<?xml version="1.0" encoding="ISO-8859-1"?> 
<rss version="0.91">
 <channel>
  <title>rediff Business</title> 
  <link>http://www.rediff.com/money/index.html</link> 
  <description>India's largest news and entertainment service online.</description> 
  <language>en-us</language> 
  <pubDate>Tue, 18 Jun 2013 23:15:01 GMT</pubDate> 
  <copyright>Copyright: (C) 2011 Rediff.com India Limited. All Rights Reserved.</copyright> 
 <image>
  <title>rediff.com</title> 
  <url>http://www.rediff.com/uim/red_log.gif</url> 
  <link>http://www.rediff.com/</link> 
  <width>144</width> 
  <height>28</height> 
  <description>Visit rediff.com</description> 
 </image>

<!--18-06-2013:20:54:42-->
<item>
  <title><![CDATA[Govt to review executive salaries at companies]]></title> 
  <link>http://www.rediff.com/business/report/govt-to-review-executive-salaries-at-companies/20130618.htm</link> 
  <description><![CDATA[The government is looking to review the guidelines governing executive pay practices at the companies to bring them in tune with the changing times in terms of the economic advances in the country.]]></description> 
  <image>http://im.rediff.com/money/2011/feb/02pvt4.jpg</image>
</item>
<!--18-06-2013:20:54:42-->
<item>
  <title><![CDATA[Govt should stick to retail FDI norms: CAIT]]></title> 
  <link>http://www.rediff.com/business/report/govt-should-stick-to-retail-fdi-norms-cait/20130618.htm</link> 
  <description><![CDATA[The government should stick to the recent clarifications released on FDI in multi-brand retail trading and not ease the conditions for foreign retailers.]]></description> 
  <image>http://im.rediff.com/business/2012/sep/28re3.jpg</image>
</item>
<!--18-06-2013:20:54:42-->
<item>
  <title><![CDATA[Govt panel for hiking FDI limits in defence, retail, telecom]]></title> 
  <link>http://www.rediff.com/business/report/govt-panel-for-hiking-fdi-limits-in-defence-retail-telecom/20130618.htm</link> 
  <description><![CDATA[A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.]]></description> 
  <image>http://im.rediff.com/money/2009/feb/27pic2.jpg</image>
</item>
<!--18-06-2013:20:39:47-->
<item>
  <title><![CDATA[RIL overtakes ONGC to become second most valued co]]></title> 
  <link>http://www.rediff.com/business/report/ril-overtakes-ongc-to-become-second-most-valued-co/20130618.htm</link> 
  <description><![CDATA[Reliance Industries on Tuesday toppled state-run oil major ONGC to become the country's second most valued firm after TCS.]]></description> 
  <image>http://business.rediff.com/money/2009/jul/06sld9.jpg</image>
</item>
<!--18-06-2013:19:51:12-->
<item>
  <title><![CDATA[BJP blames UPA for wrong economic policies]]></title> 
  <link>http://www.rediff.com/business/report/bjp-blames-upa-for-wrong-economic-policies/20130618.htm</link> 
  <description><![CDATA[The Bharatiya Janata Party on Tuesday hit out at the government for the recent hike in petrol prices and alleged that this increase is a result of the UPA regime's wrong economic policies and not an outcome of any current global situation.]]></description> 
  <image>http://www.rediff.com/money/2012/mar/15ec11.jpg</image>
</item>
<!--18-06-2013:19:08:42-->
<item>
  <title><![CDATA[PIL filed in SC on US surveillance of Internet data]]></title> 
  <link>http://www.rediff.com/business/report/tech-pil-filed-in-sc-on-us-surveillance-of-internet-data/20130618.htm</link> 
  <description><![CDATA[It wants action against Internet companies for sharing information with foreign authority.]]></description> 
  <image>http://im.rediff.com/money/2013/jun/18nsa-head11.jpg</image>
</item>
<!--18-06-2013:19:05:48-->
<item>
  <title><![CDATA[CPI leader launches fresh attack on Moily over Reliance]]></title> 
  <link>http://www.rediff.com/business/report/cpi-leader-launches-fresh-attack-on-moily-over-reliance/20130618.htm</link> 
  <description><![CDATA[Launching a fresh broadside at Oil Minister M Veerappa Moily, CPI leader and MP Gurudas Dasgupta on Tuesday said no action has been taken against Reliance Industries for deliberately keeping natural gas output low and is instead being rewarded by a steep hike in prices.]]></description> 
