Business News

Oil tumbles $4 to one-year low, crisis unrelenting Posted: 10 Oct 2008 02:01 AM CDT By Annika Breidthardt

Gold extends gains to 2-month high as panic Posted: 10 Oct 2008 01:59 AM CDT By Lewa Pardomuan

Nikkei posts biggest 1-day loss since 1987 crash Posted: 10 Oct 2008 01:53 AM CDT By Elaine Lies

Infrastructure growth plunges to 2.3 pc in August Posted: 10 Oct 2008 01:48 AM CDT New Delhi, Oct 10 (PTI) Growth in key infrastructure industries plunged to 2.3 per cent in August this fiscal from 9.

BSE Sensex tumbles; ICICI, Infosys dive Posted: 10 Oct 2008 01:47 AM CDT NEW DELHI (Reuters) The BSE Sensex plunged more than 9 percent on Friday as markets were hammered worldwide by concerns about a global recession, but recouped partly after the Reserve Bank of India (RBI) announced more liquidity easing.

State banks seen selling dlrs around 49.20 Posted: 10 Oct 2008 01:39 AM CDT MUMBAI (Reuters) - State-run banks were seen selling dollars around 49.20 rupees on Friday to protect the currency from further steep falls after it fell to an all-time low of 49.30 in early deals, traders said.

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