Business

February 3, 2011 2:24 PM

LIC cross <img src="rs.png" border="0" height="11"/> 350 cr business in J&K

Life Insurance Corporation (LIC) of India is all set to cross 350 crore rupees business mark in J&amp;K (Srinagar Division) this year compared to 250 crore rupees business recorded last year. This was stated by Senior Divisional Manager of the LIC for Srinagar Division, Balwant Singh, while addr...

February 3, 2011 2:08 PM

Food inflation soars 17.05 pc for week ended January 22

Food inflation soared to 17.05 per cent for the week ended January 22, rising for the second straight week. This follows costlier vegetables, fruits and milk.Food inflation rose by 1.48 percentage points from 15.57 per cent in the previous week. The food inflation last year had stood at 20.56 per ce...

February 3, 2011 2:04 PM

Sensex gains over 280 points in afternoon trade

The Sensex at the Bombay Stock Exchange, which had opened 57 points higher, this morning, later gathered further steam, to gain more than 300 points at one stage, and then stand a good 283 points, or 1.6 percent in the positive zone, at 18,374, in afternoon deals, a short while ago. The domestic mar...

February 3, 2011 12:59 PM

Food inflation jumps to 17.05 pc

Food inflation soared to 17.05 per cent for the week ended January 22, rising for the second straight week. This follows costlier vegetables, fruits and milk.Food inflation rose by 1.48 percentage points from 15.57 per cent in the previous week. The food inflation last year had stood at 20.56 per ce...

February 3, 2011 12:38 PM

World oil prices extend gains in Asian trade

World oil prices extended gains in Asian trade today, with the unfolding political crisis in Egypt keeping the market jittery over fears about wider fallout in West Asia. New York&apos;s main futures contract, light sweet crude climbed 47 cents to 91.24 dollar in Asian morning trade. Brent North...

February 3, 2011 12:07 PM

Sensex gains 235 points in noon trade

The Sensex has gained 235 points in the noon trade. The index opened 57 points up. This follows selective buying by cautious investors in the absence of any cues from other Asian markets.In a similar fashion, the broad-based National Stock Exchange Nifty index gained 67 points, to 5,450 points.Asian...

February 3, 2011 12:04 PM

LIC cross Rs 350 cr business in J&K

Life Insurance Corporation (LIC) of India is all set to cross 350 crore rupees business mark in J&amp;K (Srinagar Division) this year compared to 250 crore rupees business recorded last year. This was stated by Senior Divisional Manager of the LIC for Srinagar Division, Balwant Singh, while addr...

February 3, 2011 10:40 AM

Rupee opens 2 paise lower against dollar

The Indian rupee opened 2 paise lower at 45 rupees 64 paise per US dollar in early trade on the Interbank Foreign Exchange today. This followed demand for the American currency from importers and appreciation of the greenback against other currency rivals overseas.The rupee had strengthened by 13 pa...

February 2, 2011 9:01 PM

Dominican Republic seeks enhanced Indian investment

President of the Dominican Republic Dr Leonel Fernandez on Wednesday sought enhanced Indian investment in his country to take the bilateral trade forward from 100 million dollar at present. Addressing industry leaders in New Delhi, he said Indian companies can look at the Dominican Republic as a bri...

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