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January 11, 2013 1:25 PM
Growth in the country's industrial output contracted by 0.1 per cent, a four-month low, in November 2012, year-on-year, due to poor performance of the manufacturing, mining and capital goods sectors. Industrial output, as measured by the Index of Industrial Production, had grown by 8.3 per ...
January 11, 2013 1:14 PM
The sensex at the Bombay Stock Exchange trimmed its initial rally today but was still up by 41 points in afternoon deals.However, the market surged 176 points in its opening session over buying mainly in IT, tech and consumer durable sectors on the back of announcement of bullish Infosys third quart...
January 11, 2013 1:09 PM
Growth in the country's industrial output contracted to a four-month low of 0.1 per cent in November 2012, year-on-year, due to poor performance of the manufacturing, mining and capital goods sectors. Industrial output, as measured by the Index of Industrial Production, had grown by 8.3 per...
January 11, 2013 12:03 PM
The rupee was trading up by 6 paise to 54 rupees 51 paise against the dollar in late morning deals today on steady dollar selling by banks and exporters amid firm equities and weak US currency overseas.Earlier, the rupee resumed sharply higher at 54 rupees 40 paise a dollar. Later, some American cur...
January 11, 2013 12:03 PM
The Sensex at the Bombay Stock Exchange trimmed its initial rally today amid bouts of selling in heavy weight counters like oil and gas, FMCG, realty, banking and PSUs, but was still trading higher by 89 points. However, the market surged over buying mainly in IT, tech and consumer durable sectors o...
January 11, 2013 11:36 AM
Oil was mixed in Asia today with some traders taking profits after stronger-than-expected trade data out of China. New York's main contract, light sweet crude for delivery in February, gained 10 cents to 93.92 dollars a barrel in morning trade while Brent North Sea crude for February droppe...
January 11, 2013 10:56 AM
Extending gains for the fourth straight session, the rupee today rose by 15 paise to 54.42 against the dollar at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.The rupee had gained 18 paise to close at one-week high of 54.57 against the US curren...
January 11, 2013 10:54 AM
The BSE Sensex today rose by 176 points in early trade, mainly on the back of a rally in IT-sector stocks after Infosys posted better-than-expected third quarter earnings. Besides, a firming trend in the global markets also buoyed the trading sentiment here. The 30-share index, which had lost nearly...
January 11, 2013 9:32 AM
The Japanese cabinet today approved a stimulus package worth about 224 billion U.S. dollars aiming to shore up the country's current stagnant economy by beating chronic deflation and tackling the strong yen. Prime Minister Shinzo Abe told at a press conference that beating deflation and cur...
January 11, 2013 9:30 AM
The rupee today gained 15 paise to 54.60 against the US dollar in early trade at the Interbank Foreign Exchange market on the back of increased capital inflows.Forex dealers said sustained dollar selling by exporters and banks and a higher opening in the equity market alsoboosted the rupee sentiment...
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