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Inflation up at 11.63 per cent This is the highest in more than 13 years, above the previous week's 11.41 per cent. Beggars also feel the inflation pinch! Life for scores of beggars at the city's traffic intersections is no longer good. Will MTN extend R-Comm exclusivity deadline? Reliance Communications and MTN entered into a 45-day period of exclusive talks on May 26. No hike in petroleum prices till October Oil Ministry officials say they will review the situation in October. Crude oil price touches $146 a barrel Advisor to Minister of Petroleum, Saudi Arabia, blames speculation for price rise. Oil hike leaves airlines, airport operators bleeding Companies like GMR and GVK are reducing estimated airport revenues. Steel producers hold prices, consumers suffer Consumers are getting steel at 10-15 per cent higher price. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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