Sensex up 294 pts at 18,142

The Sensex at the Bombay Stock Exchange, which gained more than 200 points in opening trade today, rose further in late morning deals and was trading 294 points in the positive territory at 18,142, when reports last came in.After gaining almost 100 points in last two trading sessions, the 30-share i...

Over 50 per cent tea comes from Assam in 2011

Rupee 49.28 against dollar

The rupee appreciated by 8 paise to trade at 49 rupees 28 paise against the dollar in early trade today, amid firm stock markets. In the previous session yesterday, the domestic currency had lost 17 paise to close at 49 rupees 36 paise against the dollar.

Sensex jumps 209 pts, goes past 18,000

The BSE benchmark index Sensex regained the 18,000 level today, after rising nearly 209 points in opening trade.The rise was attributed to sustained buying by funds and retailers on better-than-expected quarterly earnings by corporates.The 30-share index, which had gained almost 100 points in last t...

RBI hikes bank rate to 9.5 per cent

The Reserve Bank of India has decided to increase the bank rate to 9.5 per cent with immediate effect. RBI said in a notification that this increase should be viewed and understood as one-time technical adjustment to align the Bank Rate with the marginal standing facility (MSF) rate rather than a ch...

Inflation falls to two-year low of 6.55 per cent in January<br/>

Cheaper food items pulled down overall inflation to a 26-month low of 6.55 per cent in January 2012. Headline inflation, as measured by the Wholesale Price Index, WPI, had stood at 7.47 per cent in December 2011, and at 9.47 per cent in January 2011. As per the official data released, today, food in...

Sensex rises 76 pts to 17849

The Sensex at the Bombay Stock Exchange rose 76 points, or 0.4 percent, to 17,849, amid easing inflation, today. The Nifty at the National Stock Exchange gained 26 points, or 0.5 percent, to 5,416.Stock markets in Japan, China, Hong Kong, Singapore and South Korea ended mixed.

Inflation falls to two-year low of 6.55 per cent in January<br/>

Headline inflation fell to an over two-year low of 6.55 per cent in January 2012, on the back of cheaper food items. Headline inflation, as measured by the Wholesale Price Index, WPI, had stood at 7.47 per cent in December 2011, and at 9.47 per cent in January 2011.As per the official data released ...

Sensex up by 33 points in afternoon trade

The Sensex at the Bombay Stock Exchange fell 23 points, or 0.1 per cent, to 17,750 in early trade on Tuesday morning, in line with weak regional bourses.But later, after swinging between the negative and positive zone, in volatile trade, the Sensex stood a moderate 33 points, or 0.2 per cent in posi...

Inflation falls to two-year low of 6.55 per cent in January<br/>

Headline inflation fell to an over two-year low of 6.55 per cent in January 2012, on the back of cheaper food items. Headline inflation, as measured by the Wholesale Price Index, WPI, had stood at 7.47 per cent in December 2011, and at 9.47 per cent in January 2011.As per the official data released ...