Rupee gains 8 paise against US dollar

The rupee strengthened 8 paise to 44.78 rupees per dollar in opening trade on the Inter-bank Foreign Exchange today. The rupee rose on dollar weakness against the euro and other Asian currencies and a higher opening of the stock market. The rupee had depreciated by 14 paise, to close at a nearly two...

Inflation rises to 9.06 per cent in May

Inflation rose to 9.06 per cent in May from 8.66 per cent of previous month. It was 10.48 percent in the corresponding period last year. Prices of manufactured products have shot up by 7.27 per cent on year to year basis. Inflation in the fuel and power segment, stood at 12.32 percent . Food article...

BSE Sensex trading 27 points in green in afternoon deals

The Sensex at the Bombay Stock Exchange gained 84 points, or 0.5 per cent, to 18,350 in opening trade, today, on the back of fresh buying by investors, amid a firm trend on the other key Asian bourses. Later, the Sensex gained more than 100 points. But it then trimmed its gains, to stand a smaller 2...

BSE Sensex trading 73 points in green in afternoon trade

The BSE benchmark Sensex which recovered by 67 points in early trade today was trading 73 points up at 18,339 points in afternoon trade. Similarly, the NSE 50-share Nifty moved up by 27 points to 5,510.

BSE Sensex trading 73 points in green in afternoon trade

The BSE benchmark Sensex which recovered by 67 points in early trade today was trading 73 points up at 18,339 points in afternoon trade. Similarly, the NSE 50-share Nifty moved up by 27 points to 5,510.

In Nepal, the national anti-graft body has directed the government not to divert the budget unless of national priority. The Commission of Investigation of Abuse of Authority in letters to the office of the Prime Minister, Cabinet Secretariat, National Planning Commission, and six other Ministries s...

Inflation in China hit its highest level in 34 months

Inflation in China hit its highest level in 34 months despite the government efforts to rein in rising prices. According to the National Bureau of Statistics, consumer prices in China rose by 5.5 per cent in May, compared with the same month last year. Food prices continued to be the biggest factor ...

India's economic growth in 2011-12 fiscal is likely to be about 8.5 per cent: Rangarajan

Prime Minister's Economic Advisory Council Chairman C Rangarajan today said India's economic growth in the 2011-12 fiscal is likely to be about 8.5 per cent, lower than the Budget projection. Speaking at an Organisation for Economic Cooperation and Development(OECD) event in New De...

India's economic growth in 2011-12 fiscal is likely to be about 8.5 per cent: Rangarajan

Prime Minister's Economic Advisory Council Chairman C Rangarajan today said India's economic growth in the 2011-12 fiscal is likely to be about 8.5 per cent, lower than the Budget projection. Speaking at an Organisation for Economic Cooperation and Development(OECD) event in New De...

BSE Sensex trading 36 points in green in afternoon trade

The BSE benchmark Sensex which recovered by 67 points in early trade today was trading 36 points in green at 18,302 points in noon trade. The NSE 50-share Nifty also moved up by 16 points to 5,499.