SBI raises benchmark lending rate by 50 basis points

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New Delhi, Aug 16 (PTI) State Bank of India, the
country's largest lender, Monday raised benchmark lending rate
by 50 basis points to 12.25 per cent, making home, vehicle and

Pranab hopeful of further decline in inflation

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New Delhi, Aug 16 (PTI) Finance Minister of India Pranab
Mukherjee expressed confidence that inflation would come down
further even as the rate of price rise after a gap of five

TATA-AMBANI 2LST

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The market wealth of the top groups has been shaken in
the past few days, especially due to a sharp rally in some
Tata group stocks such as Tata Motors and Tata Steel, as well

PAK-QURESHI 2LST

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"The Islamabad meeting did provide us a good opportunity
to put across our respective positions frankly and honestly.
It, therefore, served a useful purpose," Qureshi said.

Violence won't benefit anyone: PM to Kashmiris

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New Delhi, Aug 15 (PTI) Indian Prime Minister Manmohan
Singh Sunday told agitating youth in Kashmir that violence
will not benefit anyone and that the government, within the

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