Business

January 4, 2011 12:19 PM

ONGC signs cooperation agreement with GAIL

State-owned Oil and Natural Gas Corp (ONGC) has signed a cooperation agreement with GAIL India Ltd for getting better market price. The agreement statements say, GAIL will get the first right on all gas that ONGC will produce from any of its fields in future. But in case GAIL is unable to get a &amp...

January 4, 2011 11:59 AM

State-run trading firm invites bids for import of 9,000 tonnes of pulses

State-run trading firm PEC has invited bids for import of 9,000 tonnes of pulses to be delivered by March. The company said on its website, bidders should source 4,000 tonnes of black mapte (urad), 3,000 tonnes of desi chick peas (chana) and 2,000 tonnes of lemon tur from Myanmar, Australia and Tanz...

January 4, 2011 11:07 AM

Rupee gains 3 paise against US dollar

The Indian rupee rose marginally by 3 paise to 44.67 rupees a dollar in early trade at the Interbank Foreign Exchange today. Forex dealers said, increased dollar inflows and higheropening at the bourses helped strengthen rupee, but dollar's firmness against other major currencies restricted...

January 4, 2011 11:06 AM

BSE Sensex gains 90 points in opening trade<br/>

The Sensex in the Bombay Stock Exchange rose by nearly 90 points to 20,650 in the opening trade today, extending its four-session gaining streak on sustained buying by funds and retail investors. The stocks of consumer durables, oil and gas, and metal sectors are leading the rally.In a similar fashi...

January 3, 2011 9:45 PM

Hike in Diesel prices may be deferred till March: PMEAC

Prime Minister&apos;s economic advisory panel (PMEAC) has said a hike in diesel prices may be deferred till March when the inflation rate is likely to come to about 6 per cent. Talking to reporters in New Delhi today,PMEAC chairman C Rangarajan said,possibly, the petroleum prices will be adjuste...

January 3, 2011 9:30 PM

Silver touches new high

Silver prices hit yet another record high at Delhi&apos;s bullion market, today, rising 180 rupees, to 46,930 rupees per kilo, on increased off take by industrial units and coin-makers, and a firm global trend. Silver coins gained 300 rupees, to an all-time high of 50,500 rupees for buying 100 p...

January 3, 2011 7:44 PM

Silver sizzles to record height

Silver prices hit yet another record high at Delhi&apos;s bullion market, today, rising 180 rupees, to 46,930 rupees per kilo, on increased off take by industrial units and coin-makers, and a firm global trend. Silver coins gained 300 rupees, to an all-time high of 50,500 rupees for buying 100 p...

January 3, 2011 6:51 PM

Diesel prices may be deferred till March: PMEAC

Prime Minister&apos;s economic advisory panel (PMEAC) has said a hike in diesel prices may be deferred till March when the inflation rate is likely to come to about 6 per cent. Talking to reporters in New Delhi today,PMEAC chairman C Rangarajan said,possibly, the petroleum prices will be adjuste...

January 3, 2011 6:17 PM

Silver sizzles to record hight

Silver prices hit yet another record high at Delhi&apos;s bullion market, today, rising 180 rupees, to 46,930 rupees per kilo, on increased off take by industrial units and coin-makers, and a firm global trend. Silver coins gained 300 rupees, to an all-time high of 50,500 rupees for buying 100 p...

January 3, 2011 6:15 PM

Sensex gains 52 pts

The Sensex at the Bombay Stock Exchange got off to a modestly positive start on the first trading day of the New Year, gaining 52 points, or 0.3 percent, to 20,561, today. The Nifty at the National Stock Exchange rose 23 points, or 0.4 percent, to 6,158.

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