Oil prices remain high in Asian trade

World oil prices remained high in Asian trade on Friday. New York's light sweet crude was up five cents to 90.91 US Dollars per barrel. Brent North Sea crude gained 25 cents to 102.01 dollars per barrel.Analysts said the market is under pressure from the ongoing political crisis in Egypt wh...

Sensex falls over 58 points in early trade

The Bombay Stock Exchange benchmark Sensex lost over 58 points in early trade on Friday on profit booking. It was trading at 18,439 down by nearly 10 points a short while ago. Dealers said the fall in sensex is due to selling of stocks in realty and auto sectors mainly.

Centre reviews price rise situation

The government on Thursday reviewed the price rise situation in the country. It considered various options to contain rising prices of essential items.The Cabinet Committee on Prices (CCP), presided by the Prime Minister Dr. Manmohan Singh, met in New Delhi to take stock of the food inflation. While...

Centre reviews price rise situation

The government on Thursday reviewed the price rise situation in the country. It considered various options to contain rising prices of essential items.The Cabinet Committee on Prices (CCP), presided by the Prime Minister Dr. Manmohan Singh, met in New Delhi to take stock of the food inflation. While...

Agrarian sector records 4.56 per cent growth

Food, public distribution and consumer affairs minister Prof K V Thomas has said that the agrarian sector has recorded 4.56 per cent growth during this financial year. Addressing a press conference after the regional conference of food ministers from South India at Thiruvananthapuram on Thursday, he...

World food prices at record high in January

According to UN's Food and Agricultural Organization (FAO), world food prices rose to a record high in January. The FAO Food Price Index, which measures the wholesale price of basic foods within a basket, averaged 231 points last month, up by 3.4 per cent from December. It is the seventh mo...

CCI approves setting up of North East Region Rail Development Fund

The Cabinet Committee on Infrastructure on Thursday approved setting up of a non-lapsable fund called North East Region Rail Development Fund (NERRDF) for National Projects in the region. The 25% of the fund will come through Railway Gross Budgetary Support and 75% by Ministry of Finance. The funds ...

Food price rise a matter of grave concern: Pranab

Commenting on rising inflation, Finance Minister Pranab Mukherjee on Thursday said that price rise, particularly of commodities and food items, is always a matter of grave concern. Talking to reporters in New Delhi, Mr. Mukherjee assured that efforts are being made, both from the demand and the supp...

Sensex ends with a gain of 359 points<br/>

Rising for the second straight session, the Sensex at the Bombay Stock Exchange ended with a solid gain of 359 points, or 2 percent, at 18,449, on Thursday, on aggressive value-buying in recently beaten down stocks.The Nifty at the National Stock Exchange spurted 95 points, or 1.7 percent, to 5,527....

India to pay for Iranian crude oil in Euro