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December 2, 2011 9:58 AM
The Bombay Stock Exchange Sensex declined by nearly 45 points in opening trade today as participants booked profits recorded during the previous two sessions amid a weakening Asian trend.The 30-share barometer, which gained over 475 points during the past two sessions, declined by nearly 45 points, ...
December 2, 2011 9:41 AM
The new guidelines issued by the Insurance Regulatory and Development Authority (IRDA) allow private sector life insurers, like HDFC Standard Life, ICICI Prudential and SBI Life, to tap the capital market for funds.The guidelines say life insurance companies, which have been in business for over 10 ...
December 1, 2011 10:00 PM
Insurance regulator - IRDA today came out with guidelines allowing life insurance companies to raise funds from the public through IPOs. This will be applicable to those in business for over 10 yearsThe Authority however, will decide the size of the public issue.
December 1, 2011 8:42 PM
Finance Minister Pranab Mukherjee today said the overall rate of price rise will moderate to around 6 to 7 percent by March, 2012. Mukherjee made the statement while commenting on a sharp fall in food inflation to 8 per cent for the week ended November 19 from 9.01 per cent in the previous week.Infl...
December 1, 2011 7:54 PM
Food inflation witnessed a sharp moderation to 8 per cent for the week ended November 19. Food inflation, as measured by the Wholesale Price Index (WPI), was 9.01 per cent in the previous week ended November 12. It stood at 9.03 per cent in the corresponding week of the previous year.According to da...
December 1, 2011 7:35 PM
Planning Commission Deputy Chairman Montek Singh Ahluwalia has said the government has consulted all stakeholders, including UPA allies, before opening the multi-brand retail to foreign investment. Participating in a TV programme he said the decision provides States the power to decide on opening up...
December 1, 2011 5:22 PM
Lifted by rising global markets, the Sensex at the Bombay Stock Exchange spurted 360 points, or 2.2 percent, to 16,483, Thursday. At the day's high the Sensex had gained as much as 595 points. The Nifty at the National Stock Exchange surged 105 points, or 2.2 percent, to 4,937.Stock markets...
December 1, 2011 2:01 PM
Lifted by rising global markets, the Sensex at the Bombay Stock Exchange zoomed a massive 591 points, or 3.7 per cent, to 16,714 within minutes of opening, this morning.Later, after paring its gains somewhat, the Sensex still stood a hefty 457 points, or 2.8 percent in positive territory, at 16,581 ...
December 1, 2011 12:49 PM
The BSE Sensex that shot up by more than 590 points in opening trade today was trading up by 422 points at 16,545 a short while ago.The NSE Nifty is trading 125 points up at 4957.
December 1, 2011 12:49 PM
The Indian rupee gained 48 paise to 51 rupees 72 paise per US dollar in early trade today. The rupee resumed higher at 51 rupees 84 paise per dollar on the Interbank Foreign Exchange, as against its previous close of 52 rupees 21 paise per dollar, and moved up further to 51 rupees 72 paise per dolla...
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