Oil prices rose on Monday as investors grappled with the possible impact on crude demand of a US$700 billion US proposal to buy bad mortgage debt.
Light, sweet crude for October delivery was up US$1.82 to US$106.37 a barrel, after falling as low as US$103.35, in electronic trading on the New York Mercantile Exchange by mid-afternoon […]

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Collapse of the Lehman Brothers in the world’s biggest ever bankruptcy story may have sent thousands of its employees flocking the job market, but the 158-year-old American investment bank giant still seems to be in hiring mood.
Once known as one of the favourite places to work in the financial services space, especially due to its […]

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The principals of DreamWorks SKG have signed a long-expected deal with Reliance ADA Group of India to establish a new $1.2 billion film company, allowing the studio co-founded by director Steven Spielberg to leave Paramount Pictures.
The deal between DreamWorks and the Mumbai-based entertainment, financial and telecommunications conglomerate caps two years of speculation and feuding between […]

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The day of reckoning on fuel prices may be nearing for the UPA government, with crude briefly going below the $90/barrel mark in the London market on Tuesday as aftershocks of two collapsing US financial giants sent oil traders scurrying for cover against further fall in demand.
Though Indian oil purchases are more attuned to the […]

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Every night resting low on my cradle,
I find myself being lost
at the place I never wanted to be.
Lots of uncertainty in my thoughts,
What if I was not here?
Does this change the way I am?
 
Moments of fate playing roughly
Laughing on mistakes of my life.
Is it showing me the path,
the way I should be or
This is what […]

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