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January 20, 2011 11:48 AM
The rupee dropped by 20 paise to 45.65 against the US currency in early trade. This follows on good dollar demand from importers amid weak equity markets. Month-end dollar demand from importers, mainly oil refiners, affected the rupee value. At the Interbank Foreign Exchange (Forex) market, the loca...
January 20, 2011 11:09 AM
Oil was lower in Asian trade today as investors awaited the release of a widely watched US government energy inventory report. New York's main contract, light sweet crude for February delivery, dropped 15 cents to 90 dollars and 71 cents a barrel and Brent North Sea crude for March delivery...
January 20, 2011 10:27 AM
The rupee depreciated by 17 paise to 45 rupees 62 paise a dollar in early trade today following weak domestic equity markets. The rupee had ended 3 paise down at 45 rupees 46 paise a dollar in the previous session.
January 20, 2011 10:27 AM
The Bombay Stock Exchange benchmark Sensex fell by 154 points in early trade today. This follows sustained selling by funds and retail investors in tandem with weak Asian markets. The 30-share barometer, which lost 114 points in the previous session, fell further to 18,824 points. The wide-based Nat...
January 19, 2011 9:30 PM
India and the UK have decided to enhance bilateral investments. This is to be achieved by promoting institutional collaborations between industry and universities for enhancement of competencies through capacity building and technology transfer.In Education and Skills Development, both sides agreed ...
January 19, 2011 8:51 PM
Government says the National Broadband Plan (NBP) will be ready by the end of this fiscal. Telecom Minister Kapil Sibal on Wednesday said in New Delhi, his ministry is taking final steps to complete the blueprint to connect 160 million households with high-speed Internet connections by 2014. He was ...
January 19, 2011 7:17 PM
India has launched a joint infrastructure development venture with Britain in New Delhi on Wednesday.Speaking on the occasion Finance Minister Pranab Mukherjee said that half of the targeted one trillion dollar investment in 12th five year plan for infrastructure development is envisaged from the pr...
January 19, 2011 5:27 PM
Oil Minister Murli Deora on Wednesday demanded abolition of customs duty on crude oil and cut in excise duty on diesel to avoid more fuel price hikes that have become necessary because of spiraling global oil rates.Speaking on the side lines of function in New Delhi he told reporters that the minist...
January 19, 2011 5:03 PM
Erasing all its early gains, the Sensex at the Bombay Stock Exchange fell 114 points, or 0.6 percent, to once again close below the key 19,000 level, at 18,978, today. The Nifty at the National Stock Exchange lost 33 points, or 0.6 percent, to 5,691.
January 19, 2011 1:59 PM
The Sensex at the Bombay Stock Exchange, which had added 75 points in opening trade, today, later gave up all its initial gains, to stand 111 points, or 0.6 per cent in the red, and slip below the 19,000 level, at 18,981, in afternoon deals, a short while ago. The Sensex had advanced about 230 point...
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