RBI releases Mid-Quarter Review of Monetary Policy 2012-13

BSE Sensex up by 106 points a short while ago

The Sensex at the Bombay Stock Exchange was trading 106 points in positive territory at 18,570 a short while ago. Earlier Sensex rose by 218 points in early trade today. The 30-share barometer, which had gained over 1,153 points in the previous eight sessions, shot up further by 218 points to 18,682...

RBI releases Mid-Quarter Review of Monetary Policy 2012-13

Rupee gains against US dollar

The rupee rose by hefty 50 paise to 53 rupees 80 paise against the US currency in early trade today on dollar selling by exporters and some banks. The rupee had gained 113 paise to close at 54 on Friday.

BSE Sensex rises by 218 points in early trade

RBI to announce the Mid-Quarter Review of its Monetary Policy today

The Reserve Bank of India,RBI, will announce the Mid-Quarter Review of its Monetary Policy today. India Inc hopes that the central bank will lower interest rates. ASSOCHAM President Rajkumar Dhoot said, it is time the RBI get rid of its obsession with the inflation numbers while completely ignoring ...

President expresses concern over inflation and low growth rate

The President Mr. Pranab Mukherjee has expressed his serious concern over the high inflationary pressure, high fiscal deficit and low growth rate. Addressing a function in his honour by different chambers of commerce in Kolkata last evening Mr. Mukherjee said Indian economy is passing through a diff...

Overseas investors pump 3, 000 crore in Indian stock market

Overseas investors pumped in nearly 3,000 crore rupees in Indian stock market in the past two weeks amid hopes of government initiatives on policy reforms and easing of monetary policy. Foreign Institutional Investors (FIIs) investment in the country's equity market has reached 65,954 crore...

Gold surges 310 rupees

Gold surged 310 rupees, to hit a fresh all-time high of 32,900 rupees per ten grams at Delhi's bullion market, today, on local buying ahead of the marriage season, and amid a rally overseas. Silver rose 800 rupees to 62,000 rupees per kilo.In Singapore, gold rose 0.6 per cent, to 1,778 doll...

Sensex gains 443 pts to close at 18,464

Posting its eighth straight session of gains, the Sensex at the Bombay Stock Exchange shot up 443 points, or 2.5 percent, to close at 18,464, today. The Nifty at the National Stock Exchange spurted 142 points, or 2.6 percent, to 5,578. Stocks rose following the government's action on diesel...