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January 1, 2011 9:03 AM
Major lenders, including State Bank of India, ICICI Bank and HDFC Bank have raised their lending and deposit rates by up to one percentage point on the eve of the New Year. While the hike in lending rate will make auto, home and commercial loans expensive, increase in deposit rates will ensure bette...
December 31, 2010 8:50 PM
Oil firms have raised jet fuel prices by 935 per kilo litre. The new ATF Price will come in to force from Friday midnight.
December 31, 2010 7:55 PM
Sensex at the Bombay Stock Exchange gained 120 points, or 0.6 percent, to 20,509, on the last day of the year on Friday. Climbing for the third straight session the market rose on sustained buying by investors amid indications that strong economic growth will boost company earnings. The Nifty at the...
December 31, 2010 7:53 PM
Rupee ends in this year on high note, up by 26 paise against Dollar. Extending the gains for the fourth straight day, the rupee closed at 44.70 a dollar on Friday. On the back of record capital flows, the rupee gained 3.93 per cent, or 183 paise, in the year 2010.
December 31, 2010 7:38 PM
Oil firms have raised jet fuel prices by 935 per kilo litre. The new ATF Price will come in to force from Friday midnight.
December 31, 2010 6:39 PM
The Sensex rose for the third straight day in the last trading session of the year. It advanced by another 120 points to reach 20,509 on sustained buying. Brokers said, the Sensex ended the year by becoming the best performer in the Asian region during 2010. The National Stock Exchange index Nifty r...
December 31, 2010 2:12 PM
Oil price dropped in Asian trade today after US data showed the country's crude stocks declined at a smaller-than-expected margin. New York's main contract, light sweet crude dropped 15 cents to 89.69 dollars per barrel in the afternoon. Brent North Sea crude was down three cents a...
December 31, 2010 1:59 PM
The Sensex at the Bombay Stock Exchange was trading over 120 points in afternoon trade. The Sensex was quoted 123 points up at 20512 a short while ago.The Nifty at the National Stock Exchange was also trading 35 points up at 6136.
December 31, 2010 1:24 PM
Fifty paise will be the minimum denomination coin accepted for transactions in the country from the end of June next year. A Finance Ministry release said that from this date, 25 paise coins and below such denomination shall cease to be a legal tender. In accounting, pricing of products, services, a...
December 31, 2010 1:21 PM
The Coal import for power generation has fallen by 24 per cent this year. It happened after plentiful rainfall boosted hydroelectricity generation reducing coal-based demand. According to Planning Commission, India's Coal imports for power generation will be 24 per cent less than estimated ...
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