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Govt may tax you to bail out its oil firms Petroleum Minister Deora under pressure to find solution. Vodafone CEO Arun Sarin to step down in July Arun Sarin will hand over all work to his deputy, Vittorio Colao. SBI increases interest rates on domestic term deposit Interest rates on fixed deposits have been raised from 35 to 50 basis points. Reliance Communications now in talks with MTN Reliance quickly fill a void left after Bharti Airtel, pulled out of talks with MTN. India's fiscal deficit more than projected, says Reddy The RBI Governor's revelation showed that the Govt's outlook was optimistic. Blackberry vendor tells Govt can't share encryption keys RIM says its security structure does not allow any third party to read information. India's inflation rate could be 10 pc: The Economist The mag predicts an alarming double digit inflation rate by mid-summer. Fiscal pressures not fully reflected: RBI India aims to bring down its fiscal deficit to 2.5 per cent of GDP for the 2008/09. Inflation will not have adverse impact on UPA: FM Chidambaram praised the BJP-ruled Gujarat for solving the problem of electricity to farmers. MTN holds talks with Reliance Communication: WSJ Bharti Airtel said on Saturday that it had ended talks with MTN. Unilever to tackle serious Asian problem-Body odour Unilever is set to push its advertising campaign towards Asia's new generation. All about the money: What the retail boom means 400 new malls and 1,500 supermarkets are slated to come up in the next 3 years. Govt comes to the aid of bleeding oil PSUs Govt puts together a bail-out package, petrol, diesel to get dearer. Bharti Airtel hangs up on MTN over structure issues MTN proposed a structure that envisaged Bharti becoming its subsidiary. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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