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July 4, 2012 12:25 PM
The rupee recovered some of the morning losses but was still down 11 paise against the dollar at 54 rupees 49 paise on fresh demand for the American currency from banks and importers. The dollar strengthened against other currencies as well in the overseas market. Fresh dollar demand from banks and ...
July 4, 2012 11:49 AM
The Sensex which gained over 92 points in early trade lost marginally and was trading 32 points up at 17, 458 a short while ago.All sectoral indices, led by metal, realty and auto, were trading in positive zone with gains of up to 0.84 per cent.On the similar lines, the wide-based National Stock Exc...
July 4, 2012 10:23 AM
Snapping its four-day rising streak, the rupee declined by 23 paise to 54 rupees 61 paise against the dollar in early trade today. This follows Interbank Foreign Exchange due to the American currency gaining against the euro overseas.The rupee had shot up by a massive 105 paise to close at a nearly ...
July 4, 2012 10:23 AM
Sensex gained over 92 points in early trade today on sustained capital inflows amid a firming trend on Asian bourses.The 30-share barometer, which had gained 26.73 points on Tuesday, rose by 0.53 per cent, to 17,518.All sectoral indices, led by metal, realty and auto, were trading in positive zone w...
July 4, 2012 10:10 AM
Crude prices were mixed in Asia today with traders taking profit from an unexpected overnight rally. This follows Iranian sabre-rattling against an European oil embargo supported prices.New York's main contract, light sweet crude for delivery in August shed nine cents to 87.57 dollars a bar...
July 4, 2012 8:34 AM
The Government is considering a proposal of creating venture capital fund of 2,000 crore rupees to promote Research and Development, R&D, in the Pharmaceutical sector. Commerce and Industry Minister Anand Sharma told reporters in New Delhi that his ministry is in talks with Exim Bank for thi...
July 4, 2012 8:33 AM
Agriculture Minister Sharad Pawar made a strong case for expediting export of Skimmed Milk Power, SMP. Talking to reporters in New Delhi on Tuesday, Mr Pawar said that natural milk availability in the country is good. He said the country have SMP stock of one year and the country needs to clear the ...
July 4, 2012 8:32 AM
The government approved export of two million tonnes of wheat from its buffer stock in order to clear storage space for new crops. The decision was taken by the Cabinet Committee on Economic Affairs, CCEA. Food Minister K V Thomas said, after the meeting that the CCEA has approved export of two mill...
July 3, 2012 9:16 PM
The Government is considering a proposal of creating venture capital fund of 2,000 crore rupees to promote Research and Development, R and D, in the Pharmaceutical sector.Commerce and Industry Minister Anand Sharma told reporters in New Delhi that his ministry is in talks with Exim Bank for this pur...
July 3, 2012 9:12 PM
The Government is considering a proposal of creating venture capital fund of 2,000 crore rupees to promote Research and Development, R and D, in the Pharmaceutical sector.Commerce and Industry Minister Anand Sharma told reporters in New Delhi that his ministry is in talks with Exim Bank for this pur...
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