Hat Yai: Suspected Muslim insurgents set off coordinated bomb blasts as shoppers gathered for lunch on Saturday in a busy hub of Thailand’s restive south, killing eight people and wounding 68, officials said. The casualty count made it one of the largest attacks in months in the tr…

Read More..

State-owned oil firms are pushing for at least Rs 3 per litre hike in petrol price from April 1 to cover part of the spike in cost of raw material. “We are losing Rs 6.43 per litre on petrol and after adding 20% sales tax, the desired increase in rates in Delhi is Rs 7.72 per litre…

Read More..

Setting at rest the uncertainty about overseas investments, Finance Minister Pranab Mukherjee today said that persons investing in stock markets through participatory notes (P-Notes) will not have to pay taxes in India, an assurance that pushed up the markets. “Indian tax authority…

Read More..

Some of the leading foreign institutional investors (FIIs) are telling clients not to take any new positions in Indian shares till clarity emerges on norms related to the taxation of indirect transfers of assets and General Anti-Avoidance Rule (GAAR) in the Finance Bill. Hong Kong-based …

Read More..

Even while Rs 64,000 crore worth of investor money has been blocked in companies suspended from trading by stock exchanges, the Bombay Stock Exchange (BSE) has only made it difficult for retail investors to exit from more companies. BSE has suspended 49 companies from trading on its platf…

Read More..

Experts look for answers on how the ‘horrendously expensive’ Tatra got approved year after year The electrifying revelation by Chief of Army Staff General V K Singh that he was offered a bribe of Rs 14 crore — apparently to sanction the purchase of 600 Kolos Tatra high-mobility veh…

Read More..

Asian shares edged up on Monday, finding some support after losing ground last week on fears of the impact of an economic slowdown in China, and the euro held near a three-week high. Commodity-linked currencies such as the Australian dollar steadied after a hammering last week on concern…

Read More..

By Nick Edwards BEIJING (Reuters) – China’s economic momentum slowed in March as factory activity shrank for a fifth straight month, leaving investors fretting about the risks to global growth and anticipating fresh policy support from Beijing. The HSBC flash purchasing mana…

Read More..

All of Wall Street’s wildly bullish calls on stocks may be having just the opposite effect, driving wary mom-and-pop investors out of the market despite the long-standing rally. After all, they’ve been down this road before: One big-name analyst after another advocates a buy,…

Read More..

The much-awaited merger between Tech Mahindra and Mahindra Satyam is happening finally, with the boards of the two companies meeting tomorrow to finalise the details. The merger will create India’s fifth largest information technology services firm, with a combined revenue of over Rs 10…

Read More..