Gold prices rises by <img src="rs.png" border="0" height="11"/> 45 to 20,580 rupees per ten grams in national capital

Gold prices rose 45 rupees, to 20,580 rupees per ten grams at Delhi&apos;s bullion market, today, on emergence of buying for the ongoing marriage season, amidfirm global cues. But silver held steady at 44,000 rupees per kilo, in restricted buying activity.In the global markets, gold gained 0.3 p...

In wake of inflation monetary policy needs to be calibrated says RBI Governor

RBI Governor D Subbarao today said the country was facing surging inflation and that monetary policy needed to be calibrated to manage it as well as support growth. He said, a lot of other countries are still flirting with deflation and on the other hand, we are having a surging inflation. The RBI G...

Trade ministers from WTO members to meet at Davos this month

Trade ministers from key WTO members, including India, will be meeting at Davos inSwitzerland on the 29th of this month. Doha negotiations have been going on for the last 10 years for a global trade deal.The informal meeting to be hosted by Switzerland on the sidelines of the annual World Economic F...

Sensex closes with a slim gain of 22 pts

Snapping two days of losses, the Sensex at the Bombay Stock Exchange ended with a slim gain of 22 points, or 0.1 percent, at 18,882, today. The Nifty at the National Stock Exchange closed flat, at 5,655.In the key regional bourses, the Chinese market led the fall, losing 3 percent, while the markets...

India and Peru today discussed ways to enhance economic cooperation and tap areas like minerals, hydrocarbons, engineering and IT. In a meeting New Delhi, Minister of Commerce and Industry Anand Sharma and Peru&apos;s Minister of Trade and tourism Eduardo Ferreyros said that both the countries s...

Gold prices rises by <img src="rs.png" border="0" height="11"/> 45 in national capital

Gold prices rose 45 rupees, to 20,580 rupees per ten grams at Delhi&apos;s bullion market, today, on emergence of buying for the ongoing marriage season, amidfirm global cues. But silver held steady at 44,000 rupees per kilo, in restricted buying activity.In the global markets, gold gained 0.3 p...

Inflation to fall around 6.5 % by March-end says Finance Secy

Finance Secretary Ashok Chawla today said that inflation will fall to around 6.5 per cent by March-end. He observed that six months ago it may have been said that inflation will drop to 5.5 or 6 per cent by March end, but inflation is always a dynamic process. The Finance Secretary&apos;s remark...

Sensex gains 103 points in afternoon trade

Recovering from early weakness, the Sensex at the Bombay Stock Exchange stood 103 points, or 0.6 percent in the green, at 18,964, in afternoon trade, today, as investors bought beaten down stocks. Earlier, in the morning, the Sensex had opened 81 points lower, at 18,779, on continued selling by fund...

Rupee falls by 18 paise against dollar

The rupee today fell by 18 paise to trade at a four-week low of 45.54 against the US currency in early trade. Dealers said, rupee weakened due to dollar&apos;s gains against other Asian currencies overseas and weak opening on the domestic stock markets. The rupee had depreciated by 12 paise agai...

Sensex falls by 81 points in opening trade

The Bombay Stock Exchange benchmark Sensex today opened lower by 81 points at 18,779 due to selling by funds. The 30-share index had lost 322 points in the previous session. Similarly, the wide-based National Stock Exchange Nifty index also moved down by 30 points to 5,624 points.