Q. Do Yahoo provides any Finance API? If yes, the what's the link to that API.
Answer
IMHO the best place to find this information is: http://code.google.com/p/yahoo-finance-managed/
I used to use the "gummy-stuff" too but then I found this page which is far more organized and full of easy to use examples. I am using it now to get the data in CSV files and use the files in my C++/Qt project.