Inflation rises to 11.63%, bond yield at 7-year high

Inflation accelerated to a fresh 13-year high of 11.63%, pushed up by rising prices of fruit & vegetables and fuel despite government attempts to keep the price line at a comfortable level. The cost of borrowing for 10 years climbed to the highest level since 2001 as t he yield on the benchmark 2018 bonds, reflecting the inflation trend and expectations, soared to a seven-year high of 9.18%, intra-day.

FMCG majors mull another round of price hikes

You’ll have to shell out more for your toilet soap and detergents now, and even for your daily cup of tea, since it’s time for another round of price hike in the Rs 82,000-crore Indian fast moving consumer goods industry.

Left exit may give PM a chance to push reforms

Prime Minister Manmohan Singh may have just got himself a double deal. It is not just for the Indo-US nuclear deal, but prospects are suddenly bright for the government’s long suspended reforms agenda as well, thanks to the expected exit of the Left from UPA.

Polls rumblings in ear, Lalu rushes key projects

While the fate of the UPA government is yet to be decided, railway minister Lalu Prasad has begun wrapping up all major projects, especially his pet projects like rail factories, dedicated freight corridor and modernisation of the New Delhi station.

Wait for tax status gets longer for PF trusts

Ranbaxy Laboratories. Bharat Heavy Electricals Ltd, Sapient Corporation. Balrampur Chini Mills. Mc-Cann Erickson India. Doon School. Institute of Economic Growth.

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FMCG majors mull another round of price hikes

Left exit may give PM a chance to push reforms

Polls rumblings in ear, Lalu rushes key projects

Wait for tax status gets longer for PF trusts