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June 19, 2012 11:21 AM
In Nepal, the price of diesel and kerosene has been increased by four rupees each. The Nepal Oil Corporation, NOC, the state-owned oil monopoly, has said, the increase is effective from today. With the hike, the prices of diesel and kerosene have reached 93 rupees per litre from the earlier 89 rupee...
June 19, 2012 11:21 AM
Oil was mixed in Asia today after eurozone worries shifted to Spain's surging borrowing costs. New York's main contract, light sweet crude for delivery in July, fell 13 cents to 83.14 US Dollars per barrel while Brent North Sea crude for August delivery gained 10 cents to 96.15 US ...
June 19, 2012 11:11 AM
Asserting that the fundamentals of the Indian Economy remain strong, Dr. Singh said the government was confident of bringing back the rhythm of high growth of 8 to 9 percent per annum. He said the government is taking steps to revive investor sentiment and determined to create an environment that wo...
June 19, 2012 11:09 AM
The government has rejected the Fitch downgrade of India's credit outlook to negative saying the rating agency's action was based on older data as it had ignored the recent positive trends in the indian economy. In a statement yesterday, Finance Minister Pranab Mukherjee said that ...
June 19, 2012 10:19 AM
The rupee today again breached the 56-level by falling 12 paise to 56.05 against the US dollar in early trade on the Interbank Foreign Exchange on increased demand for the American currency from banks and importers.The rupee had lost 53 paise to close at two-week low of 55.93 against the dollar yest...
June 19, 2012 9:55 AM
The BSE benchmark Sensex recovered by over 88 points in early trade today .The 30-share barometer, which had lost 244 points in yesterday's trade, recovered by 88.13 points, or 0.53 per cent, to 16,793.96 points with capital goods, auto and metal sector stocks leading the recovery.The wide-...
June 19, 2012 9:50 AM
Oil prices advanced in Asian trade on Monday. New York's main contract advanced 90 cents to 84.93 dollar a barrel and Brent North Sea crude surged 1.48 to 99.09 dollar in morning trade.
June 19, 2012 9:50 AM
Oil prices advanced in Asian trade yesterday. New York's main contract advanced 90 cents to 84.93 dollar a barrel and Brent North Sea crude surged 1.48 to 99.09 dollar in morning trade.
June 19, 2012 9:39 AM
Leaders of BRICS Nations agreed to enhance their own contributions to the IMF to promote adequate burden sharing amongst creditors. A decision to this effect was taken at a meeting of the grouping comprising of India, Brazil, China, Russia and South Africa in Los Cabos.The meeting hosted by Prime Mi...
June 19, 2012 9:09 AM
Reserve Bank of India (RBI) has decided to keep all the key rates unchanged in its mid-quarter policy review announced today. The cash reserve ratio (CRR) has also been kept unchanged at 4.75 per cent while the policy repo rate retained at 8 per cent. Consequently, the reverse repo rate will remain ...
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