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February 23, 2011 5:40 PM
The Government has come out with a strategy plan to double India's exports of goods and services by 2014. Releasing a strategy document in New Delhi on Wednesday Minister for Commerce Anand Sharma said, the long term objective is to double country's share in global trade by the end...
February 23, 2011 2:12 PM
U.S. crude oil futures climbed to 2-1/2-year highs, today, on fears that output disruptions in Libya may spread to other West Asian oil producers and hurt global economic growth. At last three oil companies have halted output in Libya, which pumps 1.6 million barrels per day, or nearly 2 percent of ...
February 23, 2011 2:12 PM
The Sensex at the Bombay Stock Exchange opened 45 points lower, at 18,251, this morning, on continued selling by foreign funds, amid weak Asian bourses and political unrest in West Asia. Later, after oscillating between positive and negative territory, in volatile trade, the Sensex stood 22 points, ...
February 23, 2011 1:51 PM
The Indian rupee depreciated by 8 paise to 45.34 rupees per dollar in early trade today. It had closed at 45.26 rupees against the greenback in the previous session. Forex dealers said a weak opening in the stock market due to foreign fund outflows put pressure on the Indian rupee.
February 23, 2011 1:51 PM
Oil prices were higher in Asian trade today as the turmoil unfolding in the Arab world continued to rock Libya. New York's light sweet crude gained four cents to 95.46 dollors per barrel. Brent North Sea crude went up 22 cents to 106 dollors a barrel.
February 23, 2011 1:49 PM
The Bombay Stock Exchange benchmark Sensex opened 45 points lower today. The Sensex later recovered and was trading at 18316, up by over 20 points a short while ago. Meanwhile, Hong Kong's Hang Seng index fell by 0.11 per cent and Japan's Nikkei shed 0.71 per cent in early trade to...
February 22, 2011 5:41 PM
Railway Ministry has announced a new policy to speed up the process of connecting coal and iron ore mining belts by the rail network. According to an official release under the Railway's Policy for Connectivity to Coal and Iron Ore Mines, the surcharge on the freight carried on these lines ...
February 22, 2011 5:34 PM
Gold gained 90 rupees, to 20,960 rupees per ten grams at Delhi's bullion market, today, on sustained buying by stockists, amid a firm global trend. Silver climbed 200 rupees, to yet another all-time peak of 49,700 rupees per kilo. Silver has now gained 3,000 rupees in the last three trading...
February 22, 2011 5:33 PM
The Sensex at the Bombay Stock Exchange declined 142 points, or 0.8 percent, to close at 18,296, on Tuesday, as concerns about rising oil prices, amid the unrest in West Asia dragged down stock markets across Asia and Europe. The Nifty at the National Stock Exchange fell 49 points, or 0.9 percent, t...
February 22, 2011 5:31 PM
The trade between India and ASEAN countries will cross 70 billion dollars in the next three years. This was revealed by Joint Secretary in Ministry of Commerce and Industry Sumanta Choudhuri while briefing reporters on the forthcoming India-ASEAN Business Fair to be held in New Delhi. Mr Choudhuri s...
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