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Inflationary pressure will be there, says FM
Terming inflation turning positive after a gap of three months as "expected", Finance Minister Pranab Mukherjee today said inflationary pressure would rise further in the days to come.

M&M open to alliance in two-wheeler space
Market leader in utility vehicles in India, Mahindra & Mahindra (M&M), today said the company was open to alliance in the two-wheeler space, but nothing is on the anvil.

News of the day

Another accident, one killed
In yet another mishap involving the Delhi Metro, a labourer was killed after he was hit by a steel beam being lifted by a crane at an under-construction metro site in west Delhi early this morning. The incident took place at 5.45 am at Ashok Park Metro station in Punjabi Bagh.
Business Ideas

Sensex regains 17K mark

The Sensex has now re-gained the 17,000 mark and is now at 17,007, up 376 points. The NSE Nifty is at 5,061, up 119 points. Jaiprakash Associates, Bharti Airtel, Tata Power and ICICI Bank added over 2.5% each at Rs 221, Rs 292, Rs 1,361 and Rs 874, respectively. The other prominent gainers include Mahindra & Mahindra, HDFC, ONGC, DLF and TCS, up 2% each. All the sectoral indices are now in green, the metal index has soared 3% to 16,241, followed by realty and TECk indices, up over 2% each. The market breadth is positive, out of 2,523 shares traded, 1,903 have advanced and 559 have declined on the BSE so far.


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