Higher oil prices will mean inflation, lower growth and a weaker rupee - putting paid to a decade of progress.

The petroleum and the finance ministry debate over the manner in which the expected subsidy bill of Rs 70,000 crore on petroleum products is to be financed.

The OPEC do not interfere in crude oil prices and its member's commitment to production quotas is a good practice, Energy Minister of UAE Mohammed bin Dha'en Al-Hamili says.

Babar Zaidi spoke to a range of experts and came up with four reasons why you should consider investing in gold even at these stratospheric rates.

The nose-diving Sensex and the damp market sentiments may be giving you sleepless nights. We put the spotlight on the biggest market concerns at the moment and outline the way things may play out in future.

Weighing the prospects of a US recession with continuing growth in developing countries, Dipen Sheth suggests investing in stocks with sustainable profits.

Oil prices fell as sharply as they had risen in ’08, making it the best news of the year-end. But supply and cost considerations point to an upturn in 2009.

Falling crude prices will make life easier for oil marketing companies. This should come as a relief for oil marketing companies (OMCs) in India whose under-recoveries had been mounting exponentially.

Crude oil prices are now finally showing signs of softening. Analysts attribute this to a strengthening US dollar and signs of a weaker demand for crude.

Despite the recent price hikes in India, oil is a ticking time bomb that will be defused only by a sharp drop in demand and, in the long run, alternative sources of energy. Meanwhile, brace up for the coming pain. Business Today's Rishi Joshi reports.

India is on the threshold of a retail revolution. In fact, it has, in some segments, already traversed some way down that path.