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RBI hikes repo, CRR by 50 basis points each This is RBI's measure to help curb inflation. IT's raining money, Infosys tops appraisal charts While Infy hiked pays by up to 100 pc, Wipro and TCS were less generous. Travel sector on downward trend, woos tourists Tourist flow from India to Singapore fell by 50 pc this year. Message from Down Under: India, 'U' won't get it | More Australia tells Pranab Mukherjee loud and clear: India won't get uranium. Vodafone tax hearing begins in Bombay HC The Court is to decide if Vodafone owes Government $2 billon for its takeover of Hutchison Essar. OPEC: Saudi to boost oil output The differences in the body of oil producers came to the fore on Sunday. Enough oil in market to meet demands: OPEC president OPEC remained divided on the issue of raising oil production. India warns the world: oil price may ruin all Chidambaram addresses energy ministers, urges action. Pump up oil production: India ministers to tell OPEC Saudi is hosting an International Energy Conference in Jeddah on Sunday. Little hope for action at Jeddah oil meet: Libya World oil powers gather for an emergency meeting in Jeddah. Is speculation the reason behind high oil prices? World's top energy producers and consumers are looking for ways to bring down oil prices. Consumers hit hard, prices of basic goods rise Retail stores famous for giving huge discounts shy away from new offers. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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