Food inflation up by 0.77%

Food inflation rose by 0.77 percent point to 9.80 per cent for the week ended August 13. It was 9.03 per cent in the previous week. The rise in food inflation rate is on the back of dearer onions, potatoes, fruits and protein-based items. Data released by the government on Thursday shows that the pr...

Food inflation up by 0.77%

Food inflation rises by 0.77 per cent points to 9.80 per cent for the week ended August 13. It was 9.03 per cent in the previous week.

Rupee down by 21 paise against US dollar

The Indian rupee depreciated by 21 paise to Rs 46.20 rupees per US dollar in early trade on the Interbank Foreign Exchange on Thursday. It had closed at 45.99 rupees against the greenback in the previous session.Dealers said month-end dollar demand from importers and weakness of the euro and other A...

Sensex falls by 119 in noon trade

The Bombay Stock Exchange benchmark Sensex fell by 119 points to 16,165 in noon trade on Thursday. Sensex had earlier gained 87 points in the first few minutes of trade on Thursday. In a similar fashion, the wide-based National Stock Exchange Nifty index shed 40 points to 4848.

Steve Jobs of Apple Inc. resigns

Steve Jobs, the co-founder and head of Apple Inc., the company behind the wildly popular iPhones, iPads, and iPods, has resigned. In a letter, Mr. Jobs told the Apple Board of Directors that he could no longer meet his duties and expectations as the company's Chief Executive Officer. Jobs h...

Rupee down by 17 paise against dollar in early trade

The Indian rupee depreciated by 17 paise to 46.16 rupees per US dollar in early trade on the Interbank Foreign Exchange on Thursday. It had closed at 45.99 rupees against the greenback in the previous session on Wednesday.Dealers said month-end dollar demand from importers and weakness of the euro a...

Oil prices higher in Asian trade

Oil was higher in Asian trade on Thursday. New York's light sweet crude gained 14 cents to 85.30 dollars a barrel and Brent North Sea crude was up by 21 cents at 110.36 dollars a barrel. Analysts said investors are watching out for Friday's speech by Bernanke, which will be scrutin...

Sensex gains 87 pts in opening trade

The Bombay Stock Exchange benchmark Sensex gained 87 points in opening trade on Thursday. It was trading at 16,293, up by over 8 points a short while ago. Analysts said the rise in sensex is driven by a firming trend on other Asian bourses. Meanwhile, in the Asian region, Japan's Nikkei Ind...

Sensex drops by 213 pts, Rupee down by 36 paise, Gold sheds 350 rupees

Snapping a two-day rally, the Sensex at the Bombay Stock Exchange dropped 213 points, or 1.3 percent, to 16,285, on Wednesday, on profit-booking by investors, amid falling Asian markets. The Nifty lost 60 points, or 1.2 percent, to 4,889.Stock markets in Japan, China, Hong Kong, South Korea and Sing...

No systemic risk from rising bad loans: RBI