Feb retail inflation rises to 8.83%

Retail inflation in February was 8.83 per cent on account of higher prices of protein based items and edible oil products. As per the official data released in New Delhi today, retail inflation, based on the Consumer Price Index, was 7.65 per cent in January. Among other items, only vegetable prices...

Sensex stands 168 pts in negative zone

The Sensex at the Bombay Stock Exchange fell 106 points, or 0.6 per cent, to 17,360 in early trade, today, as investor sentiment remained weak.Later, in afternoon deals, the Sensex lost some more ground, and stood 168 points, or 1 percent in the negative zone, at 17,298, a short while ago. The 30-sh...

Sensex stands 124 pts in negative

The Sensex at the Bombay Stock Exchange, which declined by 106 points in early trade today, stood at 124 points in the negative territory at 17,342 in afternon trade, when reports last came in.On similar lines, the broad-based National Stock Exchange Nifty was trading 40 points down at 5,278.

Rupee gains 10 paise against dollar

The rupee today gained 10 paise to trade at 50.08 against the US dollar on the Interbank Foreign Exchange market in early trade on hopes of more foreign capital inflows.The rupee had ended 20 paise higher at 50.18 against the dollar on Friday

Sensex falls nearly 106 pts in early trade

The BSE Sensex today declined nearly 106 points in early trade as the investor sentiment continued to be weak on the Union Budget failing to bring cheer to markets.The 30-share index which had lost over 453 points in the last two trading days, moved down further by nearly 106 points, to around 17,36...

Govt sets target to achieve 175 million broadband connections<br/>

Government has set a target to achieve 175 million broadband connections by 2017 and 600 million by 2020 at minimum 2 Mbps download speed. Minister for Communication and Information and Technology , Sachin Pilot has said this in a written reply to the Lok Sabha. Mr Pilot said the number of broadband...

India, Africa set trade target of $90 bn by 2015

India and African nations have set up a bilateral trade target of 90 billion US dollars to be achieved by 2015. The decision was taken between the Commissioner for Economic Affairs, African Union Commission, Dr. Maxwell M. Mkwezalamba and the Commerce Minister, Mr. Anand Sharma in New Delhi. India-A...

Milk production to increase by 4% in current fiscal

Milk production in the country is expected to increase by over 4 per cent to 127.29 million tonnes in the current fiscal. Government sources said that Milk output in 2010-11 was 121.84 million tonnes. India is the largest producer and consumer of milk in the world. Meanwhile, with an aim to boost mi...

India, African Nations set bilateral trade target of 90 billion dollar

India and African Nations have set a bilateral trade target of 90 billion dollar to be achieved by 2015. The decision was taken in Saturday&apos;s meeting in New Delhi co-chaired by Union Minister of Commerce, Industry and Textiles of Anand Sharma and Dr. Maxwell M. Mkwezalamba, Commissioner for...

The Finance Minister Mr. Pranab Mukherjee today said that the global economic situation is still fragile as Eurozone crisis is yet to be contained and this may impact India also.In an exclusive interview to the All India Radio, Mr. Mukherjee said that the last year when he prepared the budget, he ha...