Business

According to the RBI's Financial Stability Report the housing credit growth fell to 2.3 per cent from 10.7 per cent a year ago.

Trivedi said that the government must sincerely consider helping railways at least on the safety issues.

The airline which has discontinued operations on its low cost arm Kingfisher Red also saw its revenues drop 5 per cent to Rs 1547 crore.

Dow has maintained until now that it is a separate company from Union Carbide and therefore, has no legal obligation to the legacy of the Bhopal gas disaster.

India remained the world's most optimistic market for the eighth consecutive quarter with a one point consumer confidence index increase to 122.

Factory output growth, as measured by the Index of Industrial Production, was at 8.1 per cent in December 2010.

Abu Dhabi's state-owned Etihad Airways and Qatar Airways said on Thursday they were not inclined to invest in Kingfisher.

The market managed to cross this psychologically important level after seeing consolidation in a range of 5,320-5,400 this week.

BJP spokesperson Rajiv Pratap Rudy sought to know from PM that why the GDP growth has come down to 6.9 per cent.

Jindal Steel Chairman Naveen Jindal is the top paid CEO with an annual income of more than Rs 67 crore.

In India, as well as in many other countries in Asia, the priority comes to raising private investment, said Anoop Singh.

Capital goods, technology, private banks and metals stocks, and Bharti Airtel helped the market.

Analysts say Facebook's valuation will fall between $85 bn and $100 bn, making it one of the biggest US market debuts.

Shares of Tata Global Beverages surged 6 per cent as investors gave a thumbs up to its joint venture.

The RBI operates liquidity adjustment facility (LAF) to help banks manage their liquidity position.

The airline's plans for its recapitalisation, restoring its curtailed services and safety issues came up for discussion.