Food inflation in double digits at 10.05 pc

Food inflation crept back into double digits at 10.05 per cent for the week ended March 12, breaking a three-week long downward spiral. Food inflation had stood at 9.42 per cent in the previous week. During the week under review, prices of vegetables went up by 11.20 per cent year-on-year. While pot...

Rupee firms up by 15 paise against dollar

The Indian rupee firmed up by another fifteen paise to 44.70 against the US dollar in early trade today on sustained selling of dollars by banks and exporters despite strengthening of the American currency in overseas markets. The local currency resumed steady at 44.85 and hovered in a range between...

Sensex opens over 119 points higher

The Sensex opened over 119 points higher today. The 30-share barometer, which has gained over 367 points in the past two sessions, added 119 points, or 0.65 per cent, to 18,325 in the first few minutes of trade. In a similar fashion, the wide-based National Stock Exchange Nifty index moved up by 38....

Sensex closes with a gain of over 217 points

Centre approves 14 FDI proposals

The Government on Wednesday approved 14 proposals of foreign direct investment, FDI, worth over 1,289 crore rupees. According to an official release, the Foreign Investment Promotion Board gave its nod to Kolkata based Dhunseri Investments FDI proposals worth 715 crore rupees followed by the Mauriti...

Sensex closes with a modest loss of 40 points

The Sensex at the Bombay Stock Exchange ended with a modest loss of 40 points, or 0.2 percent, at 17,839, after volatile trade, amid rising crude oil prices on Wednesday. The Nifty at the National Stock Exchange slipped 9 points, or 0.2 percent, to 5,365. In Asia, stock markets in Hong Kong, Singapo...

Sensex closes with a modest loss of 40 points

The Sensex at the Bombay Stock Exchange ended with a modest loss of 40 points, or 0.2 percent, at 17,839, after volatile trade, amid rising crude oil prices on Wednesday. The Nifty at the National Stock Exchange slipped 9 points, or 0.2 percent, to 5,365. In Asia, stock markets in Hong Kong, Singapo...

Sensex gains over 170 points in afternoon trade

The Bombay Stock Exchange benchmark Sensex gained over 170 points in afternoon trade today and stood at 18,158 a short while ago. Analysts said the rise in Sensex is on the back of renewed buying in banking, FMCG, healthcare and metal stocks.Meanwhile, Japanese shares dropped in early trade today. T...

EGoM nod for sugars exports of up to 5 lakh tonnes

An empowered group of ministers (EGoM) on food on Tuesday decided to allow sugar exports of up to five lakh tonnes as production this year is set to exceed the domestic demand, official sources said.Earlier, the food ministry had allowed and notified five lakh tonnes of export under Open General Lic...

Sensex up by 170 points in early trade

The Bombay Stocks exchange benchmark Sensex erased its initial losses and was up by 165 points in early trade today. It was trading at 18,159, up by170 points a short while ago. Analysts said the rise in Sensex is on the back of renewed buying in banking, FMCG, healthcare and metal stocks.Meanwhile,...