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PTI
New Delhi, December 30, 2011
Indian equities continued to lose attraction because of inflation, high interest rates, the falling rupee and lack of major economic reforms. As a result, markets lost around 25 per cent during the year, eroding investor wealth of around Rs 20 lakh crore.


PTI
Mumbai, December 29, 2011
The BSE Sensex fell for the third day in a row on Thursday, down 184 points at 15,543.93 on foreign funds indulging in year-end selling in blue-chips such as RIL and Infosys, amid settlement of derivative contracts.


PTI
New Delhi, December 28, 2011
The Petroleum Ministry has asked aministerial panel to decide if Reliance Industries can charge a marketingmargin over-and-above the government-approved sale price for KG-D6 gas.


PTI
New Delhi, December 27, 2011
A meeting of an oversight panel to vet Reliance Industries' $1.529 billion investment plan for development of satellite fields in the KG-D6 block was postponed on Tuesday after government representatives declared themselves unavailable for the meet.


PTI
New Delhi, December 26, 2011
After touching five-year low of 0.3 per cent in October, growth in key infrastructure output bounced back in November to 6.8 per cent, thus brightening prospects for industrial production for the month.


Mail Today Bureau
New Delhi, December 26, 2011
The standing committee on petroleum and natural gas in its report Challenges of Under-Recoveries of Petroleum Products has suggested levying a tax on private diesel car, which has to be paid at the time of purchase of diesel vehicle.


BT Online Bureau
Mumbai, December 23, 2011
The Bombay Stock Exchange benchmark Sensex on Friday fell 75 points as investors encashed two days of gains although overseas markets showed a firm trend.


PTI
New Delhi, December 21, 2011
State-owned Oil and Natural Gas Corp (ONGC) on Wednesday said it will buy 10 per cent stake of Cairn India in a gas-discovery block that sits next to Reliance Industries' prolific KG-D6 area in the Bay of Bengal.


PTI
New York, December 21, 2011
About 10 Indian-origin young turks have been named in a Forbes list of \"tomorrow's brightest stars\" who are \"reinventing the world\".


BT Online Bureau
Mumbai, December 21, 2011
The BSE 30-stock index, which had lost 5.2 per cent in the last five sessions and touched 28-month lows, spurted 510.13 points, or 3.36 per cent, to 15,685.21.


K. Venkatesh
December 20, 2011
If some hurdles are removed, India can create and maintain world-class assets.


K.R. Balasubramanyam
December 20, 2011
Solar energy costs more than thermal power, but is becoming more affordable.


Shweta Punj
December 20, 2011
Besides facilitating inclusion, the unique identification project could spur innovation.


PTI
Moscow, December 17, 2011
President Dmitry Medvedev said that Russian natural gas monopoly Gazprom has inked the memoranda covering major supplies of LNG to India with several Indian companies.


www.businesstoday.in
January 5, 2012
Places to travel and things to do this month.


PTI
New Delhi, December 15, 2011
RIL's gas output from its eastern offshore KG-D6 gas fields dropped to a fresh all-time low of 39.80 million standard cubic metres per day, after a drop in pressure in the wells and increased water ingress.


IANS
Mumbai, December 13, 2011
The project is for the construction of the stretches that include the six laning of Kishangarh-Udaipur-Ahmedabad highway.


Asspciated Press
Singapore, December 13, 2011
Crude has slumped from $103 last month amid growing investor concern that European leaders may be unable to prevent contagion from spreading from debt-ridden countries Greece and Italy.


PTI
New Delhi, December 12, 2011
The magazine said that the total sales of the country's 500top corporations have grown by 21.5 per cent from the last year, while theirmedian growth has been even higher at about 25 per cent.


Associated Press
Washington, December 10, 2011
A lower deficit is the latest sign that the economy has rebounded after nearly stalling in the spring. It boosts economic growth since it means foreign nations are buying more American goods.


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