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June 29, 2011 4:48 PM
Rising for the fifth straight session, the Sensex at the Bombay Stock Exchange jumped 201 points, or 1.1 percent, to 18,694, today. The Nifty at the National Stock Exchange added 55 points, or 1 percent, to 5,600.
June 29, 2011 2:18 PM
The Food Processing Ministry is planning to give 8 crore rupees for research and development in the food processing sector in the current financial year. Speaking at a conference on identify Focus Areas in Research and Development in the area of Food processing organised in New Delhi, the Secretary,...
June 29, 2011 1:48 PM
Planning Commission Deputy Chairman Montek Singh Ahluwalia stressed on the need to strengthen statistic data system in the country. He however cautioned to be wary of misrepresenting statistics. He was speaking at the National Statistics Day function in New Delhi on Wednesday. He added that statisti...
June 29, 2011 1:40 PM
Continuing to rally, the Sensex at the Bombay Stock Exchange gained 120 points, or 0.7 per cent, to 18,612, in early trade on Wednesday, on sustained buying by foreign funds, amid firm Asian Bourses. Later the Sensex climbed even further, and stood a good 184 points, or 1 percent in positive territo...
June 29, 2011 1:35 PM
Finance Minister Pranab Mukherjee on Wednesday congratulated French Finance Minister Christine Lagarde on her appointment as the new Managing Director of the International Monetary Fund. In a letter to Lagarde, Mr Mukherjee said that it is widely expected that under her leadership IMF will deal effe...
June 29, 2011 1:11 PM
The Indian rupee strengthened by 13 paise to 44 Rupees 90 paise against the US dollar in early trade on Interbank Foreign Exchange on Wednesday. The rupee resumed higher at 44.96 per dollar, as against Tuesday's close of 45 rupees 04 paise per dollar. The domestic currency moved in a range ...
June 29, 2011 1:04 PM
The Indian rupee strengthened by 13 paise to 44 Rupees 90 against the US dollar in early trade on Interbank Foreign Exchange on Wednesday. The rupee resumed higher at 44.96 per dollar, as against Tuesday's close of 45 rupees 04 paise per dollar. The domestic currency moved in a range betwee...
June 29, 2011 12:45 PM
French Finance Minister Christine Lagarde has become the first woman to head the International Monetary Fund after its executive board chose her over Mexican central bank governor Agustin Carstens. Lagarde, who succeeds Dominique Strauss-Kahn, is the first woman named to the top IMF post since the i...
June 29, 2011 12:41 PM
Finance Minister Pranab Mukherjee said the economy will grow by around 8.5 per cent in the current fiscal despite the conscious decision of the Reserve Bank to sacrifice growth to contain inflation. In an interview to PTI Mr Mukherjee said the government and the Reserve Bank, have been trying to str...
June 29, 2011 10:12 AM
The Bombay Stock Exchange benchmark Sensex gained over 120 points in early trade on Wednesday. Extending its gains for the fifth consecutive session, the 30-share BSE barometer rose by 120.04 points, or 0.65 per cent, to 18,612.49 in the first few minutes of trade on Wednesday. Similarly, the broad-...
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