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January 12, 2011 12:41 PM
The BSE benchmark Sensex today recovered by over 183 points in the opening trade. However, it lost its initial gains and was trading in red at 19,082, down by over 113 points a short while ago.In the Asian region, the Hong Kong's Hang Seng was up by 0.89 per cent, while Japanese Nikkei gain...
January 12, 2011 12:40 PM
Industrial growth declined to 2.7 per cent in November 2010 due to dismal performance of manufacturing sector, particularly the consumer non-durables. It was 11.3 per cent in the same period a year-ago while in October 2010, the Index of Industrial Production (IIP) had expanded by 11.29 per cent. Ac...
January 12, 2011 12:40 PM
The whole sale Azadpur Mandi this morning went on a strike. They allege that Income Tax raids are being used against them as a tool as a pressure tactics to sell onions below cost prices. This has disrupted supply of onion to retail traders. Onion Merchant Association General Secretary Rajendra Shar...
January 12, 2011 11:43 AM
The Indian rupee strengthened by 11 paise to 45.05 rupees per dollar at the Interbank Foreign Exchange in early trade today. It had closed 45.16 against the greenback in the previous session. Forex dealers said dollar weakness against other Asian currencies overseas, and higher opening in the stock ...
January 12, 2011 11:19 AM
A United States Presidential Commission investigating last year's catastrophic oil spill in the Gulf of Mexico has recommended a series of wide-ranging reforms. In its final report the commission calls for the creation of an independent safety agency, tougher government regulation and more ...
January 12, 2011 11:14 AM
Indian budget airline IndiGo has signed an agreement to buy 180 Airbus A320 aircraft in a record sale worth 16.4 billion dollars. The European plane maker Airbus said in a statement it is the largest single firm order number for large jets in commercial aviation history. The value of the deal was no...
January 12, 2011 10:28 AM
The BSE benchmark Sensex today recovered by over 183 points in the opening trade. It was trading at 19,286, up by over 89 points a short while ago. Analysts said the gain in Sensex is due to selective buying by funds and a firm trend on the other Asian bourses. In the Asian region, the Hong Kong&...
January 12, 2011 9:55 AM
Oil prices were mixed in Asian trade today. New York's light sweet crude rose six cents to 91.17 dollars a barrel while Brent North Sea crude lost seven cents to 97.54 dollars per barrel. Analysts said the closure of Norwegian oil producer Statoil's Snorre and Vigdis fields in the ...
January 12, 2011 9:50 AM
Ahead of his India visit with a high-powered trade mission, US Commerce Secretary Gary Locke met Indian Ambassador to US Meera Shankar during which he advocated for US fighter aircraft manufacturers and increasing American exports to India. The Commerce Department said after the meeting in Washingto...
January 12, 2011 9:25 AM
Ahead of the Budget 2011-12, Finance Minister Pranab Mukherjee said, the government is conscious of concerns regarding infrastructure development and investment in research and development. Addressing India Inc during the pre-Budget deliberation in New Delhi on Tuesday evening, he said, both these i...
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