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August 26, 2011 9:52 PM
Buoyed by seafood exports crossing 2.8 billion US dollar mark in 2010-11, the government on Friday said it has set a target of 4 billion US dollar for this fiscal. According to an official release, citing figures from Marine Products Export Development Authority (MPEDA), the Commerce Ministry said i...
August 26, 2011 9:42 PM
India 's foreign exchange reserves surged 1.615 billion US Dollars to 318.22 billion US Dollars, on the back of a sharp rise in Foreign Currency Assets (FCA), for the week ended August 19, said a report released by the Reserve Bank of India . The hike is significant as a week earlier the to...
August 26, 2011 6:15 PM
Air India plans to stop operations on several loss-making routes to reduce expenditure and improve cash flow as the company's outstanding liabilities.Civil Aviation Minister Vayalar Ravi said in New Delhi on Friday that a group of ministers headed by Finance Minister Pranab Mukherjee has as...
August 26, 2011 5:22 PM
Air India plans to stop operations on several loss-making routes to reduce expenditure and improve cash flow as the company's outstanding liabilities.Civil Aviation Minister Vayalar Ravi said in New Delhi on Friday that a group of ministers headed by Finance Minister Pranab Mukherjee has as...
August 26, 2011 5:20 PM
Falling for the third straight day, the Sensex at the Bombay Stock Exchange dropped 298 points, or 1.8 percent, to close below the key 16,000 mark, at 15,849, amid subdued Asian markets on Friday.The Nifty at the National Stock Exchange fell 92 points, or 1.9 percent, to 4,748.
August 26, 2011 2:01 PM
The Sensex at the Bombay Stock Exchange fell a modest 24 points, to 16,123 in opening trade, this morning, on continued selling by investors, amid interest rate concerns, and subdued Asian markets. Afterwards, the Sensex briefly rebounded into positive territory, before again slipping into the negat...
August 26, 2011 12:05 PM
The Indian rupee declined further by 6 paise to Rs 46.10 per US dollar in early trade today. The domestic currency hovered in a range between Rs 46.00 and Rs 46.10 per US dollar during morning deals.
August 26, 2011 11:24 AM
Oil prices was mixed in Asian trade today. In morning trade, New York's main contract, West Texas Intermediate (WTI) light sweet crude for October delivery eased 10 cents to USD 85.20 a barrel and Brent North Sea crude for October delivery rose 19 cents to USD 110.81.
August 26, 2011 10:46 AM
The Reserve Bank of India's Annual Report for the year ended June 2011 says growth prospects for the present fiscal are relatively subdued compared with the previous year because of the increased global uncertainties, persistent inflationary pressures and higher borrowing costs. The report ...
August 26, 2011 10:45 AM
Oil prices was mixed in Asian trade today. In morning trade, New York's main contract, West Texas Intermediate (WTI) light sweet crude for October delivery eased 10 cents to USD 85.20 a barrel and Brent North Sea crude for October delivery rose 19 cents to USD 110.81.
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