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May 16, 2010 5:07 PM
India has proposed to resume talks with Iran next week on importing gas through a pipeline passing through Pakistan. Tehran is, however, yet to respond to the offer. AIR correspondent reports, India has been boycotting project talks since 2008 over concerns on safe delivery of gas and frequent chang...
May 16, 2010 9:48 AM
The U.S government has demanded immediate clarification from BP over its commitment to pay for costs caused by the oil spill in the Gulf of Mexico. The Obama administration said it wanted to be sure BP would honour commitments not to limit payments for damages to a U.S statutory cap of 75 million do...
May 15, 2010 2:18 PM
US President Barack Obama is angrily blasting oil industry officials, who he says, are failing to accept blame for the massive oil spill into the Gulf of Mexico.The President says all parties need to take responsibility including the government. Mr. Obama says he is angry and frustrated by oil execu...
May 15, 2010 2:16 PM
Global shares have fallen sharply as concerns continue about the impact of financial austerity measures in Greece, Portugal and Spain. Amid fears the crisis may hit the European-wide economy, the UK's main FTSE 100 index ended down 3.1 per cent. Spain was worse hit - its shares lost 6.6 per...
May 15, 2010 2:15 PM
Sensex plunged by 271 points on Friday on weak global cues. The index dropped to 16,994 points when the trade came to close. The National Stock, Nifty, also lost 1.65 per cent to finish at 5,093 points. The state Bank of India dropped 4 points to end at 2,222 rupees.
May 15, 2010 9:25 AM
The Gujarat circle of State Bank of India has achieved 158 per cent of the target in the home loan sectors and stood first in the SBI network in the country. Disclosing this to AIR Bhuj correspondent Shylesh Vyas in an exclusive interview, the Chief General Manager of State Bank of India, Mr. Nanda ...
May 15, 2010 9:24 AM
US President Barack Obama is angrily blasting oil industry officials, who he says, are failing to accept blame for the massive oil spill into the Gulf of Mexico. The President says all parties need to take responsibility including the government. Mr. Obama says he is angry and frustrated by oil exec...
May 15, 2010 9:24 AM
Global shares have fallen sharply as concerns continue about the impact of financial austerity measures in Greece, Portugal and Spain. Amid fears the crisis may hit the European-wide economy, the UK's main FTSE 100 index ended down 3.1 per cent. Spain was worse hit - its shares lost 6.6 per...
May 15, 2010 8:40 AM
Sensex plunged by 271 points on Friday on weak global cues. The index dropped to 16,994 points when the trade came to close. The National Stock, Nifty, also lost 1.65 per cent to finish at 5,093 points. The state Bank of India dropped 4 points to end at 2,222 rupees.
May 14, 2010 10:08 PM
Inflation eased marginally to 9.59 per cent in April, but cost of some vegetables and metals remained high. The wholesale price-based inflation cooled from 9.90 per cent in March mainly on account of decline in prices of fruits, onions, wheat and cereals. Meanwhile Chief economic advisor to the fina...
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