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April 17, 2012 9:24 AM
The Reserve Bank of India, the RBI has stated that growth is likely to improve moderately in 2012-13, however, the inflation path could remain around the current levels. The bank, in its Macro-economic and Monetary Development Report for 2011-2012, yesterday said that the path of inflation in financ...
April 16, 2012 8:32 PM
The Reserve Bank of India, RBI on Monday stated that growth is likely to improve moderately in 2012-13, however inflation path could remain sticky around current levels. The bank, in its Macro-economic and Monetary Development Report for 2011-2012, said that the path of inflation in financial year 2...
April 16, 2012 6:47 PM
The Sensex at the Bombay Stock Exchange on Monday gained 56 points, or 0.3 percent, to 17,151 on a slight easing of inflation, hopes of a rate cut by the Reserve Bank in its credit policy announcement, tomorrow, and rising European markets. The Nifty at the National Stock Exchange rose 19 points, or...
April 16, 2012 2:54 PM
Recovering from early losses, the Sensex at the Bombay Stock Exchange stood 44 points in positive territory, at 17,139 in afternoon deals a short while ago. Earlier in the morning, however, the Sensex had dropped 67 points to 17,027, on continued selling by funds, in line with weak regional bourses....
April 16, 2012 2:49 PM
At the Interbank Foreign Exchange market, the rupee fell 45 paise, to a fresh three-month low of 51.75 against the dollar in late morning trade, today, on fresh dollar demand from banks and importers. Earlier, the rupee had opened lower, at 51.61 per dollar, against last Friday's close of 5...
April 16, 2012 2:42 PM
India's ship building and repairs industry is likely to touch 9,200 crore rupees by 2015 owing to robust demand in the domestic market and adequate availability of skilled workforce. This was revealed by the Indian Industry gaint ASSOCHAM in its report. According to the report, at present t...
April 16, 2012 2:04 PM
The overall inflation in March eased to 6.89 per cent on account of sharp decline in prices of onions, fruits and protein-based items, even as vegetables and pulses turned costlier. Inflation, as measured by the Wholesale Price Index, WPI was 6.95 per cent in February. In March last year, it was 9.6...
April 16, 2012 1:04 PM
The BSE benchmark Sensex which had lost 67 points in early trade, recovered from the initial losses and was trading at 24 points in the green. The 30 share index which had declined a mere 7 points in the late morning session on sustained selling by funds, triggered by a weak trend on Asian bourses, ...
April 16, 2012 11:56 AM
The BSE benchmark Sensex which lost 67 points in early trade declined further by mere 7 points on sustained selling by funds, triggered by a weak trend on Asian bourses. After falling 67 points to 17,027 in the opening session, the 30-share index fell further by 7 points to 17,087 in noon trade.In a...
April 16, 2012 10:56 AM
The rupee declined by 32 paise to 51.62 rupees against dollars on the Interbank Foreign Exchange in morning trade.The rupee had rose by 28 paise to 51.31 rupees against the American currency on Friday's trade on fresh dollar sellingby exporters.
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