Painting a much gloomier picture of the economy, the US central bank has indicated it would take no new steps to stimulate the economy other than to keep interest rates low for at least two years.

Former ICICI Venture boss Renuka Ramnath, who set up on her own, has completed her first private equity deal.

Energy major Reliance Industries said on Tuesday it has received approval from the government for selling stakes in some of its oil and gas blocks to BP Plc for $7.2 billion. Last month, the

Markets: There's panic in the markets, and crisis in the euro zone. The first reflects fears of global recession. That would be panic-worthy, but is still only a threat, not a reality, and

It played out on two tracks, the struggle to head off a national default. One was for show. The other was for real. That's how most big things happen in Washington.

Google Inc.'s latest deal aims to help people find the best daily deals on the Web.

In a matter of days, investor relief that the United States avoided default has been replaced by fears Europe's debt crisis is deepening and the world's biggest economy may be slipping back into

As the US avoided a disastrous default hours before the midnight deadline, two major ratings agencies reaffirmed the federal government's AAA rating, but warned America wasn't out of the woods yet.

The United States stepped back from the brink of default on Tuesday but congressional approval of a last-gasp deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and