Sensex breaches 20k mark in opening trade after two years

The BSE benchmark Sensex today breached the 20,000-mark in opening trade after two years. It gained over 100 points in early trade to touch a little higher than 20,000.Similarly, the wide-based National Stock Exchange index Nifty inched up by 3.35 points, or 0.06 per cent, to 6,027.40.Meanwhile in t...

Rupee strengthens by 15 paise to 54.34 against dollar

The rupee today strengthened by 15 paise to 54.34 against the dollar in early trade at the Interbank Foreign Exchange, on selling of the US currency by exporters and banks and strong capital inflows.Forex dealers said, besides a higher opening in the domestic equity market and continued capital infl...

India's computer major HCL launches ME tablets In the Middle East

Inflation based on wholesale prices declines marginally

Inflation based on wholesale prices declined marginally to 7.18 per cent in December even though rates of food items like rice, wheat, pulses and potato showed a rise.The Wholesale Price Index (WPI) was 7.24 per cent in November and 7.32 per cent in October. The third successive fall in inflation ma...

Need to reverse decline in investment flow: Plan Panel Chief

The Planning Commission has made a case for lowering of interest rates for attracting investments and reversing the declining trend of economic growth. Planning Commission Deputy Chairman Montek Singh Ahluwalia has said this while delivering the 15th JRD Tata Memorial Lecture in New Delhi yesterday....

Need to reverse decline in investment flow: Plan Panel Chief

The Planning Commission has made a case for lowering of interest rates for attracting investments and reversing the declining trend of economic growth. Planning Commission Deputy Chairman Montek Singh Ahluwalia has said this while delivering the 15th JRD Tata Memorial Lecture in New Delhi yesterday....

Court to consider cognisance of CBI charge sheet against Airtel, Vodafone & others on 30th Jan:

A Delhi court on Monday fixed January 30th to consider taking cognisance of the CBI charge sheet filed against Airtel, Vodafone and others for alleged irregularities in allocation of additional spectrum to them during NDA regime.Special CBI judge O P Saini, who earlier had fixed January 14th to cons...

Sensex surges 243 points at BSE

The Sensex at the Bombay Stock Exchange surged 243 points, or 1.2 percent, to close at a two-year high of 19,906, on Monday after the Government postponed the implementation of General Anti Avoidance Rules (GAAR), and after inflation declined to a three-year low. The Nifty at the National Stock Exch...

Wholesale prices decline to 7.18%; Retail Inflation rises to 10.56% in Dec

Inflation based on wholesale prices declined marginally to 7.18 per cent in December even though rates of food items like rice, wheat, pulses and potato showed a rise.The Wholesale Price Index (WPI) was 7.24 per cent in November and 7.32 per cent in October. The third successive fall in inflation ma...

Overseas investors pour in record <img src="rs.png" border="0" height="10">8,800 cr in Indian equities

Overseas investors have poured in a staggering the 8,800 crore rupees in Indian equities in the first two weeks of this year. From the 1st January to the 11th of this month, foreign funds were gross buyers of shares worth 25,458 crore rupees, while they sold equities amounting to 16,645 crore rupees...