Home, auto loans get costlier for existing borrowers
Home, auto and education loans from a host of banks have become costlier for existing borrowers by up to 75 basis points, after lenders hiked interest rates in line with the RBI's hawkish policy stance.
Govt may sell 5 pct stake in ONGC: Chairman
The government is likely to sell 5 per cent stake in Oil and Natural Gas Corp to raise 130 billion rupees ($2.8 billion), the state-run firm's chairman R S Sharma told reporters today.
India Mahindra, Ruia submit bids for Ssangyong: Yonhap
Three groups including India's Mahindra have made binding offers to buy the troubled South Korean car maker Ssangyong Motor Co, Yonhap news agency reported on Tuesday.
    Bombay HC directs SEBI to decide by Sept 30 on MCX-SX plea
    The Bombay High Court today directed market regulator SEBI to decide by September 30 on the application filed by MCX Stock Exchange seeking permission to start equity trading on its platform.
    Interview | S.K. Garg
    India has 149 GW hydro power potential
    In order to develop the country’s hydropower potential expeditiously, state-owned National Hydroelectric Power Corporation Limited was established in 1975. With over 34 years in construction and operation of hydroelectric projects in various parts of the country, NHPC, at present, supplies the much-needed peaking power especially to the northern and eastern parts of the country. Its chairman and managing director S.K. Garg spoke to HT on a range of issues. Excerpts:
    RIL begins selling petrol at same rate as PSUs in Gujarat
    Mukesh Ambani-led Reliance Industries Limited today said its petrol pumps across Gujarat have begun selling the fuel at the same rate as that of oil PSUs, following the decontrol of petrol pricing.

    Utility Bytes

    Flying is serious business
    Breaking records and setting a standard, the Gulfstream G550, a large-cabin, ultra-long range business jet has been doing its successful rounds from Seoul to Orlando and linking Washington, DC, with Dubai, London with Singapore and Tokyo with Paris. See video
    Power gear imports set for uniform duty
    Duty benefits available for the import of plant equipment for mega and ultra-mega power projects would be withdrawn by August 31, 2010.


    The practice of reading spiritual texts together is gathering momentum. Technically known as scriptural reasoning — a practice of reading sacred...
    A Sunday morning image of hundreds of men swarming on a train like bees revived memories of a time when I had gone on an assignment to the religious quartet...