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Oil prices surge, touch new record at $139 a barrel That gloomy outlook sent stocks tumbling, Dow Jones fell 400 points. Oil turmoil fuels job cut fears in US The unemployment rate jumped from 5 to 5.5 per cent, the biggest increase in 22 years. Govt struggles to find an Insurance regulator IRDA chairman CS Rao retired a month ago and his replacement is yet to be found. Oldest Indian airline Air India turns 60 Air India started international flights to London via Cairo and Geneva. Imported cooking oil prices push up inflation The market was estimating the figure to settle at 8.25 per cent. Green is the new colour of IT in Bangalore IT biggies like Infosys, Wipro and TCS are developing eco-friendly campuses. Mr & Mrs X: investor couples dupe clients of crores Authorities hunt for Sudhir and Madhu Jhunjhunwala, accuse them of fraud. Fare enough: Fuel price down but not ticket rates The aviation industry is likely to incur a loss of $2 billion this year. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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