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January 17, 2012 11:07 AM
The rupee strengthened by 32 paise to 51.05 per dollar on in early trade today, supported by continued foreign fund inflows. Dealers said consistent dollar inflows and euro's gains against the US currency overseas, mainly supported the rupee.The rupee had gained 15 paise to close at nearly ...
January 17, 2012 10:19 AM
The BSE benchmark Sensex rose by 198 points in early trade today.The 30-share BSE index, which gained almost 152 points in the previous two sessions, rallied further by 198.14 points, or 1.22 per cent, to 16,387.50 with all sectoral indices, led by auto and capital goods, trading in the positive zon...
January 17, 2012 8:52 AM
The credit ratings agency Standard & Poor's (S&P) has downgraded the EU bailout fund to AA+ from AAA. The European Financial Stability Facility's (EFSF) rating is based on the ratings of the countries that guarantee it. S&P's downgrade of France and...
January 16, 2012 9:49 PM
The rupee strengthened 15 paise, to close at a nearly one-and-a-half-month high of 51.38 against the dollar.
January 16, 2012 8:49 PM
Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) to fast-track company law cases.They will replace Company Law Board, Board for Industrial and Financial Reconstruction and Appellate Authority for Industrial and Financial Reconstru...
January 16, 2012 8:03 PM
Oil prices rose in Asian trade on Monday as worries over supply disruptions in Nigeria outweighed concerns over the mass debt downgrade of eurozone nations.New York's main contract West Texas Intermediate crude for delivery in February, gained three cents to 98.73 dollars in morning trade. ...
January 16, 2012 8:01 PM
Headline inflation fell to a two-year low of 7.47 per cent in December 2011, as against 9.11 per cent in November. It was 9.45 per cent in the same month in 2010, as measured by the Wholesale Price Index, WPI.According to official data released today, vegetables were cheaper by 34.18 per cent and wh...
January 16, 2012 8:00 PM
The Free Trade Agreement between India and European Union will take more time to materialize. European Union Foreign Policy Chief, Baroness Catherine Ashton informed this after holding a Ministerial level meeting with External Affairs Minister S M Krishna in Bangalore on Monday.She said, technical d...
January 16, 2012 6:40 PM
The Government has expressed confidence that moderation in inflation will continue in the coming months. Finance Minister Mr. Pranab Mukherjee today said that the headline inflation would be between six and seven per cent by the end of March. Reacting to the decline in monthly inflation to 7.47 per ...
January 16, 2012 6:39 PM
Chairman of the Prime Minister's Economic Advisory Council, C. Rangarajan on Monday said that more steps are required to further moderate the inflation. He was speaking to reporters in New Delhi after the release of Wholesale Price Index Review. Sounding a note of caution, Mr. Rangrajan sai...
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