Business

September 14, 2011 1:14 PM

FM expresses concern over rising inflation

Finance Minister Pranab Mukherjee today expressed concern over rising inflation. Talking to reporters in New Delhi, Mr.Mukherjee said that global stress on economy is the main reason behind rise of inflation. He added that RBI and government is closely monitoring the situation.

September 14, 2011 12:45 PM

Inflation soars to 9.78% in August

Inflation has gone up to 9.78 per cent on the back of soaring prices of food and manufactured products. This is the ninth consecutive month when headline inflation has been above the 9 per cent-mark. As per data released by the government on Wednesday, the overall inflation figure for June this year...

September 14, 2011 12:04 PM

Rupee down to almost two Yr low

The Indian rupee tumbled by 34 paise to an almost two-year low of 47.93 rupees per US dollar in early trade on the Interbank Foreign Exchange today as the American currency firmed up against other major rivals overseas. Dealers attributed the rupee's fall to a level last seen in September, ...

September 14, 2011 10:49 AM

ADB to provide $ 100 million loan for solar power initiatives in Gujarat

The Asian Development Bank (ADB) has said it extend 100 million dollars loan for solar power initiatives in Gujarat. The funds will be used for a substation, transmission lines and other equipment to collect and distribute solar power generated by plants in the Charanka Solar Park in Gujarat&apo...

September 14, 2011 10:09 AM

Rupee tumbles by 34 paise

The Indian rupee tumbled by 34 paise to an almost two-year low of 47.93 rupees per US dollar in early trade on the Interbank Foreign Exchange today as the American currency firmed up against other major rivals overseas. Dealers attributed the rupee's fall to a level last seen in September, ...

September 14, 2011 9:54 AM

Sensex declines by 71 pts in opening trade

The Bombay Stock Exchange benchmark Sensex declined by over 71 points in opening trade today on sustained selling by funds and retail investors.The 30-share BSE index, which has lost nearly 800 points over the previous three sessions, fell by 71 points, or 0.44 per cent, to 16,396 in the first five ...

September 13, 2011 8:56 PM

Sensex down by 34 points in closing trade

Extending its losses for the third straight session, the Sensex at the Bombay Stock Exchange fell 34 points, or 0.2 percent, to 16,467, after volatile trade, on profit-booking by investors, amid weak European markets, today. The Nifty at the National Stock Exchange lost 6 points, or 0.1 percent, to ...

September 13, 2011 7:15 PM

Sensex down by 34 points inclosing trade

Extending its losses for the third straight session, the Sensex at the Bombay Stock Exchange fell 34 points, or 0.2 percent, to 16,467, after volatile trade, on profit-booking by investors, amid weak European markets, today. The Nifty at the National Stock Exchange lost 6 points, or 0.1 percent, to ...

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