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Crude oil soars to record high of $129 a barrel Prices rose after OPEC said it won't raise its output before the next meeting in Sep. Most B-schools score low in economics test Study says except for top 30 institutes, knowledge among faculty poor. India's IT growth to slow down, blame the West Downturn in Europe and US will have a mixed impact on India, says NASSCOM. Kingfisher awaits DGCA clearance for foreign flights Kingfisher will induct about 10 aircrafts to start flights from Bangalore to San Francisco and New York. Bangalore Inc miffed over closure of old airport They say the city's citizens and business prospects will suffer severely. Mukesh Ambani's salary swells to Rs 44 cr Ambani's annual remuneration was at a staggering Rs 30.46 crore, earlier. UPA waives off farmer loans, SBI stops loans Nationalised banks are shutting the tap on a sizeable portion of farm loans. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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