Business

February 10, 2011 8:39 PM

RBI must understand factors responsible for decline in FDI: Subbarao<br/>

The Reserve Bank of India would conduct an internal study on practices responsible for the decline in the direct foreign investment (FDI) flows in the country. Talking to media in Bhopal after the meeting of the central board of Reserve Bank of India, Governor D. Subbarao said that RBI must understa...

February 10, 2011 8:10 PM

Food inflation at 7-week low of 13.07 pc

Food inflation fell to a seven week low 13.07 per cent for the week ended January 29. This follows cheaper pulses, even as vegetables remain costly. Snapping the two week rising trend, food inflation fell nearly 4 percentage points in the week from 17.05 per cent in the week ended January 22.On an a...

February 10, 2011 5:25 PM

Sensex down 130 points in afternoon trade<br/>

Posting its third straight day of losses, the Sensex at the Bombay Stock Exchange fell 130 points, or 0.7 percent, to 17,463, today, as investors continued to fret about interest rates and corporate earnings, amid subdued global markets. The Nifty at the National Stock Exchange shed 28 points, or 0....

February 10, 2011 2:23 PM

Sensex dips 145 points in afternoon trade

Falling for the third straight session, the Sensex at the Bombay Stock Exchange opened 48 points lower, at 17,545, on Thursday morning, on sustained selling by foreign funds and retail investors, on continued concerns over high interest rates, and weak cues from other Asian markets. Later, selling p...

February 10, 2011 2:01 PM

ADAG says it is a victim of 'bear cartel'

Hit by a massive sell-off in stocks of various group companies, Reliance Anil Dhirubhai Ambani Group on Thursday said it is a victim of a bear cartel that has caused a market value loss of over Rs 3 lakh crore across the infrastructure sector in the past two weeks.A day after the group&apos;s st...

February 10, 2011 1:09 PM

Food inflation at 7-week low of 13.07 pc

Food inflation fell to a seven week low 13.07 per cent for the week ended January 29. This follows cheaper pulses, even as vegetables remain costly. Snapping the two week rising trend, food inflation fell nearly 4 percentage points in the week from 17.05 per cent in the week ended January 22.On an a...

February 10, 2011 12:46 PM

Food inflation at 7-week low of 13.07 pc

Food inflation fell to a seven week low 13.07 per cent for the week ended January 29. This follows cheaper pulses turned cheaper, even as vegetables remain costly. Snapping the two week rising trend, food inflation fell nearly 4 percentage points in the week from 17.05 per cent in the week ended Jan...

February 10, 2011 11:28 AM

Rupee down by 7 paise against dollar

The rupee weakened by 7 paise to 45 rupees 55 paise a dollar in early trade at the Interbank Foreign Exchange on Thursday amid mild demand for the American currency and dollar gains overseas. The rupee had depreciated by 18 paise to 45 rupees 48 paise against the US currency in the previous session.

February 10, 2011 10:14 AM

Sensex falls 48 points in opening trade

The Bombay Stock Exchange benchmark Sensex fell by nearly 48 points in opening trade today on continued selling by foreign funds and retail investors amid concerns over high interest rates and weak cues from other Asian markets. The 30-share barometer, which lost over 444 points in the previous two ...

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