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September 23, 2011 10:11 AM
The Indian rupee tumbled by 34 paise to an almost 28-month low of Rs 49.82 per US dollar in early trade on the Interbank Foreign Exchange on Friday. Forex dealers attributed the rupee's fall to a level last seen in May, 2009, to strong dollar demand from importers and some banks and dollar ...
September 22, 2011 9:17 PM
Food inflation fell to 8.84 per cent in the week ended September 10 from 9.47 per cent in the previous week. Experts, say the fall in inflation on a weekly basis is on account of statistical reasons, called as high base effect. As per the data, wheat prices during the week were down, onions and pota...
September 22, 2011 9:15 PM
Finance Minister Pranab Mukherjee who is on a five-day visit to the U.S. has strongly pitched for American investment in India's infrastructure sector. He was addressing the 8th Annual India Investment Forum meeting in New York. Heading a delegation, including three of his Cabinet colleague...
September 22, 2011 9:14 PM
Finance Minister Pranab Mukherjee who is on a five-day visit to the U.S. has strongly pitched for American investment in India's infrastructure sector. He was addressing the 8th Annual India Investment Forum meeting in New York. Heading a delegation, including three of his Cabinet colleague...
September 22, 2011 9:05 PM
Stock markets around the world have fallen sharply following warnings about economic outlook from the United States Federal Reserve. By early afternoon share prices in London and Paris dropped by about 5 per cent. Asia markets also closed substantially lower.
September 22, 2011 9:04 PM
Stock markets around the world have fallen sharply following warnings about economic outlook from the United States Federal Reserve. By early afternoon share prices in London and Paris dropped by about 5 per cent. Asia markets also closed substantially lower.Falling in tandem with tumbling global ma...
September 22, 2011 8:51 PM
Tracking the meltdown in global stock markets, the rupee on Thursday plunged by 124 paise to close at nearly two-and-a half years low of 49 rupees 58 paise against the US dollar.Finance Minister Pranab Mukherjee, meanwhile, in New York said RBI will intervene in the foreign exchange marketas and whe...
September 22, 2011 8:33 PM
Multinational power and automation technology company, ABB on Thursday said it has secured a 71 million dollar order from Steel Authority of India Ltd., for the supply of a high-voltage sub-station package to the steel major's Bhilai plant, in Chhattisgarh.
September 22, 2011 7:34 PM
Finance Minister Pranab Mukherjee expressed confidence that India will be able to achieve 8 per cent growth this year. He however noted that the global economic environment remains an area of concern.Speaking to reporters in New York after meeting leading Indian industrialists at an investment forum...
September 22, 2011 7:15 PM
Finance Minister Pranab Mukherjee expressed confidence that India will be able to achieve 8 per cent growth this year. He however noted that the global economic environment remains an area of concern.Speaking to reporters in New York after meeting leading Indian industrialists at an investment forum...
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