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Oil prices set new record
NEW YORK: Oil futures climbed briefly to a new record above $142 a barrel on Friday on expectations that the weakening dollar, a major factor in crude’s stratospheric rise, will extend its decline and add to oil’s appeal. ...

Reliance Infra bags Rs. 12,800 cr. contract
NEW DELHI: In what could be termed as intra-company transaction, Anil Dhirubhai Ambani owned Reliance Infrastructure `bagged’ the Rs. 12,800-crore engineering, procurement and construction (EPC) contract for the 4,000 MW Sasan Ultra Mega ...

State Bank hikes deposit rates
MUMBAI: A day after it hiked the lending rate, State Bank of India on Friday announced an increase in fixed deposit rates by up to 75 basis points, effective from June 30. For deposits with a duration of 181 days but less than a year, ...

Charitable trusts can invest overseas
Only registered bodies are eligible

Power Grid to execute 3 projects in Myanmar
India gives $124 m credit

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