Business

India's retail inflation is the highest among the BRICS group of emerging economies.

The RBI kept the key policy rate (repo rate) unchanged in view of high inflation but reduced the Cash Reserve Ratio.

Gold prices in New York shot up by $34 to $1,735.30 an ounce, its biggest single-day gain since February 29.

The aircraft can carry between 210 and 250 passengers and fly long haul international routes upto 15,200 km.

The rise was driven by increased buying by stock holders ahead of the marriage season amid a firming global trend.

Gold imports to India are likely to fall by as much as 26 per cent, or by 200 to 250 tonnes.

The meeting of Kingfisher Airlines' lenders in Mumbai on Wednesday remained inconclusive.

Kingfisher's net loss more than doubled to Rs 2,328 crore in 2011-12, from Rs 1,027 crore in the previous year.

Retail loan growth will translate into higher demand for corporate loans as companies invest in capacity to cater to rising consumption.

The apex court in its February 2 judgement this year had cancelled the 122 licences for 2G spectrum.

The airline is looking to earn around Rs 500,000 to Rs 2 million per aircraft per month for an advertisement.

The company is expected to begin work on the project, its first outside Haryana, very soon.

BSE has been steadily growing to global levels in terms of level of activity and turnover.

P Chidambaram also directed the banks to double the number of ATMs from 63,000 in two years.

SpiceJet CEO Neil Mills said that the nation is proud of their unprecedented performance.

Tata Steel posted a sharp decline in first-quarter profit, hit by weak demand and prices in its main European market.