Business

April 7, 2011 7:29 PM

India, EFTA to conclude ongoing free trade talks by year end <br/>

The Union Minister for Commerce and Industry Mr. Anand Sharma today said that India and four-nation European Free Trade Association (EFTA) has agreed to conclude the ongoing free trade pact negotiations by the end of this year.Speaking at a function in New Delhi, he said that both the sides have com...

April 7, 2011 5:34 PM

Sensex closes with slim loss of 21 points<br/>

Falling for the third straight session, the Sensex at the Bombay Stock Exchange ended with a slim loss of 21 points, or 0.1 percent, at 19,591, today, on continued selling pressure, amid high global crude oil prices. The Nifty at the National Stock Exchange dropped 6 points, or 0.1 percent, to 5,886...

April 7, 2011 2:32 PM

Wheat prices continue to move down

Wheat prices continued to move down and fell by 0.22 per cent to Rs 1,187.60 per quintal at futures trade today as speculators off-loaded positions since the country is estimated to have a record output this crop year. Adequate stocks at the spot markets amid sluggish demand from flour mills also ke...

April 7, 2011 2:29 PM

BSE Sensex recovers in afternoon

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood a modest 10 points in the positive zone, at 19,622, in choppy trade, in afternoon deals, a short while ago. Earlier in the morning, however, the Sensex had opened 69 points, or 0.3 per cent lower, at 19,543, on continued p...

April 7, 2011 1:21 PM

World oil prices fall

World oil prices fell in Asian trade today as investors continued to lock in profits from recent gains and Libyan rebels exported the country&apos;s first crude shipment from a region that they control. New York&apos;s main contract, light sweet crude pulled back 39 cents to 108.44 dollar pe...

April 7, 2011 1:06 PM

Food inflation falls

Food inflation fell to 9.18 per cent for the week ended March 26, the lowest level in almost four months. Food inflation stood at 9.50 per cent in the preceding week. The last time food inflation was lower than this level was during the week ended November 27 last year, when it was registered at 8.6...

April 7, 2011 12:36 PM

Wheat prices continu to move down

Wheat prices continued to move down and fell by 0.22 per cent to Rs 1,187.60 per quintal at futures trade today as speculators off-loaded positions since the country is estimated to have a record output this crop year. Adequate stocks at the spot markets amid sluggish demand from flour mills also ke...

April 7, 2011 12:17 PM

Country's economy under strong downward pressure: Bank of Japan<br/>

The Bank of Japan says that the country&apos;s economy is under strong downward pressure due to the devastation caused by the earthquake and tsunami. The bank said that the downward pressure largely stems from lost production and disrupted supply chains. The central bank kept its monetary policy...

April 7, 2011 10:10 AM

BSE Sensex declines by 69 points in opening trade

The Bombay Stock Exchange benchmark Sensex declined by 69 points in opening trade today on continued profit-booking by speculators and other participants. The 30-share barometer, which has lost over 89 points in the previous two sessions, declined further by 69.21 points, or 0.33 per cent, to 19,542...

April 6, 2011 9:06 PM

Govt needs to give serious thought to foodgrains export: Pawar

Agriculture Minister Sharad Pawar today said the government needs to give serious thought on storage, allocation of foodgrains to states and exports, as the country is estimated to have harvested record production this crop year. He told reporters that this year&apos;s production is highest ever...

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