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BSE Sensex slips 79 points on inflation concerns The 30-share benchmark index, the Sensex of the Bombay Stock Exchange (BSE) fell 0.53 percent or 78.52 points on Monday to close at 14,645.66, in a choppy market weighed by inflation concerns. 18 Aug 2008
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India's inflation rate spikes to 12.44 percent; pay hike approval heightens concerns India's wholesale price index (WPI)-based inflation rate has spiked to a new 13-year high of 12.44 percent in the 12 months to August 2, higher than previous week's figure of 12.01 percent, government data showed on Thursday, even as the government's approval of Pay Commission's recommendation for an increase in wages for government employees has triggered concerns that it would strain the government's finances and widen budget deficit. 15 Aug 2008
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Elvis+Priscilla+Barbie: New must-have item for fans The marriage didn't last all that long, but for the Elvis Presley faithful, the wedding day is special still. And now, Elvis fans have the official, Graceland-approved Elvis and Priscilla wedding dolls to remind them of that magical time. 13 Aug 2008
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India's inflation rate surges past 12 percent, credit tightening seen India's wholesale price index (WPI)-based inflation rate has surged past the psychological 12 percent mark, to hit a record 13-year high of 12.01 percent in the 12 months to July 26, higher than previous week's figure of 11.98 percent, government data showed on Thursday, sparking worries that there would be no respite from tightening monetary policy. 08 Aug 2008
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Airfares hiked to match aviation fuel price rise in India India's leading private air carriers Jet Airways and Kingfisher Airlines have hiked their airfares by around 10 percent, close on the heels of oil marketing companies raising prices of aviation turbine fuel (ATF). 04 Aug 2008
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RBI orders banks to put mobile payment services on hold India's central bank, the Reserve Bank of India (RBI), in a notification, has directed the financial institutions to put their mobile payment services on hold until it has issued operative guidelines. 03 Aug 2008
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BSE Sensex surges 301 points as market pins hope on nuclear deal The Bombay Stock Exchange (BSE) Sensex rose 2.10 percent on Friday on hopes that the United Nations' nuclear watchdog, the 35-nation International Atomic Energy Agency (IAEA) Board of Governors would approve India's safeguard agreement for allowing international inspections of its civilian nuclear reactors and pave the way for the India-US nuclear deal to move forward. 01 Aug 2008
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Get ready to pay more: Banks hike prime lending rates Close on the heels of India's central bank's move of hiking interest rates, many public and private sector banks have raised benchmark lending rate which would make corporate, home, personal and auto loan costlier, slowing down credit demand. 01 Aug 2008
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Tough times ahead: India's inflation rate climbs to 11.98 percent India's wholesale price index (WPI)-based inflation rate rose to 11.98 percent in the 12 months to July 19, higher than previous week's figure of 11.89 percent, government data showed on Thursday, giving rise to concerns that the central bank would move again to increase interest rates in its mission to tame inflation. 01 Aug 2008
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BSE Sensex climbs 69 points, posts second monthly gain in 2008 The Bombay Stock Exchange (BSE) Sensex climbed 0.48 percent in a choppy market on Thursday as investors weathered rise in global crude oil prices and braced for new inflation rate. 31 Jul 2008
