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Consumers hit hard, prices of basic goods rise Retail stores famous for giving huge discounts shy away from new offers. Golden opportunity: Mint money as inflation climbs The traditional remedy for inflation is gold. When inflation soars so does gold. Double trouble: Inflation at 11.05%, highest in 13 years Inflation rate highest since May 6, 1995, when it was 11.11 per cent. Exclusive: Mallya picks up fight with A-I top brass CNN-IBN has access to mails exchanged between him and Air India. Left, traders' body up in arms over ICRIER report ICRIER report on organised retail says it is actually good for the system. Oil extends fall on China fuel price hike Oil slipped further on Friday, after a nearly $5 plunge on Thursday. India positive & second in consumer confidence index AC Nielson survey tracks consumer confidence in 51 markets. Plane good news: Board domestic, fly international Indian carriers will soon compete with international ones, lowering fares. Tax evasion is Sahara's doing, not ours: Jet tells taxman The Income Tax department has demanded Rs 200 cr as tax from Jet. New private airlines likely to get international wings Clause restricting new airlines from operating international flights may go. Pfizer, Ranbaxy settle dispute over Lipitor The move will give Ranbaxy access to over $1 billion in sales revenue. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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