INFLATION TOUCHED 9%

Inflation touched 9%

Inflation rate with close to 9% reached its all time high in last 13 years and economists warn that it's still not the inflation peak, it may soar up to 9.2%. Wholesale price index, the most closely watched inflation measure in India touched 3.5 years high crossing RBI's target of 5.5% for the financial year 2008-09.

Audi all set to launch its A4 Sedan in July in India

Audi, one of the most renowned German car companies in the world, is all prepared to launch its A4 Sedan model in July in India. Presently it has A6, A8, Q7and TT running on Indian roads. The mid-sized sedan A4 with a length of 4.70 meters is priced at ` 29,00,000.

BSE tumbles down by 250 points

On Tuesday, 3rd June 2008, BSE Sensex lost more than 250 point dipping below the 16 K mark. Triggered by the fear of hike in fuel prices and weakening trends in global stock markets, sensex fell down to 15, 904.21. NSE Sensex did not show any good signs either and moved down by 32. 30 points it reached 4, 707. 30.

Major Business News from India during 2009 Possible Impact of Telangana on Business in Andhra Pradesh Bajaj Scooters to fade away from Indian roads Highlights on Economic Survey of India 2008-09 India's inflation slowed to a 13-week low of 11.99 percent Infosys Acquires Axon Tesco Makes Foray into Indian Market US billionaire pumps in $80 million for cash strapped SpiceJet SBI raises PLR to 12.75% RBI raise the Cash Reserve Ratio (CRR) to 8.75 percent Fuel to burn hole in common men's pocket - Petrol up by ` 5, diesel ` 3 a litre; LPG dearer by ` 50 Inflation touched 9%; Audi launch its A4 Sedan in July in India; BSE down by 250 points Papa John's Plans Expansion In India Infosys Records Net Profits of ` 4,659 Crores Prices Of Essential Drugs Expected To Fall India's Union Budget 2008-09 is Agri-Friendly Increase in Tax Exemption limit in Union Budget 2008-09 Economic Survey Report (2007 - 2008): Focus on FDI. Economic Survey Report 2007-2008: Inflation. Economic Survey Report 2007-2008: Exports. GDP growth will slow down to 8.7% for 2007-08. Economic Survey for 2007-08: Major Highlights on Fiscal Deficit "Cheap Fares and Record Cash Surplus" are Core of Railway Budget 2008. US Recession is Likely to hit Global IT Industry including India's Outsourcing Companies. BSE Benchmark Sensex up by 1103 points. Ratan Tata Unvieled ` 1 Lakh Car at the 9th Auto Expo in New Delhi Reliance Power Ltd is to Raise up to $ 2.9 bln in IPO CRR Hiked But Stalemate Continues in Rates India's Direct Tax Collection Grew By 41.2%. Indian Economy Experiences a Sustainable Growth Rate Investors Welcome Extended Trading Hours in Indian Bourses World Economic Forum Davos