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September 8, 2011 2:09 PM
The Sensex at the Bombay Stock Exchange rose 61 points, or 0.4 per cent, to 17,126 within the first few minutes of trade, this morning, on continued buying interest, amid rising Asian markets. Later, the Sensex gave up all its initial gains, to briefly slip into negative territory, before again rebo...
September 8, 2011 1:32 PM
Food inflation fell to a single-digit at 9.55 per cent for the week ended August 27 after breaching the double-digit mark in the previous week. Food inflation, as measured on the basis of the Wholesale Price Index (WPI), stood at 10.05 per cent in the previous week. The rate of price rise of food it...
September 8, 2011 12:41 PM
Hurricane fears steered crude prices towards 90 dollar in Asian trade today as stockpiles were forecast to fall due to a shutdown of oil production facilities in the Gulf of Mexico. New York's main contract, light sweet crude added 41 cents to 89.75 dollar per barrel. Brent North Sea crude ...
September 8, 2011 10:29 AM
The Indian rupee shed 6 paise to Rs 46.22 per dollar in early trade. The rupee had fallen by 5 paise to a one-year low of Rs 46.17 against the US currency in the previous session.
September 8, 2011 9:53 AM
The Bombay Stock Exchange benchmark Sensex rose by over 60 points in opening trade today. The 30-share BSE index, which gained 351.67 points in the previous two sessions, advanced further by 60.84 points, or 0.35 per cent, to 17,125.84 in the first five minutes of trade. Likewise, the wide-based Nat...
September 7, 2011 9:37 PM
Car-maker, Toyota Kirloskar Motor on Wednesday said it will raise the prices of its vehicles by 1.5 to 2 per cent, from October 1.This is mainly due to rising component costs and appreciation in the yen.Toyota Kirloskar Motor has already increased the prices of its vehicles twice this year, in April...
September 7, 2011 9:37 PM
Tata Motors on Wednesday said it has cut production in both the passenger and commercial vehicle segments in order to align its output with market demand.A seniro company official said the production cuts would vary for different models, but did not provide specific details. He said in the commercia...
September 7, 2011 9:36 PM
Pharma firm, Aurobindo Pharma on Wednesday said it has formed an equal joint venture with Russian healthcare equipment company, Ojsc Diod, to manufacture and sell medicines in Russia, Belarus and Kazakhstan.Aurospharma Company, the new JV will set up a plant to make Non Penicillin and Non Cephalospo...
September 7, 2011 9:36 PM
The Society of Indian Automobile Manufacturers, SIAM on Wednesday said the size of the domestic passenger vehicles market is likely to touch 5.6 million units by 2017.Stating this, SIAM President Pawan Goenka also said, at the industry body's annual summit in New Delhi, that exports may tou...
September 7, 2011 8:13 PM
The Government has increased the minimum export price, MEP, of onion by a sharp 175 US dollars per tonne to 475 US dollars a tonne.This move is aimed at discouraging outbound shipments and controlling surging domestic retail prices of the kitchen staple.The sharp rise in MEP is expected to discourag...
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