Sensex snaps losing streak; trading up at 17,346pts

The BSE benchmark Sensex recovered by over 73 points in early trade today, snapping a three-session losing streak, on fresh buying by funds and retailers at attractive lower levels. The 30-share barometer, which had lost over 645 points in the past three sessions, recovered by 73.11 points, or 0.42 ...

RBI asks banks to update Al-Qaida sanctions list<br/>

The Reserve Bank of India has asked all banks to update the Al-Qaida sanctions list as per the new United Nations circular. In a notification issued yesterday, the Central Bank has said that State and Central co-operative banks and regional rural banks are required to update the list of individuals ...

IMF Chief Lagarde meets Pranab

IMF chief Christine Lagarde met Finance Minister Pranab Mukherjee in New Delhi and deliberated on the importance of the multilateral agency in stabilising the world economy. Lagarde, who is on a two-day visit to India, said that she had elaborate discussions on the general economic situation. Later,...

Camel milk ice cream to hit UAE markets soon

Camel ice cream milk to hit UAE markets soon

Fund selling pulls Sensex down by 193 points

Falling for the third straight session, the Sensex at the Bombay Stock Exchange on Monday dropped 193 points, or 1.1 percent to 17,273 on continued selling by funds, amid weak European markets. The Sensex had lost over 450 points in the previous two trading sessions. The Nifty at the National Stock ...

Fund selling pulls Sensex down by 193 points

Falling for the third straight session, the Sensex at the Bombay Stock Exchange on Monday dropped 193 points, or 1.1 percent to 17,273 on continued selling by funds, amid weak European markets. The Sensex had lost over 450 points in the previous two trading sessions. The Nifty at the National Stock ...

Inflation to stabilise around 6.5-7%, says Pranab

Finance Minister Mr. Pranab Mukherjee has said that inflation will stabilise somewhere around 6.5 percent to 7 percent in due course of time. He cautioned people not to expect inflation to come down drastically to 4 to 4.5 per cent. Speaking to media on Monday at New Delhi after chairing a meeting o...

Fund selling pulls Sensex down by 193 points

The Sensex at the Bombay Stock Exchange on Monday dropped 193 points, or 1.1 percent, to 17,273 on continued selling by funds, amid weak European markets. The Nifty at the National Stock Exchange fell 61 points, or 1.1 percent, to 5,257. Stock markets in Japan, China, Hong Kong, South Korea and Sing...

Indian Internet economy share reaches over 4 percent in GDP

Indian Internet economy reached 3.2m trillion rupees in 2010, representing 4.1 per cent of GDP. The sector is projected to rise to 10.8 trillion rupees by 2016. According to a new report in The Boston Consulting Group&apos;s Connected World series, the total size of the G-20 Internet economy wil...