Sensex drops 287 pts

The Sensex at the Bombay Stock Exchange dropped 287 points, or 1.7 per cent, to 16,580 in the first few minutes of trade, this morning, on continued selling by investors, ahead of industrial production data for July, and amid tumbling overseas markets. Later, weak industrial growth numbers dragged t...

Sensex falls 300 pts in early trade

The BSE benchmark Sensex, which fell by over 300 points in early trade today, was trading 395 points in the negative zone at 16,472 when reports last came in. The 30-share index had lost 298 points in the previous session on Friday. In a similar fashion, the wide-based National Stock Exchange Nifty ...

Industrial growth falls to 3.3%

The Industrial growth in July this year fell to 3.3 percent compared to 9.9 percent in the corresponding month last year. According to the data released by the Ministry of Statistics and Programme Implementation, the marginal growth was mainly on account of poor performance in capital goods, manufac...

Sensex falls over 300 pts

The BSE benchmark Sensex fell by over 300 points in early trade on Sunday. The 30-share index, which had lost 298 points in the previous session, fell further by 287 points, or 1.70 per cent, to 16,579 in the first few minutes of trade. IT, banking, metal and auto stocks led the fall. The Sensex was...

Rupee falls by 38 paise

The Indian rupee fell by 38 paise at an over one-year low of 46 Rupees 94 paise against the US dollar in early trade today. In the previous session on Friday, the local currency had tumbled 37 paise to close at a fresh one-year low of 46.56 Rupees against the American currency.

Crude oil sinks in Asia today

Crude oil prices sank in Asia today. New York's main contract, light sweet crude for delivery in October, dived USD 1.23 to USD 86.01 per barrel. Brent North Sea crude for October delivery fell USD 1.02 to USD 111.75.

Mobile telephone users cross 858 million mark <br/>

The Mobile telephone users have crossed 858 million mark in July this year. According to data released by Telecom Regulatory Authority of India,TRIA, telecom operators in the country have added 6.67 million new mobile connections. India, the world&apos;s second-largest mobile phone market, has w...

The Planning Commission has estimated the country&apos;s coal demand to go up to 1,000 million tonnes by the end of the 12th Plan period. In an approach paper for the 12th plan period, the Commission has said the demand for coal rose by about 8 per cent a year during the 11th Plan and may rise b...

India earns 215.27 crore rupees from flower exports

India earned around 215.27 crore rupees from exports of flowers to over 90 countries last year. According to the official data presented in Parliament, the country had shipped over 21845 tonnes of flowers to 93 countries during the period. India and China have large chunk of areas under floriculture...

Greece to make spending cuts as demanded by international creditors

The Greek Prime Minister George Papandreou has promised that his country will make the spending cuts being demanded by its international creditors. Mr. Papandreou said any delay and wavering would be dangerous for Greece. He insisted it would stay in the Euro.