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August 10, 2011 8:42 PM
The deposits of Indians in Swiss banks have shown a steady decline over the year. It has halved to 9,295 crore rupees last year from about 23,373 crore rupees in 2006.Finance Minister Pranab Mukherjee said this in a written reply to the Rajya Sabha quoting Swiss National Bank data.Indians accounted ...
August 10, 2011 8:42 PM
Finance Minister Pranab Mukherjee on Wednesday exuded confidence that markets will stabilise in the next few days. He told reporters outside Parliament that the government and the Reserve Bank of India will work in close cooperation to bring stability besides ensuring adequate liquidity in the forex...
August 10, 2011 7:22 PM
South Korean steel major Posco has proposed a number of modifications in the Memorandum of Understanding (MoU) made with Odisha Government for its proposed 52,000 crore rupees steel plant near Paradip of Jagatsinghpur district of Odisha. Posco wants its new proposals to be cleared by the Odisha Gove...
August 10, 2011 5:34 PM
Snapping a six-session losing streak, the Sensex at the Bombay Stock Exchange rallied 273 points, or 1.6 percent, to again close above the 17,000 level, at 17,131 on Wednesday. The Sensex rose on value-buying by investors, amid rising global markets, after the US central bank pledged to keep interes...
August 10, 2011 5:34 PM
The Food Ministry has cleared export of 4.33 lakh tonnes of sugar out of five lakh tonnes quantity the government had cleared in June. The government had notified export of 5 lakh tonnes of sugar under Open General Licence last month. According to the latest official data, the Ministry has issued ex...
August 10, 2011 2:15 PM
The Sensex at the Bombay Stock Exchange staged a smart recovery, by surging 399 points, to regain the 17,000 level, at 17,256, in opening trade, this morning, on renewed buying by investors, in line with a smart rebound on the other Asian bourses. Later, the Sensex eased somewhat, but still stood a ...
August 10, 2011 1:02 PM
Snapping its six-session losing streak, the Bombay Stock Exchange benchmark Sensex made a strong comeback and was trading 272 points up at 17,130 in afternoon deals. Earlier, the 30-share BSE barometer, which had lost nearly 1,455 points in the past six sessions to hit a 14-month low, rose by 398 po...
August 10, 2011 12:18 PM
Snapping a six-session losing streak, the Indian rupee appreciated by 25 paise to 44 Rupees 95 Paise against the US dollar in early trade today. Forex dealers said, dollar weakness against the euro and other currencies overseas after the US Federal Reserve announced that it will keep rates low for a...
August 10, 2011 12:08 PM
Boosted by a firm overseas trend, gold spurted 610 rupees, to touch a new all-time high of 25,840 rupees per ten grams at Delhi's bullion market on Tuesday. But silver met with resistance at prevailing high levels, and fell 1,000 rupees, to 58,900 rupees per kilo.In London, gold zoomed to a...
August 10, 2011 12:05 PM
Snapping its six-session losing streak, the Bombay Stock Exchange benchmark Sensex made a strong comeback by rising nearly 300 points and was trading at 17,160 during noon today, supported by a rebound on other Asian bourses.Earlier, the 30-share BSE barometer, which has lost nearly 1,455 points in ...
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