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March 2, 2012 10:17 AM
Oil prices retreated in Asian trade today as dealers took profits from overnight gains driven by rumours of a supply disruption in Saudi Arabia. Oil prices had surged overnight on an Iranian media report about a pipeline fire in Saudi Arabia, but Saudi officials later issued a statement denying the ...
March 2, 2012 9:50 AM
The BSE benchmark Sensex which had lost 168.71 points on Thursday, recovered by 77.42 points, or 0.44 per cent, to 17,661.39 points with stocks of the auto, metal, power and banking sector leading the recovery.The wide-based National Stock Exchange index Nifty moved up by 22.20 points, or 0.42 per c...
March 1, 2012 7:56 PM
The Sensex at the Bombay Stock Exchange declined 169 points, or 1 percent, to 17,584, today, on profit-booking by investors, amid weak Asian markets. The Nifty at the National Stock Exchange fell 45 points, or 0.8 percent, to 5,340. Public sector oil major, ONGC fell 1.9 per cent, after an initial s...
March 1, 2012 7:55 PM
The revenue Intelligence department has detected duty evasion of 50 crore rupees in the imports of iron ore pellets at Kandla port. Officials said, seven leading Kutch-based steel manufacturing units are involved in the tax evasion.
March 1, 2012 7:36 PM
The unemployment rate in the eurozone continued to rise in January, hitting another record high. The jobless rate in the 17 countries that use the euro rose to 10.7 per cent in January, while December's figure was revised up from 10.4 per cent to 10.6 per cent. In its latest unemployment re...
March 1, 2012 5:49 PM
The Cabinet has approved the proposals of fertilizers Department for fixation of rates of Nutrient Based Subisdy, NBS for next fiscal. It has approved per Kilogram NBS rates of fertilizer nutrients - Nitrogen, Phosphate, Potash and Sulphur for the next financial year 2012-13.At the announced rate, t...
March 1, 2012 5:28 PM
The auction for sale of government's 5 per cent stake in ONGC today got bids for 29.22 crore shares worth about 8,500 crore rupees. It could fetch only about two-third of the targetted proceeds of over 12,000 crore rupees.Exchange officials said, at the end of the one-day auction, the aucti...
March 1, 2012 4:37 PM
The Sensex at the Bombay Stock Exchange fell by 189 points to close at 17,854 today. It lost it's sheen by 0.95 percent as funds and retail investors booked profits after recent gains, amid subdued regional bourses.NIFTY too declined by 45 points to close at 5339.
March 1, 2012 1:54 PM
The Sensex at the Bombay Stock Exchange declined 185 points, or 1 per cent, to 17,568 in early trade, today, as funds and retail investors booked profits after recent gains, amid subdued regional bourses. Later, the Sensex lost some more ground, and stood 244 points, or 1.4 percent in negative terri...
March 1, 2012 1:46 PM
The Sensex at the Bombay Stock Exchange declined 185 points, or 1 per cent, to 17,568 in early trade, today, as funds and retail investors booked profits after recent gains, amid subdued regional bourses.Later, the Sensex remained weak, and stood 190 points, or 1.1 percent in negative territory, at ...
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