  <image>http://im.rediff.com/money/2013/jun/14moily1.jpg</image>
</item>
<!--18-06-2013:18:50:47-->
<item>
  <title><![CDATA[Massive dollar buying sinks rupee to all-time closing low]]></title> 
  <link>http://www.rediff.com/business/report/how-the-rupee-fared-on-june-18/20130618.htm</link> 
  <description><![CDATA[Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.]]></description> 
  <image>http://im.rediff.com/money/2013/jun/18rs.jpg</image>
</item>
<!--18-06-2013:18:50:33-->
<item>
  <title><![CDATA[Class action suit filed against iGate over Murthy affair]]></title> 
  <link>http://www.rediff.com/business/report/class-action-suit-filed-against-igate-over-murthy-affair/20130618.htm</link> 
  <description><![CDATA[Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate employee.]]></description> 
  <image>http://im.rediff.com/money/2013/may/21phaneesh1.jpg</image>
</item>
<!--18-06-2013:17:48:15-->
<item>
  <title><![CDATA[Vodafone slashes data prices by 80%]]></title> 
  <link>http://www.rediff.com/business/report/vodafone-slashes-data-prices-by-80/20130618.htm</link> 
  <description><![CDATA[In a significant move, Vodafone India on Tuesday said it has reduced data charges by up to 80 per cent in three circles and the new cheaper rates will be rolled out nationally in a phased manner.]]></description> 
  <image>http://im.rediff.com/money/2012/jan/30voda4.jpg</image>
</item>
<!--18-06-2013:17:35:53-->
<item>
  <title><![CDATA[Rupee to remain under pressure in near term: D &amp; B]]></title> 
  <link>http://www.rediff.com/business/report/rupee-to-remain-under-pressure-in-near-term-db/20130618.htm</link> 
  <description><![CDATA[The rupee is expected to remain under pressure in the near term, given the strengthening of the dollar against major global currencies and widening of the trade deficit.]]></description> 
  <image>http://im.rediff.com/money/2011/dec/19nri3.jpg</image>
</item>
<!--18-06-2013:17:28:11-->
<item>
  <title><![CDATA[RBI eases rules for forex option premium payment]]></title> 
  <link>http://www.rediff.com/business/report/rbi-eases-rules-for-forex-option-premium-payment/20130618.htm</link> 
  <description><![CDATA[This facility will be available for cost reduction forex option structures in which the liability of the buyer will not exceed the net premium payable to the bank, RBI said in a notification. ]]></description> 
  <image>http://im.rediff.com/money/2013/jun/forex.jpg</image>
</item>
<!--18-06-2013:16:55:45-->
<item>
  <title><![CDATA[ONGC hires drilling rig for Rs 2.39 cr per day]]></title> 
  <link>http://www.rediff.com/business/report/ongc-hires-drilling-rig-for-rs-239-cr-per-day/20130618.htm</link> 
  <description><![CDATA[State-owned Oil and Natural Gas Corp (ONGC) has signed a contract to hire a long-idled ultra-deepwater drillship of US-based Transocean for $412,000 (about Rs 2.39 crore) per day.]]></description> 
  <image>http://im.rediff.com/money/2012/jul/31ongc2.jpg</image>
</item>
<!--18-06-2013:16:24:36-->
<item>
  <title><![CDATA[Gold, silver prices rebound on weak rupee]]></title> 
  <link>http://www.rediff.com/business/report/gold-silver-prices-rebound-on-weak-rupee/20130618.htm</link> 
  <description><![CDATA[While gold surged by Rs 230 to Rs 28,480 per 10 grams, silver gained Rs 250 to Rs 44,600 per kg on increased offtake.]]></description> 
  <image>http://im.rediff.com/money/2013/jun/gold21.jpg</image>
</item>
<!--18-06-2013:16:05:22-->
<item>
  <title><![CDATA[OMCs are bleeding now, tomorrow it may be our turn: ONGC chief]]></title> 
  <link>http://www.rediff.com/business/interview/interview-omcs-are-bleeding-now-tomorrow-it-may-be-our-turn-ongc-chief/20130618.htm</link> 
  <description><![CDATA[ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.]]></description> 
  <image>http://im.rediff.com/money/2013/jun/18sudhir.jpg</image>
</item>
 </channel>
</rss>
 