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June 9, 2011 9:55 AM
Oil rose in Asian trade today after OPEC failed to agree to raise output to aid a faltering global economy. New York's main contract, light sweet crude for July delivery, gained 49 cents to 01.23 US dollar a barrel and Brent North Sea crude for July delivery rose 27 cents to 118.12 dollar.
June 9, 2011 9:42 AM
The Bombay Stock Exchange benchmark Sensex rose by almost 33 points in opening trade today on fresh buying by funds and retail investors in oil and gas and realty sector stocks. However, a weakening trend on other Asian Bourses restricted the gains. The 30-share barometer, which lost over 101 points...
June 8, 2011 9:10 PM
The government on Wednesday decided to allow exports of an additional 10 lakh bales of cotton during the current season ending September. The decision to allow exports of additional bales was taken by an informal group of ministers which met in New Delhi under the chairmanship of Finance Minister Pr...
June 8, 2011 8:39 PM
The International Monetary Fund (IMF) has urged Japan to adopt more aggressive measures to rein in the country's massive public debt. The IMF issued a revised economic forecast for Japan on Wednesday saying its economy will shrink below one percent this year due to March 11 earthquake and t...
June 8, 2011 6:16 PM
Snapping two days of gains, the Sensex at the Bombay Stock Exchange fell 101 points, or 0.6 percent, to 18,394 on Wednesday on profit-booking by investors, and in tandem with weak global markets. The Nifty at the National Stock Exchange dropped 29 points, 0.5 percent, to 5,527.Stock markets in Japan...
June 8, 2011 5:31 PM
The government is confident of achieving economic growth rate of 8.75 per cent in the current financial year. Addressing the Chief Commissioners and Director Generals of Excise and Customs in New Delhi on Wednesday, the Finance Minister Mr. Pranab Mukherjee said, despite registering a growth rate of...
June 8, 2011 5:20 PM
Gold declined 130 rupees, to 22,680 rupees per ten grams at Delhi's bullion market on Wednesday amid a weak global trend. Silver fell 500 rupees to 54,700 rupees per kilo. Overseas, gold shed 0.4 per cent, to 1,539 dollars an ounce, as European debt concerns eased, eroding the appeal of the...
June 8, 2011 1:47 PM
The Sensex at the Bombay Stock Exchange opened 95 points, or 0.5 per cent lower, at 18,400, this morning, on profit-booking after two days of gains, amid weak regional bourses. Later the Sensex remained largely subdued, and stood 85 points, or 0.4 percent in the negative zone, at 18,410, in afternoo...
June 8, 2011 1:40 PM
The government is confident of economic growth rate of 8.75 per cent in the current financial year of 2011-12. After inaugurating an annual conference organised by Central Board of Excise and Customs, CBEC, in New Delhi today, the Union Finance Minister Pranab Mukherjee said despite registering a gr...
June 8, 2011 1:29 PM
The government is confident of economic growth rate of 8.75 per cent in the current financial year of 2011-12. After inaugurating an annual conference organised by Central Board of Excise and Customs, CBEC, in New Delhi today, the Union Finance Minister Pranab Mukherjee said despite registering a gr...
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