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January 13, 2011 6:33 PM
The government has approved 19 foreign direct investment projects worth of 4,340 crore rupees, including that of Tata Steel and Future Ventures. The Foreign Investment Promotion Board (FIPB) which met last month, however deferred decision on 16 FDI proposals, including Reliance Broadcast Network and...
January 13, 2011 6:09 PM
Stock markets fell sharply on Thursday, with the BSE benchmark Sensex plunging 351 points to 19,183. Markets fell onbelow-expectation quarterly results posted by software major Infosys and heavy selling in banking scrips on fears of interest rate hike. Erasing Wednesday's gain of 338 points...
January 13, 2011 5:35 PM
The World Bank has predicted that global economy will slow this year, with developing countries such as India and China providing a greater share of growth. The bank estimates that global GDP growth will be 3.3 per cent this year against 3.9 per cent in 2010, with emerging markets growing by 6 per c...
January 13, 2011 5:35 PM
The shipping ministry is preparing a new consolidated legislation to replace the Indian Ports Act. Revealing this Shipping Minister G K Vasan on Thursday said his ministry is also taking a series of initiatives to increase the operational proficiency of ports in the country. Outlining policy measure...
January 13, 2011 2:26 PM
Continuing in red, the Bombay Stock Exchange benchmark Sensex was trading at 19,501 points, down by 33 points a short while ago. Earlier, the stock markets slipped by nearly 117 points in the opening trade today. IT stocks suffered setback after the industry bellwether Infosys Technologies posted th...
January 13, 2011 1:30 PM
The Minister of Commerce and Industry Anand Sharma will be leading a high level delegation to Singapore to inaugurate tomorrow India show which will showcase innovation and expertise of Indian industry and several sectors. Apart from exhibitions in this connection, one-to-one business meetings, symp...
January 13, 2011 1:17 PM
Oil prices rose for a fourth consecutive day in Asian trade today on a sharp slump in crude stockpiles, indicating strong demand in the world's biggest economy. New York's main contract, light sweet crude gained 22 cents to reach 92.08 dollar a barrel. Brent North Sea crude was up ...
January 13, 2011 12:28 PM
Food inflation snapped the five week rising trend and softened to 16.91 per cent for the week ended January 1, 2011.Food inflation fell by 1.41 percentage points from 18.32 per cent recorded in the previous reporting week. Prices of pulses declined by 14.84 per cent, wheat by 4.87 per cent, potatoes...
January 13, 2011 12:14 PM
Continuing in red, the Bombay Stock Exchange benchmark Sensex was trading at 19,501 points, down by 33 points a short while ago. Earlier, the stock markets slipped by nearly 117 points in the opening trade today. IT stocks suffered setback after the industry bellwether Infosys Technologies posted th...
January 13, 2011 12:03 PM
Food inflation has dropped to 16.91 per cent for the week ended January 1, 2011. The previous week figure was 18.32 per cent.
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