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Crude shock: $128 a barrel sends Saudis panicking OPEC kingpin agrees to boost output by 300,000 barrels per day. Microsoft proposes alternative deal to Yahoo Source says that Yahoo was responsive to Microsoft's latest proposal. No new LPG connections: PSU oil firms Stopping issuance of new LPG connections would help limit the cylinder loss. Taxman hopes to score in IPL, sends notice to BCCI Foreign players will have to pay income tax according to the applicable tax slab. Inflation rises to 44-month high, at 7.83 pc Last week the wholesale price index rose to a 42 month high. RIM to resolve BlackBerry issue in a month’s time The govt has held a series of meetings with RIM and mobile operators. Jaipur blasts won't affect investment climate: FM Investment rate in India was over 36 per cent during last fiscal. Mumbai house prices soar but no shortage of takers No wonder real estate developers are unwilling to give in to the latest slump. Prices won't land; buy that Bangalore house now Even though the rate increments have slowed down, the prices won't drop. Toyota agrees 30 per cent plus steel price hikes Toyota agrees to pay top steelmakers over 30 per cent more sheet of steel. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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