Business

The RBI will review its monetary policy for this fiscal on Tuesday with high food inflation in the backdrop.

Some 200 odd top US business chiefs are expected to join US President Barack Obama on his India visit next month.

Overall, prices of vegetables went down marginally by 0.77 per cent during the week on a year-on-year basis.

The scam which cost Rs 70,000 crore to the state exchequer, is likely to hit the banking sector as well.

Microsoft founder Bill Gates was the richest person in the United States for the 17th year in a row.

It's exactly 2 years to the day Wall Street giant Lehman Brothers filed for bankruptcy, sending shock waves across the financial world.

The short-term borrowing rate has been raised by 0.50 percentage points and lending rate by 0.25 percentage points.

Nokia said Stephen Elop, the head of Microsoft's Business Division, was to be its new chief executive.

The hospitality major, East India Hotels, runs the Oberoi group of hotels.

The Tata Group is followed by Mukesh Ambani-run Reliance Industries (RIL) group as the second-most valued firm.

CNN-IBN's sister channel IBN Lokmat has also won an award for excellence in environmental journalism in a regional channel.

He has bought unlisted firm Infotel Broadband, owned by the Nahatas, for a little over $1 billion.

The six-member panel, approved by Telecom Minister A Raja, is headed by Cabinet Secretary KM Chandrasekhar.

Reliance holds 100 per cent participating interest in the block, and has so far drilled 17 exploratory wells.

Petrol and diesel will cost up to Rs 3.73 per litre more, households will have to pay an additional Rs 35 per cylinder for LPG.

The data comes on the heels of April manufacturing output matching its fastest pace in 15 years.