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23 May 2008 year (time zone GMT 00:00)  Number of sources in English: 4955
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Inflation: Actual figure might be higher

23.05.2008 23:38    rediff.com
Inflation shot over 8 per cent before the year 2007-08 ended, with government on Friday releasing final figures of rate of price rise for the week ending March 15 that puts it at 8.02 per cent against the provisional 6.68


SC sets aside Sebi's order against minors

23.05.2008 23:38    rediff.com
Sebi had barred Ritesh Polyester and its promoters -- Ritesh Exports, Surendra Kumar Agarwal and his wife Roop Rekha Agarwal and their minor sons Ritesh and Deepak -- from operating in the capital market for a period of 10 years

Decks cleared for new Bangalore airport

23.05.2008 23:38    rediff.com
The Karnataka high court has given the green signal for the launch of the new Bengaluru International Airport. The order came at 6.30 p.m. on Friday, barely a few hours before the first flight is to touch down at the

e-ticketing by May 31: Air India

23.05.2008 23:38    rediff.com
The national air-carrier was working on these issues and was confident of attaining 100 per cent e-ticketing before the International Air Transport Association deadline of May 31, the official said. Earlier in the day, Travel Agents Association of India President


Farm debt relief bill grows by Rs 11,366 cr

23.05.2008 23:38    rediff.com
Responding to pressures within government, the farm debt waiver and relief scheme has been enhanced to Rs 71,680 crore from the earlier Rs 60,314 crore, even as its coverage was widened to include 7 million more marginal and small farmers,

Mediclaim can't be denied for pre-existing diseases: SC

23.05.2008 23:38    rediff.com
The Supreme Court has ruled that public sector insurance companies cannot refuse to provide medical cover policies to those suffering from pre-existing diseases and said such an action was arbitrary, illegal and unconstitutional.

Bangalore airport takes wings

23.05.2008 23:38    rediff.com
After a series of protests and court cases, Bangalore, the IT capital of India, finally got a full-fledged international airport at Devanhalli, 31 km away from the city. The first flight flew to Singapore.

Fuel price hike will mean suicide by govt: Left

23.05.2008 23:37    rediff.com
When asked if it would not be good for farmers as they would be rid of an anti-farmer government, CPI general secretary A B Bardhan said that the farmers would continue to die as there would be nobody to save

Foreign cos can join 3G race, says Raja

23.05.2008 23:37    rediff.com
In stark contrast with the Telecom Regulatory Authority of India (Trai) recommendation that only Unified Access Service Licence (UASL) licence-holders should participate in 3G auctions, Communications Minister A Raja today suggested that foreign telecom companies, too, would be permitted to

Fuel prices hiked by 3-5 paise

23.05.2008 18:25    rediff.com
Petrol and diesel prices have been raised marginally by 3-5 paise per litre after the government decided to hike the commission paid to dealers for the sale of fuel.

'Audi won't be made in VW's Pune facility'

23.05.2008 10:49    rediff.com
Despite a general slowdown, Audi India has posted a dizzying growth figure of 123 per cent, selling 321 units in January-April 2008. All set to launch the new A4 sedan in July, Benoit Tiers, managing director, Audi India, tells Business

Politicians call Infosys for jobs

23.05.2008 10:49    rediff.com
Infosys HR head T V Mohandas Pai says "senior politicians" cutting across party and geographies call Infosys' top brass to recommend their candidates. While obliging these politicians their candidates are made to go through internal tests and "are hired only

Forget rising oil; invest in natural gas

23.05.2008 10:49    rediff.com
Oil billionaire T Boone Pickens has predicted that crude oil will touch $150 soon. And he also says the one commodity that will grow bigger than oil is natural gas. In the last one year, natural gas prices across the

Tackling climate calamities, the scientific way

23.05.2008 10:49    rediff.com
The Village Resource Centres under ISRO programme must be linked with online network to disseminate agro advisory based on weather forecasting. It is very pertinent during weather calamities to minimise crop losses. In an event of unusual summer rains in

Who will write CTT horrorscope?

23.05.2008 10:49    rediff.com
The uncertainty over the implementation of the new tax continues as the Finance Bill has not been passed by the Parliament. Finance minister P Chidambaram had announced in his Budget proposal that the levy would come into effect from April

US's globalisation angst

23.05.2008 10:49    rediff.com
There isn't much to prove the point that the problems of the US are because of globalisation.

Spice to invest $300 mn in 2 circles

23.05.2008 10:49    rediff.com
Spice Communications, in which Telekom Malaysia holds 49 per cent stake, will invest up to $300 million (about Rs 1,200 crore) in its existing circles in Punjab and Karnataka, a senior official of the company said.

Chidambaram hints at more steps to tame inflation

23.05.2008 10:49    rediff.com
We are watching the situation carefully. We will take further measures if needed," he told reporters after government revised inflation data for the week ended March 15 to 8.02 per cent against the 6.68 per cent provisional figure announced earlier.

What can tame the surging oil, gold prices?

23.05.2008 10:49    rediff.com
Speculators are wondering over the volatility of oil and gold market as its graph soaring to a pinnacle level that nobody ever seen before. Of course there must be some driving factors behind this surge. What is really driving oil,

Bangalore's new airport set to take off

23.05.2008 10:49    rediff.com
On Friday midnight, an Indian carrier will fly the first aircraft from the much-awaited airport to Singapore.

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