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February 2, 2011 6:12 PM
The head of the International Monetary Fund (IMF) says the global lending agency has learned from mistakes it made handling the Asian financial crisis in 1997 and 1998. IMF Managing Director Dominique Strauss-Kahn made the admission during an Asian tour that brought him on Wednesday to Indonesia for...
February 2, 2011 5:43 PM
Snapping a 5-session losing streak, the Sensex at the Bombay Stock Exchange ended with a modest gain of 68 points, or 0.4 percent, at 18,091, on value-buying in fundamentally strong stocks, amid firm Asian markets, today. The Sensex had lost over 1,100 points in the previous five trading sessions. T...
February 2, 2011 2:34 PM
Oil rose in Asian trade today, with Brent crude within a whisker of breaching 102 dollars a barrel again. The unrest in Egypt continued to weigh down investor mood. New York's main contract, light sweet crude for March delivery gained two cents to 90 dollars 79 cents and Brent North Sea cru...
February 2, 2011 2:28 PM
Snapping a five day fall, the Sensex at the Bombay Stock Exchange gained 219 points, or 1.2 per cent, to 18,241 in opening trade, this morning, amid a firm trend overseas. After paring some of its gains, the Sensex still stood a good 179 points or 1 percent in the positive zone, at 18,201, in aftern...
February 2, 2011 10:01 AM
The Indian rupee gained 19 paise to 45 rupees 56 paise against the US dollar in early trade. The rupee supported by a higher opening in the stock market and weakness of the American currency against the euro.The rupee had appreciated by 15 paise to close at 45.75 yesterday on the back of fresh dolla...
February 2, 2011 10:00 AM
Oil rose in Asian trade today, with Brent crude within a whisker of breaching 102 dollars a barrel again. The unrest in Egypt continued to weigh down investor mood. New York's main contract, light sweet crude for March delivery gained two cents to 90 dollars 79 cents and Brent North Sea cru...
February 2, 2011 10:00 AM
The Sensex gained nearly 220 points in opening trade on the Bombay Stock Exchange today amid a firming trend overseas. The 30-share index of the Bombay Stock Exchange surged by 1.21 per cent, to 18,241.40 within the first few minutes of trade, with oil and gas, realty and banking stocks leading the ...
February 1, 2011 5:46 PM
Continuing its relentless slide for the fifth straight session, the Sensex at the Bombay Stock Exchange plunged 306 points, or 1.7 percent, to a 5-month low of 18,022, on Tuesday. During the session, the Sensex had slipped below the psychological 18,000 mark. The market fell on fears of inflation, a...
February 1, 2011 3:24 PM
The government has approved an additional subsidy of eight thousand crore rupees today to make up for the losses suffered by state-run fuel retailers on the sale of diesel, LPG and kerosene below cost in the third quarter.The official sources said that the Finance Ministry has issued a letter approv...
February 1, 2011 3:23 PM
The government has approved an additional subsidy of eight thousand crore rupees today to make up for the losses suffered by state-run fuel retailers on the sale of diesel, LPG and kerosene below cost in the third quarter.The official sources said that the Finance Ministry has issued a letter approv...
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