The Economic Times

Kingfisher Airlines starts operating new flight schedule

Thu, 23 Feb 2012 08:09:09 GMT

Facing severe turbulence, Kingfisher Airlines today started truncated operations in accordance with its new flight schedule.

Apple, Google, Amazon sign privacy accord

Thu, 23 Feb 2012 07:50:06 GMT

Six of the world's top consumer technology firms have agreed to provide greater privacy disclosures before users download applications.

European shares seen steady after 2-day drop

Thu, 23 Feb 2012 07:45:09 GMT

European shares were set for a steady open on Thursday following a two-session retreat which hasn't derailed the market's two-month positive trend.

Govt will try to achieve 7.5-8 pc growth next fiscal: Pranab

Thu, 23 Feb 2012 07:41:58 GMT

The government will endeavour to raise the economic growth rate to 7.5 -8 per cent in the next fiscal from about 7 per cent currently, Finance Minister Pranab Mukherjee said today.

Rupee treads water in thin trading on Thursday

Thu, 23 Feb 2012 07:41:28 GMT

Rupee was wedged in a tight trading band on Thursday as inflows from foreign investors were balanced by dollar demand from importers.

Practical savings: Consumers should be offered products backed by gold

Thu, 23 Feb 2012 07:35:12 GMT

A study shows that consumers should be offered simple financial products backed by gold or real estate assets to deepen savings.

Adani Group considering buying BG stake in Gujarat Gas

Thu, 23 Feb 2012 07:34:15 GMT

Adani group is evaluating the potential acquisition of BG Group Plc's stake in Gujarat Gas.

Asian shares ease as focus moves to growth, oil

Thu, 23 Feb 2012 07:27:57 GMT

Asian shares and the euro fell on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession.

2012 to be a very good year for Indian mkts: EPFR Global

Thu, 23 Feb 2012 07:23:47 GMT

In the long run though, India will see a lot more money. The emerging markets story has moved back to the front burner, says Cameron Brandt, EPFR Global.

How to get the best rates when home loan rates fall

Thu, 23 Feb 2012 07:19:44 GMT

ET guides you through the home loan maze for a hassle-free switch to a new lender who offers a lower rate of interest.

Gold seen topping 5-week high; copper down

Thu, 23 Feb 2012 06:54:33 GMT

Gold futures are likely to gain for the fifth session in a row, extending their rise past the highest level in more than five weeks.

Going green: New bottles from Coca-Cola & Pepsi to be 30% biomass-based

Thu, 23 Feb 2012 06:53:16 GMT

Instead of petroleum, Coca-Colawill use ethanol, a derivative of molasses, to make part of the PET bottle. Archrival Pepsi has similar plans for India.

Rupee down 5 paise versus dollar in early trade

Thu, 23 Feb 2012 06:41:04 GMT

The rupee fell marginally by 5 paise to 49.27 against the US dollar on the Interbank Foreign Exchange market in early trade today.

CCI approves Sasan Infra merger with Rel Power

Thu, 23 Feb 2012 06:10:20 GMT

Competition watchdog CCI has approved the merger of Sasan Power Infrastructure with its parent firm Reliance Power.

Men splurge on cosmetics to look good

Thu, 23 Feb 2012 05:26:15 GMT

The verdict is out. Men are rapidly converting to using products that were hitherto considered the domain of women.

NALCO offers $30 discount on aluminium products

Thu, 23 Feb 2012 05:25:27 GMT

India's state-run National Aluminium Co Ltd (NALCO) has offered a discount of 1,500 rupees ($30.45) per tonne on major categories of aluminium products, a company official said on Thursday..

Nearly 20% of $7 bn FCCBs face default risk in 2012: Fitch

Thu, 23 Feb 2012 05:05:53 GMT

Nearly 20% of the $7-bn FCCBs face default risk this year as investors demand funds back due to languishing stock prices.

Maruti Suzuki bets big on the new Dzire

Thu, 23 Feb 2012 05:01:14 GMT

Maruti Suzuki has said it expects the new Dzire to generate a higher market share in the entry-level sedan market.

Asia stocks fall amid Greek debt deal doubts

Thu, 23 Feb 2012 04:25:59 GMT

Asian stock markets were mostly lower on Thursday as investors fretted over the details of a deal to save Greece from financial.

Brent near $123 as Iran offsets slowdown concerns

Thu, 23 Feb 2012 04:19:55 GMT

Brent crude held steady on Thursday, near a nine-month high of about $123, as supply worries from heightened tensions between Iran and the West.

Goldman Sachs expects Brent to rise to $127.50

Thu, 23 Feb 2012 04:16:17 GMT

Goldman said it expects Brent crude prices to rise to $127.50 a barrel over the next 12 months in order to restrain demand growth.

Is UPA-2 drought hit as ministers say they have no discretionary powers?

Thu, 23 Feb 2012 03:40:18 GMT

"We have no power". That's the message from India's most powerful - ministers in the central government's Cabinet.

Big Bazaar's sales' recipe: Grind grain, cut vegetables at no extra cost

Thu, 23 Feb 2012 03:19:27 GMT

Big Bazaar is not just retailing grain, but grinding it, kneading the dough and even making chappatis for its consumers-at no extra cost.

Sebi sets up a separate cell to detect corp frauds

Thu, 23 Feb 2012 03:05:24 GMT

Market regulator Sebi has formed a separate team to detect financial or corporate frauds in a bid to beef up its investigation process.

Asian markets ease, focus moves to growth, oil

Thu, 23 Feb 2012 03:02:25 GMT

Japan's Nikkei average opened nearly flat. The euro stood at $1.3252, struggling to push beyond a near two-week high of $1.3293 reached on Tuesday.