Business

October 24, 2011 8:45 PM

RBI to announce mid year monetary policy tomorrow

The Reserve Bank of India is going to announce its mid-year monetary policy on Tuesday. In a press release issued in Mumbai today, the RBI has reiterated that its monetary policy will continue to remain focussed on taming inflation even if it results in moderation of growth.RBI release stated, altho...

October 24, 2011 6:04 PM

Plan Panel forms Committee to fix financial conditions of power companies

The Planning Commission has set up a Committee headed by its Member B K Chaturvedi to improve the financial health of power distribution companies in the country which is reeling under huge losses.The Committee also includes representatives from the Union Finance Ministry, the Reserve Bank of India ...

October 24, 2011 6:00 PM

Plan Panel forms Committee to fix financial conditions of power companies

The Planning Commission has set up a Committee headed by B K Chaturvedi to improve the financial health of power distribution companies in the country which is reeling under huge losses. The Committee also includes representatives from the Union Finance Ministry, the Reserve Bank of India and offici...

October 24, 2011 5:50 PM

Sensex gains 154 points

The Sensex at the Bombay Stock Exchange gained 154 points, or 0.9 percent, to 16,939, in line with rising global markets on Monday. The Nifty at the National Stock Exchange rose 48 points, or 1 percent, to 5,098.Stock markets in Japan , China , Hong Kong , Singapore , and South Korea gained between ...

October 24, 2011 5:49 PM

Gold reaches Rs 27130 per ten grams in Delhi

Gold rose 100 rupees, to 27,130 rupees per ten grams at Delhi 's bullion market on Monday, on festive season buying by retailers and stockists, amid a firm global trend. Silver gained 300 rupees, to 53,500 rupees per kilo.In the global markets, gold gained 0.9 per cent, to 1,657 dollars an ...

October 24, 2011 2:22 PM

Sensex trading in green by 272 pts

The Sensex at the Bombay Stock Exchange rallied 301 points, or 1.8 per cent, to again cross the 17,000 mark, at 17,086 in opening trade, this morning, on fresh buying by investors, driven by rising Asian markets. Later, after paring its gains only slightly, the Sensex stood a good 272 points or 1.6 ...

October 24, 2011 12:27 PM

Sensex trading up by 297 pts

The BSE benchmark Sensex, which surged 300 points in opening trade today, was trading 297 points up at 17,089 a short while ago.Similarly, the wide-based National Stock Exchange Nifty index stood 91 points up at 5,141.

October 24, 2011 11:38 AM

Japanese exports increase in September

Japanese exports grew in September for a second straight month, signaling a gradual recovery from the March 11 earthquake and tsunami. The Japanese Finance Ministry announced today that exports rose 2.4 percent from a year earlier, pushing Japan back into a trade surplus.The country registered a tra...

October 24, 2011 11:37 AM

Oil gains in Asian trade

Crude oil prices rose in Asian trade today. New York's main contract, light sweet crude for delivery in December, rose eight cents to USD 87.48 a barrel. Brent North Sea crude for December delivery gained 40 cents to USD 109.96.

October 24, 2011 10:50 AM

Rupee appreciates by 18 paise

The rupee strengthened by 18 paise to Rs 49.83 per US dollar in early trade. The rupee had lost 21 paise to close at Rs 50.01 against the US dollar on Friday

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