Food inflation rate touches 10.05 per cent for week ended on August 20

Food inflation entered the double-digit number after a gap of five months, at 10.05 per cent for the week ended August 20. Food inflation, as measured by the Wholesale Price Index (WPI), was 9.80 per cent in the previous week. The rate of price rise of food items was over 15 per cent during the same...

Food inflation rate touches 10.05 per cent for week ended on August 20

Food inflation entered the double-digit number after a gap of five months, at 10.05 per cent for the week ended August 20. Food inflation, as measured by the Wholesale Price Index (WPI), was 9.80 per cent in the previous week. The rate of price rise of food items was over 15 per cent during the same...

Oil prices up in Asia

Oil prices rose in Asia on Thursday on positive Chinese and Australian data. New York's main contract, light sweet crude for delivery in October, advanced 21 cents to USD 89.02 per barrel. Brent North Sea crude for October delivery gained 29 cents to USD 115.14.

The Prime Minister's Economic advisory panel (PMEAC) has exuded confidence that the economy would expand by 8.2 per cent in the current fiscal, notwithstanding a slippage in growth in the April-June period. While commenting on deceleration in economic growth to 7.7 per cent during the first...

First biotech park of North-East India ready for hosting entrepreneurs, firms

The first biotech park of the North-East, being set up at Indian Institute of Technology campus at North Guwahati in Assam, is ready for hosting entrepreneurs and firms. Chief Executive Officer of the Park, Mr. Anil Chandra Ghosh said, a host of facilities are to be provided to the prospective entre...

Rupee appreciates against US dollar

The Indian rupee appreciated by 16 paise to 45 Rupees 90 paise against the US dollar in early trade on Tuesday on persistent selling of the American currency by banks and exporters in view of dollar weakness in overseas market. The domestic currency, which ended 9 paise higher at 46.07 rupees on Mon...

Prime Minister's advisory panel exuded confidence that the economy would expand by 8.2 per cent in the current fiscal, notwithstanding a slippage in growth in the April-June period. While commenting on deceleration in economic growth to 7.7 per cent during the first quarter of the current f...

Economy likely to expand by 8.2% in current fiscal

Prime Minister's advisory panel on Tuesday exuded confidence that the economy would expand by 8.2 per cent in the current fiscal, notwithstanding a slippage in growth in the April-June period.While commenting on deceleration in economic growth to 7.7 per cent during the first quarter of the...

Sensex climbs by 260 pts

Gaining for the second straight session, the Sensex at the Bombay Stock Exchange climbed 260 points, or 1.6 percent, to 16,677, on Tuesday, in line with rising Asian markets.The Nifty at the National Stock Exchange rose 81 points, or 1.7 percent, to 5,001.Stock markets in Japan, Hong Kong and South ...

India's economy grows by 7.7 % in first quarter of 2011-12

India's economy grew by just 7.7 per cent in the first quarter of the 2011-12 financial year, compared to 8.8 per cent growth in the same three-month period last fiscal. In the latest data released by the government today, GDP growth for the April-June quarter of the 2010-11 fiscal has also...