Updated: 24 May 2012, 10:34 IST

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24 May 2012 | 09:08 AM - The Indian rupee opened lower on Thursday at 56.18 against the US dollar continuing its downward slide.
24 May 2012 | 09:32 AM

State run OMCs such as BPCL, IOC and HPCL traded with strong gains. BPCL was the top Nifty gainer.

23 May 2012 | 08:33 PM

Oil companies on Wednesday announced a petrol price hike of Rs 7.50 per litre. Here are 10 facts on the hike.

24 May 2012 | 08:06 AM

In the last hour of trading, news crossed that the leaders of France and Italy favored using region-wide bonds to support Europe's economy.

24 May 2012 | 07:57 AM

The company expects to save $3 billion to $3.5 billion annually from the job cuts and other austerity measures.

24 May 2012 | 08:14 AM

On Wednesday, stocks closed up $1, at $32, still down nearly 16 percent from the IPO price.

24 May 2012 | 07:59 AM

Oil has tumbled more than 15 percent this month and is at its lowest level since Oct. 21.

23 May 2012 | 08:51 PM

The findings are interesting as they come at a time when India as well as the public has been for long painting the entire political class "corrupt".

24 May 2012 | 10:13 AM

HDFC's board has passed a resolution on May 18 approving the increase in the limit on shareholding by FIIs from 74% to 100% of the paid-up equity share capital.

24 May 2012 | 10:05 AM

Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion initial public offering.

24 May 2012 | 09:49 AM

BPCL gained 3 per cent, HPCL added 2.3 per cent, while IOC advanced 2.7 per cent.

24 May 2012 | 09:12 AM

The deep retracement indicates the downtrend is strong and pullbacks, if any, will be short lived.

24 May 2012 | 09:05 AM

The rupee is in a free fall. The Indian currency crossed the key level of Rs 56 to US dollar.

24 May 2012 | 08:44 AM

Asian markets traded with modest gains. Petrol price hike may support the rupee and OMCs may gain.

24 May 2012 | 08:22 AM

23 May 2012 | 09:04 PM

Since petrol is not subsidised as part of the budget, the benefit of higher prices will mainly go to the country's big three state refiners, say experts.

23 May 2012 | 09:01 PM

The chamber said the inflationary impact of such an increase is once for all and therefore transitory.

23 May 2012 | 08:47 PM

Oil marketing companies have raised petrol prices by Rs6.28 a litre, excluding sales/value-added tax.

23 May 2012 | 08:35 PM

This will result in inventory pile up of petrol vehicles as more and more consumers will opt for diesel vehicles.

23 May 2012 | 08:05 PM

In view of the impact of the declining value of the rupee, oil marketing companies on Wednesday hiked petrol prices by Rs 6.28 a litre, exclusive of sales and value-added tax. The price hike will have an immediate impact on prices but will not have knock-on impact on prices, said Planning Commission member Abhijit Sen.

23 May 2012 | 07:29 PM

Here's how petrol prices have moved over the years.

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