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  • Government may have to cut prices as spectrum auction finds only one taker

    Government may have to cut prices as spectrum auction finds only one taker

    Sistema emerged as the only operator bidding in an auction of airwaves in India, a sign that the government may have to drop the reserve price of remaining airwaves to attract interest, analysts said.
  • India's grain mountain grows despite push for exports

    India's grain mountain grows despite push for exports

    India will be unable to consume or export enough wheat and rice to rein in a record stockpile after another bumper harvest, a failure that means crops risk rotting in fields instead of being sold on world markets to cash in on higher prices.
  • Oil falls to $ 92.22 on economic jitters, Italy election

    Oil falls to $ 92.22 on economic jitters, Italy election

    Benchmark crude for April delivery was down 89 cents at $92.22 per barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 2 cents to settle at $93.11 on Monday.
  • Dual diesel prices at petrol pumps tough to implement: Chidambaram

    Dual diesel prices at petrol pumps tough to implement: Chidambaram

    Finance Minister P Chidambaram on Tuesday said it is difficult to charge a market price for luxury cars and a subsidised price for farmers and transport trucks at the same petrol pump.
  • Anand Sinha's term as RBI deputy governor extended

    Anand Sinha's term as RBI deputy governor extended

    The apex bank on Tuesday said Anand Sinha will continue as deputy governor until January 18, 2014.

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