Inflation crosses 6 per cent, seen steadying
The year-on-year inflation measured by the wholesale price index (WPI) rose to 6.31% in the week ended May 6 from 5.94% in the previous week and at its highest since December 19, 1998.



Japan's economy may already be heading back down
Japan's stop-go economy could already be screeching to a halt once more after a quarter of runaway growth, Finance Minister Kiichi Miyazawa said on Sunday.



KPG, Total in race to buy 26% stake in MRPL
Kuwait Petroleum Group (KPG) is leading the race to acquire 26% stake in Mangalore Petroleum and Petrochemicals Ltd (MRPL), as the third partner. Aditya V Birla group and Hindustan Petroleum are other two partners in the 9 mmtpa refinery having 26% stake each.



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Company law settlement scheme introduced