China economy grows at slowest pace in 13 years

China's economy has grown at its slowest pace in 13 years as domestic and global demand weakened. Gross domestic product, the main measure of growth, increased by 7.8 per cent in 2012, down from 9.3 per cent in 2011. However, the figures also showed that the economy picked up pace in the la...

Rupee up 3 paise to quote 54.66 against dollar

Rupee recovered by three paise to quote 54.66 against US Dollar today. This follows renewed selling of dollars by banks and exporters amid sustained foreign capital inflows.

Gold falls Rs 175 on reduced off take

Sensex gains 146 pts to close at 19,964

Rupee gains three paise at 54.66 against dollar

The Indian rupee recovered by three paise to quote 54.66 rupees against the American currency in late morning trade today on renewed selling of dollars by banks and exporters amid sustained foreign capital inflows.The rupee resumed lower at 54.73 rupees per dollar as against the last closing level o...

CCEA nod for defreezing tariff values all edible oils; new notification as per int'l prices

The Cabinet Committee on Economic Affairs has approved to defreeze the tariff values of all edible oils and notify their tariff values on the basis of their prevailing international prices. An official statement said, alignment of notified tariff values with international prices will have a positive...

Sensex gains over 110 points in afternoon trade

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood 112 points, or 0.6 per cent in positive territory, at 19,930 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened with a loss of 34 points, or 0.2 per cent, at 19,783, on profit-boo...

Sensex recovers; up 99points in late afternoon trade

The BSE benchmark Sensex recovered by 99 points at 19,917 in late afternoon trade today due to fresh buying in IT, realty, auto, tech and refinery sectors amid sustained foreign capital inflows. Earlier, the Sensex was down by 34 points, at 19,783 in morning deals.The NIFTY at the National Stock Exc...

MTNL launches video telephony in Delhi & Mumbai

Government Telecom Service Provider MTNL today launched its video telephony service in Delhi and Mumbai, the first by any service provider in these two cities.Inaugurating the service in New Delhi, Communications Minister Kapil Sibal said that this service will change the way people communicate with...

Oil prices fall in Asia trade

Oil prices fell in Asian trade today on profit-taking and the restarting of a British pipeline. New York's main contract, light sweet crude for delivery in February shed 17 cents to 94.07 dollar a barrel after the contract rose to its highest levels since September on data showing strong US...