Oil declines in Asia on IEA lowering global demand forecast

Oil prices declined in Asia today after the International Energy Agency lowered its global demand forecast while data showed an increase in US inventories. New York's main contract, light sweet crude for delivery in April dropped 25 cents to 92.27 dollars a barrel and Brent North Sea crude ...

Rupee down 10 paise at 54.40 vs dollar in early trade

The rupee today weakened by 10 paise to 54.40 against the dollar in early trade. The fall is attributed to increased demand for the US currency from oil importers.Forex dealers said besides dollar's gains against other currencies overseas on strong US retail sales data, increased demand fro...

Sensex snaps three-day losing streak, up over 46 points in early trade

Snapping a three-day losing streak, the BSE benchmark Sensex today recovered by over 46 points in early trade on emergence of buying by funds amid a mixed trend in other Asian bourses. The 30-share index, which had lost nearly 321 points in the previous three sessions, recovered by 46 points, to 19,...

G-20 must recapitalise multilateral development banks to fund infra projects: Montek

Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Wednesday that G-20 countries should recapitalise multilateral development banks to fund infrastructure projects. Mr Ahluwalia said multilateral development banks, especially the World Bank, should significantly expand their lending ...

Fare war: AI offers prices close to AC trains

Air India on wednesday launched a 60-day advance purchase fare scheme in a bid to woo travellers on its domestic network offering prices close to AC train fares. These tickets are now available for sale on various routes operated by Air India. In its statement, the airline said that customers availi...

IFC to aid PPP project development in Madhya Pradesh

Maha govt to allot 25% of state budget for schemes to provide potable water to drought areas

Anand Sharma holds talks with exporters to firm up steps to boost exports<br/>

Commerce and Industry Minister Anand Sharma held consultations with exporters today to firm up steps to boost exports which have been impacted by global slowdown ahead of the next Foreign Trade Policy, FTP. During the meeting, Apparel Export Promotion Council and Federation of Indian Export Organiza...

Sensex falls 202 points to close at 19,362

Sensex at the Bombay Stock Exchange fell for the third straight day by losing 202 points to end at a one-week low of 19,362 on sustained profit selling, amid a weakening global trend. After losing 118 points in the last two sessions, the Sensex dropped further by 202 points to 19,362 led by banking ...

Sensex down for third day; falls 202 points

Sensex at the Bombay Stock Exchange fell for the third straight day by losing 202 points to end at a one-week low of 19,362 on sustained profit selling, amid a weakening global trend. After losing 118 points in the last two sessions, the Sensex dropped further by 202 points to 19,362 led by banking ...