Business

January 31, 2011 2:01 PM

Sensex trades 128 points down in afternoon session

Bombay Stock Exchange benchmark Sensex was trading 128 points down at 18,268 a short while ago. Earlier it plummeted by over 300 points in opening trade on Monday. This follows panicky fund managers and retail investors giving into selling pressure for the fourth consecutive session, prompted by wea...

January 31, 2011 1:14 PM

Core infrastructure industries output grows up 6.6%

Output of the six core infrastructure industries grew by a healthy 6.6 per cent in December, 2010, an indicator that the Indian economy is on a firm wicket. The data released by the Industry Ministry on Monday revealed that the six core sectors -- crude oil, petroleum refinery products, coal, electr...

January 31, 2011 1:13 PM

Sensex recovers; up by 180 pts

Sensex was trading 180 points down at 18,217 a short while ago. Earlier it plummeted by over 300 points in opening trade on Monday. This follows panicky fund managers and retail investors giving into selling pressure for the fourth consecutive session, prompted by weak global cues amid concerns over...

January 31, 2011 1:06 PM

GDP growth rate touches 8 per cent for FY'10

The country registered a growth rate of 8 percent in 2009-10 compared to 6.8 percent last year. According to the latest Government estimates the high GDP rate is attributed to growth in transport, storage and communication along with financing, insurance and personal services. The Per Capita Income ...

January 31, 2011 1:00 PM

GDP growth rate touches 8 per cent for FY'10

The country registered a growth rate of 8 percent in 2009-10 compared to 6.8 percent last year. According to the latest Government estimates the high GDP rate is attributed to growth in transport, storage and communication along with financing, insurance and personal services. The Per Capita Income ...

January 31, 2011 12:04 PM

Sensex down by 272 points in midsession

Sensex was trading 272 points down at 18,124 a short while ago. Earlier it plummeted by over 300 points in opening trade on Monday.This follows panicky fund managers and retail investors giving into selling pressure for the fourth consecutive session, prompted by weak global cues amid concerns over ...

January 31, 2011 11:08 AM

Oil prices rises in Asian trade

World oil prices rose in Asian trade on Monday on fears that mounting political tensions in Egypt would disrupt supplies flowing through the Suez Canal. New York's main contract, light sweet crude for March delivery, was up 37 cents to 89 dollars and 71 cents per barrel in morning trade. Br...

January 31, 2011 9:59 AM

Rupee falls by 21 paisa against US dollar

The Indian rupee fell by 21 paise to a two-month low of 45 rupees 97 paise per US dollar in early trade on Monday. The rupee was weighed down by the gains registered by the greenback against other major currencies. Dealers said the rupee weakness was due to the dollar gains against other Asian curre...

January 31, 2011 9:59 AM

Sensex down by over 300 points in opening trade

The Bombay Stock Exchange benchmark Sensex plummeted by over 300 points in opening trade on Monday. This follows panicky fund managers and retail investors giving into selling pressure for the fourth consecutive session, prompted by weak global cues amid concerns over the unrest in Egypt. The 30-sha...

January 30, 2011 8:34 PM

India's engineering exports grow by 50 per cent

India's engineering exports grew by about 50 per cent year-on-year to 5.5 billion dollars in December last year. The gain is attributed to increased demand from US and Middle East markets. Engineering Export Promotion Council, EPCH said, there are good number of orders from the US and Middl...

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