| HindustanTimes.com - Top Business News Headlines |
| • China overtakes Japan as No.2 economy |
| China has overtaken Japan to become the world's second-largest economy after the United States, the country's chief currency regulator said in remarks published today. |
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| • Daiichi Sankyo Q1 profit jumps, led by Ranbaxy |
Daiichi Sankyo, Japan's No. 3 drugmaker, said on Friday that its first-quarter recurring profit jumped nearly tenfold and kept its annual outlook, crediting its Indian arm Ranbaxy for the rise in profit. |
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| • Rs.4,868 crore compensation to public sector banks |
| The government today approved compensation of Rs.4,868 crore to public sector banks for providing loans to farmers at lower interest rates. |
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| • ONGC hits a month's low on poor Q1 show |
| State-owned Oil and Natural Gas Corp (ONGC) today tanked nearly 2 per cent to a month's low before making a marginal recovery in the early trade, a day after it reported a 24.5 per cent decline in its net profit for the quarter ended June 30. |
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| Updated: 35 minutes ago |
