Business

October 13, 2011 1:11 PM

Food inflation eases to 9.32%

Food inflation declined marginally, to 9.32 per cent for the week ended October 1st.Food inflation, as measured on the basis of the Wholesale Price Index (WPI), stood at 9.41 per cent in the previous week. The rate of price rise in food items had stood at 17.14 per cent in the corresponding week of ...

October 13, 2011 10:23 AM

Rupee down marginally by 3 paise

The Indian rupee eased by 3 paise to Rs 48.98 per Dollar in early trade today. At the Interbank Foreign Exchange, the domestic unit had appreciated by 37 paise to close at a one-week high of Rs 48.95 against the US currency in yesterday's trade.

October 13, 2011 10:21 AM

Sensex gains 125 pts in opening trade

The BSE benchmark Sensex gained over 125 points in opening trade today, extending yesterday's gains on continued foreign capital inflows amid a firming trend overseas. The 30-share index rose 0.74 percent, to 17,084 on the back of strengthening banking, auto, IT and consumer durable stocks....

October 12, 2011 7:28 PM

Asian, European market gain in early trade

Most Asian equity markets rose, today, with gains for Chinese banks working to offset losses connected to weak results from US aluminum giant, Alcoa, and a snag for Europe's bailout-fund expansion. So Hong Kong's Hang Seng index rose 1%; China's Shanghai Composite index su...

October 12, 2011 7:04 PM

Vietnam invites Indian businessmen for investment

Vietnam today invited the Indian businessmen to invest in that country. Addressing the Indian captains of the industry in New Delhi today, the visiting Vietnam President Truong Tan Sang said that there is a genuine environment for investment there.He also assured of early implementation of Tata Stee...

October 12, 2011 6:52 PM

RBI serious on problem of fake currency & Banks: D Subbarao

The Governor of Reserve Bank of India D Subbarao said that RBI is serious about problem of fake currency and Banks and Police have been directed to take strict action in such cases and to ensure prevention of fake currency. Addressing a meeting of Rajasthan Chamber of Commerce in Jaipur today Mr Sub...

October 12, 2011 6:34 PM

B5th IBSA summit to be held in South Africausiness News Heading

Deliberations on global financial and economic situation will dominate the proceedings of the 5th India Brazil-South Africa,IBSA summit. It will be held in Pretoria, South Africa from 17th of this month.The leaders of the three nations are expected to firm up their strategy for the G-20 summit to be...

October 12, 2011 6:08 PM

Oil prices down in Asian Trade

Crude prices were down in Asian trade today after OPEC lowered its global oil demand forecast for 2012 and Slovakia rejected a plan to revamp the Euro zone's rescue fund. New York's main contract, light sweet crude dived $ 1.04 to $ 84.77 a barrel. Brent North Sea crude shed 74 cen...

October 12, 2011 6:03 PM

Gold gains 75 Rs to 27,190 Rs per ten grams

Rising for the third straight session, gold gained 75 rupees, to 27,190 rupees per ten grams at Delhi's bullion market, today, on persistent buying by stockists and investors, driven by a rising global trend. Silver added 700 rupees, to 54,600 rupees per kilo.In London, gold gained over 13 ...

October 12, 2011 6:01 PM

<br/>Gold gains 75 rupees, to 27,190 rupees per ten grams<br/>

Rising for the third straight session, gold gained 75 rupees, to 27,190 rupees per ten grams at Delhi&apos;s bullion market, today, on persistent buying by stockists and investors, driven by a rising global trend. Silver added 700 rupees, to 54,600 rupees per kilo.In London, gold gained over 13 ...

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