Business

February 10, 2012 6:05 PM

Most Asian markets fell, today, after Greece approved a long-awaited austerity agreement, but international backers called for ratification of the reforms before more bailout funds would be released. So, Japan's Nikkei-225 slipped 0.6%; Hong Kong's Hang Seng lost 1.1%; South Korea&...

February 10, 2012 5:57 PM

Dow Jones industrial average gains seven points at 12,891

US stocks edged higer yesterday, after Greece reached a deal to secure a financial bailout, but investors took a wait-and-see attitude in a market that has become extended after weeks of gains. So the Dow Jones industrial average gained 7 points, or 0.1 percent, at 12,891. The Standard and Poor&...

February 10, 2012 5:50 PM

Sensex loses 82 points at 17,749

Snapping a two-day rally, the Sensex at the Bombay Stock Exchange lost 82 points, or 0.5 percent, to 17,749, today on disappointing industrial output growth data. The Sensex had risen 59 at the day's high, and lost 204 points at the day's low. The Nifty at the National Stock Exchan...

February 10, 2012 3:01 PM

Industrial production grows by just 1.8 per cent

Industrial production grew by just 1.8 per cent year-on-year in December due to contraction in mining and capital goods sectors and a lower manufacturing sector growth. Factory output growth, as measured by the Index of Industrial Production was at 8.1 per cent in December 2010.Output of the manufac...

February 10, 2012 1:31 PM

Sensex down 154 pts at 17,677 in afternoon deals

The Sensex at the Bombay Stock Exchange rose 44 points, or 0.3 per cent, to 17,875 in early trade, today, on sustained buying by funds and retail investors.Later, the Sensex turned volatile, and after swinging between positive and negative territory, stood 154 points, or 0.9 percent in the negative ...

February 10, 2012 12:17 PM

NTPC pays Rs 2,886-cr interim dividend

State owned company National Thermal Power Corporation (NTPC) has paid an interim dividend of around Rs 2,886 crore for the current fiscal.According to an official release, CMD of the NTPC Arup Roy presented the dividend cheque to the Power Minister Mr. Sushilkumar Shinde in New Delhi.It is the high...

February 10, 2012 12:06 PM

Greek lawmakers reach accord on austerity measures

Greek lawmakers say they have reached an accord on austerity measures demanded by international lenders so the country can secure another bailout, but European finance ministers say the job and spending cuts are not enough.Following a last night meeting in Brussels, the 17 euro zone finance chiefs a...

February 10, 2012 11:59 AM

Sensex down 26 pts to 17,804

The Sensex at the Bombay Stock Exchange rose 44 points, or 0.3 per cent, to 17,875 in early trade, today, on sustained buying by funds and retail investors.Later, the Sensex turned volatile, and after swinging between positive and negative territory, stood 26 points, or 0.2 percent in the negative z...

February 10, 2012 11:07 AM

Oil prices take a dip

Oil prices were lower in Asian trade today as a bailout deal for debt-strapped Greece was once again put off.New York's main contract, West Texas Intermediate light sweet crude for delivery in March, shed 42 cents to 98.42 dollars a barrel and Brent North Sea crude for March was down 19 cen...

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