Reliance Industries today surged over 1 per cent in the early trade on BSE, a day after it reported its best-ever quarterly profit.
Read more »RIL rises over 1% on best Q1 numbers
http://economictimes.indiatimes.com –
Why is inflation in India so stubbornly high
http://business.rediff.com –
Land market distortions, capital inflows, and services may help explain India's inflation.
Read more »Is splitting RBI an option?
http://business.rediff.com –
RBI as the monetary policy authority deserves autonomy. The problem arises when it also functions as the regulator for banks.
Read more »Patni Q1 consolidated net rises
http://economictimes.indiatimes.com –
Indian software services firm Patni Computer Systems on Wednesday reported a 7.6 percent rise in April-June consolidated net income to 1.47 billion rupees and said sustaining growth continued to pose a challenge.
Read more »Spyware: Telecom firms may face stiff fines
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The Union law ministry has suggested a penalty on telecom service providers (licensees) equivalent to 100 per cent of their contract value if any equipment bought and installed by them is found to have any spyware or malware.
Read more »Motilal Oswal cuts RIL to neutral from buy
http://economictimes.indiatimes.com –
Indian brokerage Motilal Oswal said on Wednesday it had cut Reliance Industries to "neutral" from "buy", as the energy giant's gas production from KG-D6 block was unlikely to be ramped up for next 6-12 months.
Read more »Plane crashes in Pakistan
http://economictimes.indiatimes.com –
A Pakistani plane with more than 150 people on board crashed near Islamabad.
Read more »Govt plans TV channel for rural masses
http://business.rediff.com –
The rural development ministry is planning to launch a dedicated TV channel for the rural masses to ensure that information about the government's various policies and programmes reaches the target group.
Read more »ISS to host most accurate atomic clock
http://economictimes.indiatimes.com –
The ISS is to soon host the most accurate clock ever sent into space, which could help reveal changes in nature's fundamental constants.
Read more »Ind slams Pak over WikiLeaks charges
http://economictimes.indiatimes.com –
US, too, has long suspected the ISI of playing a double game.
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