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Feb 14: Tata Motors profit jumps

  • Feb 14: Tata Motors profit jumps

    Feb 14: Tata Motors profit jumps

  • RIL gas output may fall

    Undated handout photo of India's Reliance Industries KG-D6's facility

    Gas output from India's Reliance Industries' D6 block may decline to 27 million standard cubic meters a day (mscmd) from April, compared with 37-38 mscmd now, an oil ministry source said on Tuesday.

    "This is what they have communicated to DGH," the source said, referring to the Directorate General of Hydrocarbons, the country's upstream regulator.

  • Inflation at 2-yr low

    Vendors sell fruits at a weekly vegetable and fruit market in the northern Indian city of Chandigarh

    Headline inflation fell to an over two-year low of 6.55% in January on cheaper food items, which may prompt the Reserve Bank to cut policy rates in the coming months.

    Headline inflation, as measured by the Wholesale Price Index (WPI), had stood at 7.47% in December 2011. It was 9.47% in January last year.

  • Boeing, Lion Air sign deal

    An Israel Aerospace Industries (IAI) Heron (Machatz-1), a medium-altitude long-endurance unmanned aerial vehicle (UAV), is pictured at the Singapore Airshow in Singapore

    Boeing Co said on Tuesday it signed its largest ever commercial airplane order with Indonesia's Lion Air in a deal worth $22.4 billion.

    Boeing said Lion Air, Indonesia's largest carrier by passenger volume, has ordered 230 airplanes, including 201 737 MAXs and 29 next-generation 737-900 ERs.

  • Moody's cut 9 Euro nation ratings

    The logo of credit rating agency Moody's Investor Services is seen outside the office in Paris

    Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria while it downgraded the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta.

    The rating agency said it was making the changes "in order to reflect their susceptibility to the growing financial and macroeconomic risks emanating from the euro area crisis."