Thursday, July 3, 2008

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Crude oil price touches $146 a barrel
    NOT RIGHT: Advisor to Minister of Petroleum, Saudi Arabia, blames speculation for price rise.Advisor to Minister of Petroleum, Saudi Arabia, blames speculation for price rise.
Oil hike leaves airlines, airport operators bleeding
    SLIPPING ON OIL: Companies say unless ticket prices come down, their business model may be under threat. 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.
'Home Sweet Home' dream going sour? Wake up
    BANK ON US: Banks like ICICI and Axis offer the bullet payement option to customers.Home loan rates are up but there are alternative payment routes.
Airline begins laying off jobs to cut costs
    CUTTING COSTS: GoAir sacked at least seven employees in the last few days.      Seven employees of GoAir were asked to put in papers in the past few days.
Modest gain for equity markets in early trade
    MARKETS OPEN: Sensex opened with a gain of 13.63 points at 12,948.05.Sensex opened with a gain of 13.63 points at 12,948.05.

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