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September 19, 2011 9:23 PM
The Airports Authority of India (AAI), which runs 125 airports across the country, would approach the government to allow it to raise 5,000 crore rupees through infrastructure bonds. Speaking to reporters on the sidelines of a function in New Delhi, AAI Chairman V P Agrawal said AAI will approach th...
September 19, 2011 5:12 PM
Snapping three days of gains, the Sensex at the Bombay Stock Exchange lost 188 points, or 1.1 percent, at 16,745, today, amid weakness in the Asian and European markets. The Sensex had lost 68 points at the day's high and declined 224 points at the day's low. The Nifty at the Natio...
September 19, 2011 2:42 PM
The Sensex at the Bombay Stock Exchange lost 184 points, or 1.1 percent, at 16,750 in intra-day trade today, on weak Asian cues. The Nifty of the National Stock Exchange slipped 55 points, or 1.1 percent, to 5,030.Among Asian markets, China, Hong Kong, Singapore and South Korea fell between 0.9% and...
September 19, 2011 2:23 PM
Government today released the Consumer Price Index (CPI) for the month of August which is 1.18 per cent higher than that of July. The CPI based on retail prices stood at 111.7 points in August, compared to 110.4 points in July. The main increase was seen in the prices of vegetables, with the index r...
September 19, 2011 1:21 PM
The Bombay Stock Exchange Sensex declined by over 158 points in afternoon trade today amid a weakening trend on other Asian bourses and heightened worries over the euro zone debt crisis. The 30-share Sensex, which gained over 463 points in the previous three sessions, fell to 16,775 points with capi...
September 19, 2011 12:16 PM
Oil prices fell sharply in Asian trade today, with investors still worried over the debt crisis in the eurozone and the weak US economy. New York's main contract, light sweet crude was down 1.18 dollar to 86.78 dollar a barrel in morning trade. Brent North Sea crude slipped 95 cents to 111....
September 19, 2011 10:39 AM
The Indian rupee fell by 47 paise to Rs 47.73 per US dollar in early trade. Dealers attributed the rupee's fall to dollar gains against the euro overseas and a weak opening in the stock market. The rupee had appreciated by 29 paise to close at Rs 47.27 against the US currency in the previou...
September 19, 2011 10:07 AM
The Bombay Stock Exchange Sensex declined by over 161 points in opening trade today amid a weakening trend on other Asian bourses and heightened worries over the euro zone debt crisis. The 30-share Sensex, which gained over 463 points in the previous three sessions, fell to 16,772 in opening trade t...
September 18, 2011 7:56 PM
The government has announced a new duty draw back scheme to give incentives to exporters. Speaking to media in New Delhi, Finance Secretary R S Gujral said the Duty Entitlement Pass Book (DEPB) Scheme for exporters will end after 30th of this month. The new scheme comes into force from 1st October. ...
September 18, 2011 5:46 PM
Chief Economic Advisor to government of India Kaushik Basu has pitched for a reduction in interest rates to maintain growth. In an interview to a private news channel, Mr Basu said the RBI's tight monetary policy has had limited impact and the time has come to try something different. His c...
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