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July 18, 2012 11:33 AM
Oil prices were lower today in Asia. New York's main contract, light sweet crude for delivery in August, shed 26 cents to 88.96 dollars a barrel and Brent North Sea crude for September delivery 60 cents to 103.40 dollars.
July 17, 2012 5:37 PM
Snapping four days of losses, the Sensex at the Bombay Stock Exchange closed a marginal 2 points higher, at 17,105, after volatile trade, today. The Sensex had lost 515 points in the previous four trading sessions. But the Nifty at the National Stock Exchange declined 4 points, to 5,193. Stock marke...
July 17, 2012 1:34 PM
The Sensex at the Bombay Stock Exchange rose 131 points, or 0.8 per cent, to 17,234 in opening trade, this morning, on fresh buying by funds and retail investors, amid firm regional bourses. But the Sensex later trimmed much of its early gains, to stand 42 points, or 0.2 per cent in the green, at 17...
July 17, 2012 1:26 PM
Reserve Bank Governor D Subbarao today proposed a producers price index saying that the present structure of measuring inflation does not capture the pricemovement of services and is a hybrid of rate quotes. He said, the Producer Price Index (PPI) will be better able to measure the average change ov...
July 17, 2012 1:19 PM
Germany's ratification of the European Union's fiscal pact on budgetary discipline and the permanent bailout fund, ESM, will be delayed at least by two months.It was due to country's highest court decison that it will rule on fiscal pact and ESM constitutionality only by m...
July 17, 2012 1:17 PM
A White House official says that US President Barack Obama will not concede industries of the 21st century to China, India or Europe, a top presidential aide has said as he defended the administration's loan guarantee programme.White House Press Secretary, Jay Carney, told reporters this to...
July 17, 2012 12:57 PM
The Sensex lost early gains and was trading 30 points in the positive territory at 17, 133 in afternoon deals a short while ago. The Sensex which had recovered by over 130 points,in its opening session, shed some points in its later session and was trading 64 points in green at 17,167 in late mornin...
July 17, 2012 12:27 PM
A US Senate investigation has found that poor controls at the global bank HSBC allowed Mexican drug traffickers and other criminals to launder billions of dollars into the United States. A report released before a Senate hearing on the matter today said the London-based bank also did business with f...
July 17, 2012 12:09 PM
The rupee trimmed early gains against the dollar, but was still stronger by 36 paise at 54 rupee 95 paise. It was due to the selling of American currency by banks and exporters, coupled with continuing capital inflows.The dollar also lost some ground against other currencies in the overseas markets....
July 17, 2012 11:57 AM
A US Senate investigation has found that poor controls at the global bank HSBC allowed Mexican drug traffickers and other criminals to launder billions of dollars into the United States. A report released before a Senate hearing on the matter today said the London-based bank also did business with f...
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