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Soaring valuations that have tracked the commodities boom ignored whether companies were likely to turn a profit or have enough proven resources, warns industry veteran

Peer Steinbrück, Germany's finance minister, said he disagreed with French criticism of the European Central Bank and supported the ECB's independence from political pressure although he hinted that he was not entirely satisfied with its decision last week to raise interest rates

It's finally curtains for the tenuous-and often turbulent-four-year relationship between the UPA alliance and the Left. Underscoring the disparity between the two over key policy matters, particularly economic, the Left on Tuesday announced that it would withdraw support to the UPA by formally handing over a letter to that effect to President Pratibha Patil on Wednesday.

Group of Eight leaders said rising oil and food costs pose a "serious challenge'' to the global economy, indicating inflation has become their primary concern.

SunTec, recently in headlines for wiring up Axis Bank's relationship-based customer billing, has found an unlikely domain of vehicle leasing.

Investment banking fees drop 32% between January and June; SBI tops league table.

The group is promoting a $2-billion yet-to-be named fund as a standalone entity, and not as part of Reliance Capital, sources said.

The European Union agreed in principle to publish weekly oil stocks data in an attempt to inject more transparency into a market where prices regularly touch record highs

Two of Europe's biggest oil and gas companies, Total and Eni, each plan to bring nuclear power to countries in the Middle East