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Steel Authority of India (SAIL) on Thursday reported a 34 per cent decline in its net profit at Rs. 1,107.47 crore for the October-December quarter as against Rs. 1,675.55 crore recorded in the year-ago period. However, revenue during the quarter rose by 17.5 per cent to Rs. 12,276.81 crore from Rs. 10,447.63 crore recorded... 

CHANDIGARH: Retail prices of onion are set to move further upward by Rs 5 to 7 per kg in Punjab following the ban imposed by Pakistan on onion exports to India via the Wagah-Attari land route, vegetable traders said today. “Definitely, there is a going to be pressure on retail rates of onions after the ban imposed on... 

The ever increasing Indian car market has not disappointed the car makers at the dusk of the year 2010. The major breakthrough came from the giants like Maruti Suzuki, Tata Motors and M&M among the Indian companies. By now these companies are geared up to combat the facing challenges ahead with the expansion plans and new... 

NEW DELHI: Housing regulator, NHB, which is awaiting USD 500 million loan from the World Bank for low cost housing, today said property prices would rise in the next one year, but that would result in correction in these rates in all the metros subsequently. “In the next one year, property prices would be moving northwards... 

Indian batsman Sachin Tendulkar has closed the gap on Sri Lanka captain Kumar Sangakkara to just two ratings points at the top of the Reliance Mobile ICC Test Rankings following his 50th Test century in the Centurion Test which finished on Monday. Tendulkar now has an excellent opportunity to overtake Sangakkara in top spot,... 

Although it’s easy to calculate the impact of additional greenhouse gasses on the temperature, these simple calculations don’t capture the potential for feedbacks in the system. The easiest feedback to understand is the ice-albedo response. As temperatures rise, ice melts; that ice normally reflects back most of... 

The promises countries have made to control carbon emissions will see temperatures rise by up to 4C during this century, a UN report concludes. The report, from the UN Environment Programme (Unep), comes days before the opening of this year’s climate summit. It concludes there is a significant gap between what science... 

The world’s biggest retailer, Wal-Mart, has reported a 9% rise in profits thanks to strong sales overseas. Profit in the third quarter rose to $3.44bn (£2.15bn) compared with $3.15bn for the same period last year. Sales in the US fell for the sixth month in a row as American shoppers continued to feel under pressure. However,... 

AHMEDABAD: The roar of lions showcased by superstar Amitabh Bachchan in the Gujarat Tourism campaign seems to be yielding fruitful results for the Gir Sanctuary. The sanctuary has witnessed such a good response from the tourists that it is completely booked for the fortnight till November 15 – a record in the last 15 years... 

The markets have closed lower failing to capitalise on the exuberance of Thursday. The Sensex declined 94 points to 20,165 and the Nifty ended 35 points lower at 6,066. Ambareesh Baligh of Karvy said that the markets rose on Thursday on the assumption that money from the Coal India IPO would come back to the secondary market....