Business

December 15, 2014 8:41 PM

Wholesale price index- based inflation drops to Zero pc in Nov

The annual rate of Inflation, measured on Wholesale Price Index, for November dropped to zero per cent from 1.77 per cent in October. According to official data released today, the index of food articles group fell to nearly three year low of 0.63 per cent, due to lower price of bajra and tea, ragi ...

December 15, 2014 2:54 PM

WPI Inflation drops to zero per cent in November

Due to the sharp decline in food articles and fuel prices the Wholesale price index -based, WPI inflation in November has plunged to zero percent form 1.77 percent in October last month. This is the lowest WPI inflation rate form the last five and half years. The WPI inflation in November 2013 stood...

December 15, 2014 12:55 PM

WPI Inflation drops to zero per cent in November

The annual rate of Inflation, measured on Wholesale Price Index, for November dropped to zero per cent from 1.77 per cent in October. According to official data released today, the index of food articles group fell to nearly three year low of 0.63 per cent, due to lower price of bajra and tea, ragi ...

December 14, 2014 6:35 PM

Over 1 lakh cr rupees pumped by FIIs into stocks so far in 2014

The foreign institutional investors, FIIs have pumped in over one-lakh crore rupees into stocks so far in this calendar year. Foreign Institutional Investors, FIIs, made a net investment of nearly 1.1 lakh crore rupees into equity market so far in 2014 and a further 1.6 lakh crore rupees into debt m...

December 14, 2014 12:00 PM

US Senate passes 1.1 trillion dollar spending Bill

The U.S. Senate has passed a 1.1 trillion dollar spending Bill which narrowly cleared the House of Representatives on Thursday and survived a series of procedural hurdles to pass the Senate 56 votes to 40 late Saturday. It averts a federal government shutdown and funds the government through the fis...

December 13, 2014 4:12 PM

Gold up by Rs 40 to Rs 27,350 per ten grams

Gold rose 40 rupees, to 27,350 rupees per ten grams at Delhi's bullion market, on Saturday, on a rise in wedding season demand from jewellers. But silver lacked necessary buying support from industrial units, and declined 275 rupees, to 38,285 rupees per kilo. Silver coins spurted 1,000 rup...

December 13, 2014 2:00 PM

Oil price falls further on IEA energy forecast

The price of oil has fallen further after the International Energy Agency forecast weaker demand in 2015. The IEA, a consultancy to 29 countries, said supply and demand would take some time to respond to sharp falls in oil prices. It said it was too early to expect low oil prices to start constricti...

December 13, 2014 8:47 AM

Oil price falls further on IEA energy forecast

The price of oil has fallen further after the International Energy Agency forecast weaker demand in 2015. The IEA, a consultancy to 29 countries, said supply and demand would take some time to respond to sharp falls in oil prices. It said it was too early to expect low oil prices to start constricti...

December 12, 2014 10:20 PM

Forex reserves decline to $314.6 billion

India's foreign exchange reserves have dropped by a massive 1.649 billion US dollar to 314.661 billion dollar in the week to December 5. According to RBI data released today stated the forex reserve have fallen due to decline in the Foreign Currency Assets (FCAs), which is a major constitue...

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