaring a dividend at its Annual General Meeting to be held on June 27.

Rupee has depreciated 2.7 pc since April 1 on the back of strong FII outflows and the trade and current account deficits.

According to the Union Commerce Ministry, there are close to one-and-a-half crore retailers in this country.

Finance Minister P Chidambaram said on Tuesday calm had returned to the stock markets after a major slide in the past few days.

Shrugging off concerns of margin calls and the weakness in Asian markets, the markets closed in the positive terrain.

Petroleum Minister Murli Deora said the Government will raise the administered price of petrol and diesel in the next few days.

Rupee was steady against dollar in a generally quiet but cautious early trade at the Interbank Foreign Exchange market.

It took just seven trading sessions to erase all the gains off the Sensex, which took 69 sessions to reach the level.

Changes were needed to facilitate increase of the capital of subsidiary banks and remove difficulties of shareholders.

Boeing, the world's largest airline manufacturer is pursuing India to sell commercial and military aircraft.