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February 4, 2011 6:39 PM
The Sensex at the Bombay Stock Exchange closed with a big loss of 441 points, or 2.4 percent, at 18,008, today. The Nifty at the National Stock Exchange slumped 131 points, or 2.4 percent, to 5,396.The bourses in China, Hong Kong, South Korea and Singapore were closed for a holiday. But the Japanese...
February 4, 2011 6:38 PM
Heavy Industries Minister Praful Patel today said BHEL is likely the next PSU to get the coveted Maharatna tag, a move that will provide more financial flexibility to the state-run power equipment manufacturer. Speaking to reporters on the sidelines of a function in New Delhi, Mr Patel said one of t...
February 4, 2011 6:33 PM
Finance Minister Pranab Mukherjee today said steps have been taken to tame inflation but the government has no magic lamp to bring it down immediately.Talking to reporters in new Delhi,Mr Mukherjee said, the Reserve Bank has taken steps, including tightening of the monetary policy, to control inflat...
February 4, 2011 1:42 PM
Food inflation is expected to come down in coming weeks. This was stated by the Minister of state for Agriculture Arun Yadav in New Delhi on Friday. Mr Yadav said that the high yield of pulses and proposed price index will curb the rising food prices. Adding, the new price index is being discussed i...
February 4, 2011 1:42 PM
Snapping two-days of gains, the Sensex at the Bombay Stock Exchange opened 58 points lower, at 18,391 on Friday morning, on profit-booking by investors. Later, selling pressure intensified, and the Sensex had lost as much as 284 points, or 1.5 percent, to 18,166, in afternoon trade, a short while ag...
February 4, 2011 1:08 PM
The Bombay Stock Exchange benchmark Sensex lost over 252 points in the afternoon trade and was trading at 18,197 a short while ago. The wide based National Stock Exchange NIFTY is also trading in red at 5451, down by 82 points.
February 4, 2011 12:53 PM
The Food and Agriculture Organisation (FAO) says the global food prices reached a new record peak in January. In an update of its Food Price Index, the FAO warned that food prices have been steadily rising since the last seven months. The food price index averaged 231 points in January, up 3.4 per c...
February 4, 2011 12:08 PM
The Bombay Stock Exchange benchmark Sensex lost over 192 points in noon trade and was trading 18,256 points a short while ago.
February 4, 2011 11:50 AM
The Bombay Stock Exchange benchmark Sensex lost over 58 points in early trade today on profit booking. Later it recovered its initial losses and was trading at 18,488 up by 38 points a short while ago.
February 4, 2011 10:32 AM
The Indian rupee depreciated by 4 paise to 45.65 rupees against the US dollar in early trade at the Interbank Foreign Exchange on Friday.It had closed at 45.61 against the US currency on Thursday.Forex dealers said besides dollar gains against other Asian currencies, a weak opening in the stock mark...
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