Business news

India Warns of Potential Ban on EU Airlines over Carbon Tax Dispute

European airlines may risk an embargo from India's airspace, should Brussels impose sanctions on Indian carriers over carbon emissions. Brussels is facing the heat from several nations, including China, Russia, over an EU carbon emissions trading scheme that called for charging airlines over pollution. Civil aviation minister Ajit Singh hinted the possibility of a ban on EU carriers in an interview. May 25, 2012
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Sony Launches New Xperia NXT Smartphones in India

Popular electronics products manufacturer Sony launched its new Xperia NXT smartphones in India on Wednesday. Xperia NXT smartphones that includes Xperia U and P, and the Xperia Sola will now be available in India. May 24, 2012
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Petrol Price Hike: 5 things to Watch Out For

The announcement of the government to hike petrol price by Rs 7.50 per litre, which will come into effect on Thursday, has not gone down too well with the public and government allies. The Bharatiya Janata Party (BJP) is even planning a nation-wide bandh to demand immediate rollback of the petrol price hike. May 24, 2012
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