FDI slips by over 43 per cent in May
Today, July 29, 2009.
India's foreign direct investment (FDI) declined by over 43 per cent to around USD 2.2 billion in May, 2009, compared to USD 3.9 billion in the same period last year on account of global recession

HDIL net profit dips 66 per cent
Today, July 29, 2009
Housing Development and Infrastructure Ltd (HDIL) on Wednesday reported a 66.19 per cent fall in its net profit to Rs.107.47 crore in the quarter ended June 30, compared to Rs.317.94 crore in the same period last fiscal.

Signs of time: Single digit growth for software exports!
Today, July 29, 2009.
Signs of time: Single digit growth for software exports!IT-BPO export revenues will grow by 4-7% in FY09-10, a new low for the $60-bn industry that grew 16.3% last year. India's software industry I MNCs in India.

European stocks flat at open
Today, July 29, 2009.
Europe's main stock markets opened flat on Wednesday, with London's benchmark FTSE 100 index of leading shares slipping just 0.02 per cent to 4,527.55 points.

RBI may hike rates at end of 2009/10
Today, July 29, 2009.
UBS expects India's central bank to hike rates only in the last quarter of fiscal year 2009/10 even though it sees economic activity reviving from September onwards, it said in a note on Wednesday.