Maruti Suzuki expects petrol-diesel sales gap to narrow fast

	Maruti Suzuki expects petrol-diesel sales gap to narrow fast With the gap between petrol and diesel prices narrowing with the rise in latter's rates, country's largest car-maker Maruti Suzuki expects petrol car sales to nearly match those of diesel models, according to a top official. "We had always expected this to happen, ...
	ECB Sees Longer Wait for Recovery The European Central Bank shaved its forecast for the euro-zone economy this year, following months of disappointing data that have pushed the prospect of a turnaround in the troubled region's fortunes further back toward the end of 2013. Enlarge Image ...
	Reliance to Invest $26 Billion Over Three Years Mumbai—Reliance Industries Ltd. Thursday outlined a three-year investment plan of 1.50 trillion rupees ($26 billion) to further expand its businesses which range from gas production and oil refining to selling groceries and vegetables. Enlarge Image. image ...
	Gold shoots to 5-week high; up Rs 430 on duty hike, global trend Gold prices on Thursday zoomed to a five-week high rising by Rs 430 to Rs 28,090 per 10 grams in the national capital on increased stockists buying, following government decision to hike import duty on the precious metal amid firm global cues. The trading ...
	RBI asked banks not to sell gold coins: Chidambaram RBI has advised banks not to sell gold coins to retail customers, Finance Minister P Chidambaram said a day after the government increased import duty on the metal amid widening Current Account Deficit. "I think the RBI has advised banks they should not ...
	P. Chidambaram wants every bank branch to hand-hold a Dalit entrepreneur Every bank branch should hand-hold a Dalit enterprise, as such a step can have a ripple effect not only on the economy but also on the society in general, Finance Minister P Chidambaram said today. Launching the first-ever Dalit industries-focused social ...
	L&T bags orders worth Rs 2000 crore Mumbai: Engineering major Larsen & Toubro (L&T) today said it has bagged orders worth Rs 2,002 crore across various business segments. The company's construction division L&T Construction has bagged orders in building and factories, water and ...
	Rupee off near one-year low against dollar BOMBAY: The rupee off the day's low of 57, the lowest since June 28, 2012, and trading at 56.85/86, weaker than its previous close of 56.7250/7350. Traders say good dollar selling by foreign banks pulls the pair off the highs. Some panic selling from ...
	India expands more than China, Russia, Brazil in May: HSBC Economic growth in emerging market economies remained sluggish in May, but India expanded at a better rate than the three BRIC peers. ET SPECIAL: To download ET mobile app, call 1800-200-5810. NEW DELHI: Economic growth in emerging market ...
	Rupee fall not a cause of alarm; will soon stabilise: FM Mumbai: Unfazed by the rupee touching psychological level of 57 against the US dollar, Finance Minister P Chidambaram on Thursday said there is no cause for alarm and the currency will soon find its stable level. "There is no alarm bell on the Rupee front.