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May 18: SBI Q4 PAT at Rs 4,050 cr

  • May 18: SBI Q4 PAT at Rs 4,050 cr

    May 18: SBI Q4 PAT at Rs 4,050 cr

  • April CPI inflation accelerates to 10.36%

    A labourer carries a packed basket of vegetables as a vendor waits for customers at his vegetables stall at a market in Kolkata

    India's consumer price inflation accelerated in April to 10.36%, making life harder for the RBI as it looks to kickstart a flagging economy, government data showed on Friday

    In March, consumer prices rose 9.47%

    Consumer price-based food inflation accelerated to 10.185 in April from 8.22% in February, driven by a rise in prices of vegetables, eggs and fish products

  • Oil hits 2012 low under $107 on euro zone turmoil

    A driver waits to pay while getting petrol for his vehicle at a gas station in Taipei

    Oil prices slipped below $107 a barrel on Friday and hit a 2012 low as investors fought shy of riskier, growth-oriented assets on fears that Greece would leave the euro. The downgrade of 16 Spanish banks by Moody's also added to the gloom

    Brent crude was down 59 cents to $106.90 by 0849 GMT after earlier slipping to its lowest level for the year at $106.40. U.S. crude was down 7 cents to $92.49

  • Nikkei slides, suffers worst weekly losing run since 2001

    A man looks at a stock quotation board outside a brokerage in Tokyo

    Japan's Nikkei average shed 3% on Friday to log a seventh straight week of losses, its longest such run since the third quarter of 2001, as investors sold stocks and other risky assets on concerns over slowing global growth and a deepening euro zone crisis

    The Nikkei fell 265.28 points to 8,611.31, taking its decline to 16% since hitting a one-year high on March 27. Should the benchmark extend losses next week, to around 8,200, it would technically enter a bear market

  • Investors brace for Facebook debut on Wall Street

    A Facebook application logo is pictured on a mobile phone in this photo illustration taken in Lavigny

    Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in US history

    Valued at $104 billion, Facebook is larger than Starbucks Corp and Hewlett-Packard combined, sparking intense speculation on how much higher its valuation will rise once shares start trading

    Facebook priced its offering at $38 a share on Thursday, but the price could be higher when shares begin trading under the FB symbol on the Nasdaq at around 11 a.m. Eastern Time


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