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Home -> Finance -> News

NATIONAL
Industrial growth slows to 8 pc during 2005-06
The growth in industrial production has slowed down to 8 per cent during 2005-06 compared to 8.4 per cent in the previous fiscal.

INTERNATIONAL
Arcelor files US lawsuit against Lakshmi Mittal
Arcelor SA said today (May 12, 2006) it had filed a lawsuit in the United States against Mittal Steel Co. for copying a type of steel for the auto industry.

Oil prices rise on intensified supply concerns
Crude oil futures jumped above US$ 73 a barrel on intensified supply worries, after police said gunmen in Nigeria kidnapped at least two foreign oil workers from a bus in a second day of attacks targeting such workers.