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May 5, 2011 2:11 PM
After opening 51 points higher, at 18,520, this morning, on bargain-hunting by investors, the Sensex at the Bombay Stock Exchange climbed further and at one stage had gained almost 100 points. But the market later gave up all its initial gains, and the Sensex had slipped as much as 229 points or 1.2...
May 5, 2011 2:03 PM
India today called for a coordinated effort at the global level to control inflation. Finance Minister Pranab Mukherjee also warned that volatility in international food and fuel prices may be on the way to becoming a long term and global phenomenon. Speaking at the Asian Development Bank annual mee...
May 5, 2011 1:47 PM
India will achieve 8.7 percent growth rate in 2011-12 says a UN report. The report prepared by Economic and Social Commission for Asia and Pacific has said that this growth is achievable after denting the inflation. Lauding the steps taken by Reserve Bank of India to curb inflation, the report descr...
May 5, 2011 1:46 PM
Food inflation fell to 8.53 percent for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76 percent. The latest numbers come as a relief to the government and the RBI, especially at a...
May 5, 2011 1:04 PM
The BSE benchmark Sensex which has lost 1,133 points in the previous eight straight sessions, was trading 15 points up at 18,484 in afternoon trade. The wide-based National Stock Exchange Nifty index was however trading down by 4 points, at 5,533 points.
May 5, 2011 12:44 PM
Food inflation fell to 8.53 percent for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76 percent. The latest numbers come as a relief to the government and the RBI, especially at a...
May 5, 2011 12:26 PM
The head of the Asian Development Bank, ADB, Haruhiko Kuroda has said that strong leadership and a commitment to good governance are essential if Asia is to lead the world to more balanced and equitable economic growth. Haruhiko Kuroda made these remarks today at the opening session of the bank&...
May 5, 2011 10:09 AM
The Indian rupee weakened by 8 paise to Rs 44.56 against the US dollar in early trade today. The rupee had closed 4 paise higher in the previous session at Rs 44.48.
May 5, 2011 10:09 AM
The BSE benchmark Sensex which has lost 1,133 points in the previous eight straight sessions, rebounded by 51 points, to 18,520 in opening trade.Similarly, the wide-based National Stock Exchange Nifty index also moved up by 12 points, to 5,549 points.Meanwhile, Hong Kong's Hang Seng Index s...
May 5, 2011 9:14 AM
A Finance Ministry panel has approved seven projects, including widening of roads in five states at an estimated cost of about 7,553 crore rupees under Public-Private-Partnership mode. According to a press release issued by Ministry of Finance in New Delhi, the Public-Private-Partnership Appraisal C...
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