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Inflation dips further to 8.9 percent
The inflation rate, which is on a downward spiral, slipped further to 8.9 percent.

Oil falls below USD53 on fears of recession
Oil prices fell below USD 53 to almost a two-year low on Thursday in Asia as investors, egged on by plummeting stock markets, priced in lower crude demand from a global economic downturn that`s shaping up as the worst in decades.

BSE Sensex joins Asian sell-off, tumbles over 400 points; Nifty below 2600
The BSE Sensex tumbled more than 5 percent on Thursday, led by losses in top-listed Reliance Industries and financial stocks, joining the rest of Asia in a broad sell-off.

 
 
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