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April 18, 2012 4:46 PM
Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained 34 points, or 0.2 percent, to 17,392, on sustained buying by investors, amid rising Asian markets, today. The Nifty at the National Stock Exchange advanced 10 points, or 0.2 percent, to 5,300.
April 18, 2012 2:21 PM
Minister for Food and Consumer Affairs K V Thomas has said that survival of the Indian economy depends upon the success of its bussiness establishments in terms of quality of their products and services. He was speaking at a function after presenting Rajiv Gandhi National Quality awards for 2010 in ...
April 18, 2012 2:02 PM
The Sensex at the Bombay Stock Exchange rose 138 points, or 0.8 per cent, to 17,496 in early trade, today, on continued buying by funds and retail investors following the RBI's rate cut, and amid firm regional bourses. Afterwards, the Sensex trimmed some of its intial gains, but still stood...
April 18, 2012 12:54 PM
Retail inflation rose to 9.47 per cent in March because of higher prices of milk, vegetables, protein-based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 8.83 per cent in February as per the government data release in New Delhi today.Among other items, price...
April 18, 2012 11:53 AM
The BSE Sensex which gained 138 points in early trade was trading 104 points up at 17, 463 a short while ago.The wide-based National Stock Exchange index Nifty moved up by 38 points to 5,329. Brokers said sentiment buoyed after RBI slashed short-term lending rate by 0.50 per cent to 8 per cent yeste...
April 18, 2012 9:04 AM
The International Monetary Fund (IMF) said that some optimism has returned to the global economy and predicted slightly faster growth. It revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. However, the IMF noted another eurozone crisis was possible and that most m...
April 17, 2012 8:47 PM
The unexpectedly sharp rate cut by the Reserve Bank helped lift the Sensex at the Bombay Stock Exchange a good 207 points, or 1.2 percent, to 17,358. Positive European markets also gave a fillip to investor sentiment. The Nifty at the National Stock Exchange rose 64 points, or 1.2 percent, to 5,290....
April 17, 2012 7:52 PM
Vodafone has issued notice to the Indian government under Bilateral Investment Protection Treaty over tax issue between India and the Netherlands. The Dutch subsidiary Vodafone International Holdings BV today served a notice of dispute on the Indian government regarding proposals in the Finance Bill...
April 17, 2012 7:50 PM
The Sensex at the Bombay Stock Exchange on Tuesday jumped 207 points, or 1.2 percent, to 17,358 after an unexpectedly sharp rate cut by the Reserve Bank, and in tandem with positive European bourses. The Nifty at the National Stock Exchange rose 64 points, or 1.2 percent, to 5,290.But stock markets ...
April 17, 2012 7:40 PM
Making the first policy rate cut in 3 years, the Reserve Bank of India on Tuesday cut the repo rate by 50 basis points.Announcing the Monetary Policy for the year 2012-2013, RBI governor D Subbarao said that the Repo Rate has been reduced by 50 basis points from 8.5% to 8%. Repo rate is the rate at ...
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