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November 9, 2011 5:08 PM
India's largest fuel retailer Indian Oil Corporation (IOC), has said that the Petrol price may be cut next week if global oil prices continue to decline and the rupee remains stable against the US dollar. IOC chairman R S Butola told PTI that petrol prices have come down from USD 125 per ba...
November 9, 2011 5:07 PM
The Competition Appellate Tribunal (Compat) today stayed the Rs 630 crore penalty imposed by fair trade watchdog Competition Commission of India (CCI) on realty major DLF over alleged abuse of dominant market position.However, the tribunal clarified in an interim order that if DLF loses its case, th...
November 9, 2011 5:07 PM
The Chairman of the Prime Minister's Economic Advisory Council Dr C Rangarajan says inflation is expected to ease to seven per cent by March next year.Delivering the 12th Hormis Memorial Foundation Commemorative Lecutre in Kochi, Dr Rangarajan said the extraordinarily high level of inflatio...
November 9, 2011 5:06 PM
Gold gained 200 rupees, to hit an all-time high of 29,140 rupees per ten grams at Delhi's bullion market, today, on marriage season demand, and as the precious metal rallied in the overseas markets. Silver coins shot up 2,500 rupees, to a record high of 68,000 rupees for buying 100 pieces. ...
November 9, 2011 5:05 PM
The Sensex at the Bombay Stock Exchange declined 207 points, or 1.2 percent, to 17,362, after volatile trade, today, after ratings agency, Moody's lowered its outlook on the country's banking system. The Nifty at the National Stock Exchange lost 68 points, or 1.3 percent, to 5,221....
November 9, 2011 2:23 PM
The Sensex at the Bombay Stock Exchange rose 89 points, or 0.5 per cent, to 17,658 in opening trade, this morning, on continued buying by investors, tracking a firm trend on the other Asian bourses. But later, the Sensex surrendered all its early gains, to briefly slip into negative territory, befor...
November 9, 2011 2:22 PM
At the Inter-bank Foreign Exchange market, the rupee depreciated 41 paise, to a two-week low of 49.88 against the dollar, in early trade, today, on sustained demand for the US currency from importers and banks. The rupee had closed at 49.47 per dollar, yesterday.
November 9, 2011 1:21 PM
The BSE benchmark Sensex that rose 89 points this morning stood 25 points down at 17544 points a short while ago. The wide-based National Stock Exchange Nifty Index was also trading down by nearly 14 points, at 5,275.In the Asian region, Hong Kong's Hang Seng Index rose by 1.68 per cent and...
November 9, 2011 12:05 PM
The rupee was down by 41 paise to a two-week low of Rs 49.88 per US dollar in early trade today on sustained demand for the American currency from importers and banks.The rupee had resumed higher at Rs 49.40 per dollar, but later fell sharply 49.76 on the Interbank Foreign Exchange from its previous...
November 9, 2011 12:05 PM
The BSE benchmark Sensex that rose 89 points this morning stood 35 points up at 17605 points a short while ago. In a similar fashion, the wide-based National Stock Exchange Nifty Index was trading 6 points, or 0.11 per cent, at 5,295.In the Asian region, Hong Kong's Hang Seng Index rose by ...
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