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Business News - Thu, May 24, 2012

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Who pays the highest and lowest for petrol in India

Who pays the highest and lowest for petrol in India
Petrol prices in India are amongst the highest in the world.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Former Yahoo CEO's amazing home on sale!

Former Yahoo CEO's amazing home on sale!
Former Yahoo! CEO Terry Semel is planning to sell his magnificent sea facing mansion in Malibu.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - The saga of the rupee and why it is falling

The saga of the rupee and why it is falling
The proximate cause is the Budget, with its Black-Swan event of a 50-year rollback and retroactive taxation of deals. This strengthens the notion that India is still a Banana Republic, says rajeev Srinivasan.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - 'Starve us to death, that's the government plan'

'Starve us to death, that's the government plan'
As we spoke to people from various walks of life, they all conveyed their anguish over this 'unreasonable hike' and slammed the government for mismanaging the economy.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Rupee-dollar fluctuation a scam, alleges BJP

Rupee-dollar fluctuation a scam, alleges BJP
BJP National Secretary Kirit Somaiya alleged the current rupee dollar fluctuation was a major scam and it needed to be investigated by an expert group on a par with special investigation team.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Higher oil prices or higher EMIs? Take your pick

Higher oil prices or higher EMIs? Take your pick
A higher government borrowing will 'crowd-out' the private borrowing and push interest rates higher.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Despite stalled reforms, FDI inflows rise 34% in 2011-12

Despite stalled reforms, FDI inflows rise 34% in 2011-12
In 2011-12, FDI rose 34.4 per cent to $46.84 billion, compared with $34.84 billion in 2010-11 and $37.74 billion in 2009-10, according to data from the Department of Industrial Policy and Promotion.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Bangladesh finds new oil reserves in Sylhet

Bangladesh finds new oil reserves in Sylhet
The discovery has boosted morale of officials of the State-run Bangladesh Oil, Gas and Mineral Corporation (Petrobangla), the parent company of Bapex, who are hoping that other oil fields may be found in similar gas fields across the country.
Business News - Wed, May 23, 2012

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Petrol price hiked by a massive Rs 7.54/litre

Petrol price hiked by a massive Rs 7.54/litre
With rupee depreciation leading to jump in oil import bill, Petroleum Minister S Jaipal Reddy said on Tuesday there was an immediate need to raise fuel prices.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Stunning bridges in France

Stunning bridges in France
The Millau Viaduct is a cable-stayed road-bridge that spans the valley of the river Tarn near Millau in southern France.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Top 30 most valuable global brands

Top 30 most valuable global brands
The world's leading brands have continued to grow in value despite the current economic uncertainty, according to WPP company Millward Brown's annual BrandZ top 100 most valuable global brands study.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Fiat Punto and its 4 closest rivals

Fiat Punto and its 4 closest rivals
The Italian hot hatch with its high-end features along with powerful and refined engine choices poses serious challenge to premium car makers of India.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - India's airlines: Here are the best performers

India's airlines: Here are the best performers
India's air traffic continued to rise in April.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - This is what petrol will cost in the 4 metros

This is what petrol will cost in the 4 metros
This is the steepest ever hike in rates.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Petrol price hike 'unreasonable': BJP

Petrol price hike 'unreasonable': BJP
Petrol price hike will have a cascading effect and prices are going to go out of control.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Rupee breaches the 56-mark against dollar

Rupee breaches the 56-mark against dollar
The local currency, which had plunged to an all-time low of 55.39 on Tuesday, crashed to 55.82 at the Interbank Foreign Exchange market in early trade.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Petrol price hike is 'unjust and unilateral', says Mamata

Petrol price hike is 'unjust and unilateral', says Mamata
Banerjee, the chief of Trinamool Congress, the second major partner of UPA government, however, said her party would not topple the government.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - How India can curb the menace of black money

How India can curb the menace of black money
The true lesson of the White Paper should be that there are no quick fixes for what has been a major scourge of the Indian economy for several decades.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - Tour of the world's tallest residential building

Tour of the world's tallest residential building
Towering over the Dubai Marina skyline at 414 metres from base to tip, Princess Tower has been recognised by the Guinness World Records as the world's tallest residential building.

 Business News in India - Indian Stock Market News, Economic & Financial News in India - B-school faculty salaries also take a hit

B-school faculty salaries also take a hit
At the Indian School of Business, Hyderabad, the depreciation of rupee is making it difficult for the institute to offer attractive salary to faculty members it recruits internationally.
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