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July 21, 2011 5:10 PM
Falling for the second straight session, the Sensex at the Bombay Stock Exchange lost 66 points, or 0.4 percent, to 18,436 on Thursday following some disappointing quarterly corporate results and weak global markets. The Nifty lost 25 points, or 0.5 percent, to 5,542. Stock markets in Japan, China, ...
July 21, 2011 2:36 PM
The Sensex at the Bombay Stock Exchange fell 55 points, or 0.3 per cent, to 18,447, in early trade, this morning, on continued selling by investors, after lackluster first quarter earnings of some companies, and amid subdued global markets. After briefly rebounding into positive territory, the Sense...
July 21, 2011 2:23 PM
The Indian Industry body- ASSOCHAM- has said the size of the Indian gems and jewellery market is expected to touch 2.13 lakh crore rupees by 2015. A press release said the size of domestic gems and jewellery market is growing at a steady rate of 15 per cent annually. It said the market currently sta...
July 21, 2011 1:05 PM
European leaders are due to meet in Brussels shortly today to discuss a new bail out plan for Greece, amid calls for urgent action to prevent its debt crisis spreading to other Eurozone countries. The French President Nicolas Sarkozy and the German Chancellor Angela Merkel held seven hours of late n...
July 21, 2011 1:00 PM
Food inflation fell to a three-week low of 7.58 per cent for the week ended July 9. It stood at 8.31 per cent in the previous week. The fall in food inflation rate is on the back of cheaper pulse prices and a high base last year.Data released by the government today said that prices of pulses went d...
July 21, 2011 12:51 PM
Food inflation fell to 7.58 per cent for week ended July 9th. It was 8.31 per cent in the previous week.
July 21, 2011 12:30 PM
The International Monetary Fund has called on China to undertake a series of reforms of its financial system, including loosening controls on its currency. The IMF said that Yuan is substantially undervalued even though China has allowed it to gradually appreciate against the US dollar since last ye...
July 21, 2011 12:28 PM
Hopes of a resolution to the US debt impasse buoyed crude markets in Asia today as traders awaited eurozone crisis talks aimed at preventing a Greek financial meltdown. New York's main contract light sweet crude rose 28 cents to 98.68 dollar a barrel on its first trading day. Brent North Se...
July 21, 2011 11:41 AM
The Indian rupee held steady at 44.44 rupees against the US dollar in early trade on the Interbank Foreign Exchange today. It closed at 44.45 rupees a dollar in the previous session on Wednesday. Forex dealers said banks and corporate preferred to maintain their holdings of the American currency at ...
July 21, 2011 11:37 AM
German Chancellor Angela Merkel and French President Nicolas Sarkozy have sorted out their dispute over involving private creditors in a second financial rescue of debt-laden Greece. The move cleared the way for a deal at the emergency summit of euro zone leaders in Brussels today. The agreement bet...
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