Rupee appreciates by 21 paise

The Indian rupee gained by 21 paise to 45 rupees 50 paise against the American currency in the morning trade.This follows fresh selling of dollars by banks and corporates in view of weakness of dollar in overseas markets.In active trade at the Interbank Foreign Exchange or Forex market, the domestic...

Food inflation rises marginally

Snapping the downward trend of two consecutive weeks, food inflation inched up marginally to 15.57 per cent for the period ended January 15. This follows escalating vegetable prices, particularly, onions.Food inflation for the week ended January 8, was recorded at 15.52 per cent.The government has a...

Food inflation rises marginally

Food inflation has gone up marginally to 15.57 per cent for the week ended January 15. The figure was 15.52 per cent in the previous week.

Oil prices rise in Asian trade

Crude prices rose in Asian trade today as the Federal Reserve reaffirmed its commitment to stimulate the US economy through quantitative easing measures and home sales soared. New York's main contract, light sweet crude was up 27 cents at 87.60 dollars per barrel. Brent North Sea crude rose...

Sensex trading below 19K

The Sensex, which had lost 182 points in the previous session on Tuesday, is now trading at 18, 934 points down by 35 points short while ago. Similarly, the broad-based National Stock Exchange index Nifty, is also down by 14 points to 5,672.

Rupee appreciates by 9 paise

The Indian Rupee appreciated by 9 paise to 45 rupees 62 paise a dollar, snapping its five-session losing streak today. The gain was supported by the greenback's weakness against euro and higher opening on the stock market.The rupee had lost 3 paise to close at three-week low of 45 rupees 71...

Sensex recovers over 117 points in opening trade

Sensex today recovered by over 117 points in the opening trade. This follows emergence of buying by funds and retail investors at prevailing levels, amid better-than-estimated third quarter earnings by some corporates.The Sensex, which had lost 182 points in the previous session on Tuesday, rose to ...

Sensex recovers over 117 points in opening trade

The BSE benchmark Sensex today recovered by over 117 points in the opening trade on emergence of buying by funds and retail investors at prevailing levels, amid better-than-estimated third quarter earnings by some corporates.The Sensex, which had lost 181.83 points in the previous session on Tuesday...

RBI raises repo rate & reverse repo rate by 0.25 pc

RBI's rate hike will help contain inflation: Pranab

Finance Minister Pranab Mukherjee on Tuesday said the Reserve Bank's decision to hike short-term borrowing and lending rates will help contain inflation and was in line with the government's policy. Welcoming the RBI decision to increase short-term borrowing and lending rates by 25...