RBI warns on prices, CAD, rattles market

	RBI warns on prices, CAD, rattles market Reserve Bank of India (RBI) chief warned of upside risks to inflation and expressed worry over the country's high current account deficit on Thursday, denting hopes for rate cuts and sending bond yields to a two-week high and the rupee to a 10-month low.
	M&M net profit beats forecasts, higher sales help MUMBAI | Thu May 30, 2013 2:52pm IST. MUMBAI (Reuters) - Mahindra & Mahindra Ltd(MAHM.NS), India's biggest utility vehicle manufacturer, posted a forecast beating 1.7 percent rise in net profit for the three months ended March, helped by higher sales.
	Rupee slumps to new 10 month low Continuing its downslide, the rupee on Thursday lost 21 paise to end at new 10-month low of 56.38 on fag-end spurt in dollar demand after RBI Governor D Subbarao painted a dim macro economic picture fuelling fears of local currency plunging to record low ...
	Illegal phone tapping penalty may be hiked to Rs 2 crore from Rs 1 lakh The Department of Telecommunication (DoT), aiming to strengthen the framework for checking unlawful interception of phones, has suggested a steep rise in fine for illegal phone tapping to Rs 2 crore, from Rs 1 lakh at present. The agencies allowed to tap ...
	New pricing norms may hit pharma cos' near-term earnings: Icra READ MORE ON » WPI | The National | pharmaceutical industry | NLEM | market share | Indian market | india business. The proposed market-based pricing mechanism for the pharmaceutical industry is expected to impact near term earnings of companies. () ...
	Madras Cements Q4 net down 35 % Madras Cements on Thursday reported a 35 per cent decline in its net profit at Rs. 64.15 crore for the quarter ended March 31, 2013, on higher expenses. The company, which has 13 million tonne per annum (mtpa) capacity, had clocked Rs. 99.09 crore in net ...
	Power Finance Corporation Q4 profit climbs 58 per cent Power Finance Corporation (PFC) has reported a 58 per cent jump in profit after tax (PAT) at Rs 1,294 crore for the fourth quarter ended March 2013, helped by higher income and lower borrowing expenses. The state-run company, which primarily lends to the ...
	IOC logs 14.5 per cent rise in Jan-March quarter Indian Oil Corp, the nation's largest oil firm, on Thursday reported a 14.5 per cent rise in January-March net profit as it received fuel subsidy for more than one quarter during the period. Net profit in the March quarter rose to Rs 14,512.81 crore from Rs ...
	Monnet Ispat Q4 net profit down 36% at Rs 53.04 cr Monet ispat Net sales of the company declined by 19.41 per cent to Rs 432.23 crore during Q4. (Reuters). Related. Monnet Ispat close to acquiring coking coal mine in Columbia · Afghan govt, SAIL to ink concession pact in Jan · SC questions Centre authority ...
	Sail net profit declines 71.6% at Rs 446.53 cr in Q4 State-run steel major Sail has posted a 71.68% decline in its net profit at Rs 446.53 crore for the fourth quarter ended March 31, this year due to lower sales realisation and high interest cost. It had reported a net profit of Rs 1,576.98 crore in the same quarter ...