Crude down in Asian trade on profit taking

Crude oil prices headed down in Asian trade today as traders took profits from a heady overnight rally sparked by a slew of positive economic data from the US, Europe and China. New York's main contract, light sweet crude for delivery in December, retreated 23 cents to 97.55 dollar per barr...

Rupee weakens by 20 paise

At the inter-bank foreign exchange market, the rupees weakened 20 paise, to 50.37 against the dollar, in early trade, today.The rupee fell on persistent dollar demand from banks and importers, despite weakness of the US currency in the global markets.

Sensex plummets by 200 pts in noon trade

The Sensex at the Bombay Stock Exchange lost 194 points, or 1.1 per cent, to 17,168, in early trade, this morning, with sentiment hit by some poor corporate results.Later, the Sensex remained weak, and stood 200 points or 1.2 percent in negative territory, at 17,162 in afternoon deals, a short while...

Food inflation falls to 11.81% for week ended Oct 29

Food inflation declined marginally to 11.81 per cent in the week ended October 29. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 12.21 per cent in the previous week ended October 22.The rate of price rise of food items stood at 12.68 per cent in the corresponding week of t...

Sensex tumbles further by 220 pts in noon trade

The BSE benchmark Sensex which lost nearly 195 points in opening trade today, fell further by 220 points during afternoon trade. The 30-share index, which had lost 207 points in the previous session, fell further by 220 points, or 1.27 per cent, to 17,142.In a similar fashion, the wide-based Nationa...

Food inflation falls to 11.81% for week ended Oct 29

Food Inflation has registered a decline of 0.87 percent for the week ended 29th October on year on year basis. According to the official data released today food inflation for the week ended 29th October stood at 11.81 percent compared to 12.68 percent on year on year basis.The food inflation in the...

Government today said that inflation will moderate by end of next month. Talking to reporters in New Delhi, Deputy Chairman of Planning Commission Montek Singh Ahluwalia said that efforts put in by government are showing results and inflation is expected to tip down by the year end.Mr. Ahluwalia add...

Rupee resumes lower at Rs 50.35 per dollar

The rupee was down by 20 paise to Rs 50.37 against the US dollar in early trade today on persistent dollar demand from banks and importers, though the American currency weakens in global markets.The rupee resumed lower at Rs 50.35 per dollar on the Interbank Foreign Exchange, against its previous cl...

Sensex tumbles further by 228 pts in noon trade

The BSE benchmark Sensex which lost nearly 195 points in opening trade today, fell further by nearly 228 points during noon trade. The 30-share index, which had lost 207 points in the previous session, fell further by 228 points, or 1.31 per cent, to 17,134 during noon.In a similar fashion, the wide...

Industrial growth slumps to 1.9% in September

Industrial growth has slumped to 1.9 per cent in September from 6.1 per cent in the same month last year.According to the official data released by the Ministry of Statistics and Programme Implementation, the decline was due to the poor performance of Electrical machinery and apparatus which registe...