Business

November 3, 2011 1:08 PM

Food inflation rises to 12.21%

Food inflation has increased despite several measures by the Reserve bank of India. The food inflation jumped to 12.21 per cent for week ended October 22 from 11.43 per cent in previous week. This was revealed by Finance Minister Pranab Mukherjee while talking to reporters in New Delhi on Thursday. ...

November 3, 2011 12:53 PM

Sensex falls 163 pts in noon trade

The BSE benchmark Sensex fell nearly 163 points to 17,302 in the noon trade today, extending its three-day losing streak. The market opened 52 points lower. This follows weak cues from Asian markets amid fears that the euro zone debt crisis will worsen. The 30-share Sensex, which has lost nearly 340...

November 3, 2011 12:09 PM

Oil prices tumble in Asian trade

Oil prices tumbled in Asian trade today, dragged down by a surging greenback and worries over a European debt rescue plan jeopardised by Greece's decision to hold a referendum. New York's main contract, light sweet crude for delivery in December, fell 96 cents to 91.55 dollar per b...

November 3, 2011 11:59 AM

Sensex falls 145 pts in noon trade

The BSE benchmark Sensex fell nearly 145 points to 17,332 in the noon trade today, extending its three-day losing streak. The market opened 52 points lower. This follows weak cues from Asian markets amid fears that the euro zone debt crisis will worsen. The 30-share Sensex, which has lost nearly 340...

November 3, 2011 11:57 AM

Sensex falls 52 pts in opening trade

The BSE benchmark Sensex fell 52 points to 17,413 in opening trade today, extending its three-day losing streak. This follows weak cues from Asian markets amid fears that the euro zone debt crisis will worsen.The 30-share Sensex, which has lost nearly 340 points over the past three sessions, fell by...

November 3, 2011 11:39 AM

Rupee down by 30 paise against US dollar

The Indian rupee was down by 30 paise at Rs 49.48 per US dollar in early trade on Thursday. This follows fresh demand for the American currency from banks and importers amid a stronger dollar in overseas markets.The rupee had strengthened by 8 paise to close at 49 rupees 19 paise against the US doll...

November 3, 2011 10:07 AM

Rupee down by 20 paise against US dollar

The rupee fell by 20 paise to 49 rupees 38 paise per US dollar in early trade on the Interbank Foreign Exchange today. The fall is attributed to appreciation of the American currency against the euro and Asian rivals overseas.In addition, a lower opening in the domestic equity market weighed on the ...

November 3, 2011 10:06 AM

Sensex falls 52 pts in opening trade

The BSE benchmark Sensex fell 52 points to 17,413 in opening trade today, extending its three-day losing streak. This follows weak cues from Asian markets amid fears that the euro zone debt crisis will worsen.The 30-share Sensex, which has lost nearly 340 points over the past three sessions, fell by...

November 3, 2011 9:49 AM

Sensex falls 52 pts in opening trade

The BSE benchmark Sensex fell 52 points to 17,413 in opening trade today, extending its three-day losing streak. This follows weak cues from Asian markets amid fears that the euro zone debt crisis will worsen. The 30-share Sensex, which has lost nearly 340 points over the past three sessions, fell b...

November 2, 2011 9:22 PM

Financial regulators, RBI to review economic crisis preparedness

Financial sector regulators, including the Reserve Bank, will review India's preparedness to deal with the looming global economic crisis and devise steps to mitigate its impact on the country at their meeting in New Delhi on Thursday. The meeting of the Financial Stability and Development ...

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