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December 27, 2010 9:15 PM
India's mobile phone connections have gone up to 706.69 million market. According to the Telecom Regulatory Authority of India (TRAI), the wireless phone user base grew 2.76 percent to 706.69 million in October from 687.71 million in the previous month. With this, the total telephone subscr...
December 27, 2010 6:43 PM
Oil prices hovered above 91 dollars a barrel in Asian trade, on Monday, as some ministers of Organization of Petroleum Exporting Countries signaled the group doesn't plan to boost output to cool the recent jump in prices.Benchmark oil for February delivery fell 17 cents to 91.34 dollars a b...
December 27, 2010 6:41 PM
Prime Minister's Economic Advisory Council Chairman C Rangarajan on Monday said that inflation is expected to come down to 5.5 per cent by March 2011. Rangarajan said, any level of inflation beyond 5 per cent is uncomfortable.The wholesale price index-based inflation shot up to 12.13 per ce...
December 27, 2010 6:38 PM
Customers will have to go through an extra layer of security for any credit card transaction over phone from New Year, as Banks have introduced an additional password system for credit card customers. The step has been taken after the Reserve Bank direction for making phone banking more secure.As pe...
December 27, 2010 5:44 PM
The Sensex at the Bombay Stock Exchange lost 45 points, or 0.2 percent, to close at 20,029 on Monday.The Nifty at the National Stock Exchange fell 14 points, or 0.2 percent, to 5,998.
December 27, 2010 2:31 PM
The Sensex is trading in the red zone after opening 86 points in early trade today. The Sensex is down by 40 points at 20032 points. Similarly, the wide-based National Stock Exchange Nifty index which moved up by 25 points is now down by 14 points at 5996 points.
December 27, 2010 10:25 AM
The Indian rupee rose marginally by 3 paise to 45.09 rupees against the US dollar in early trade today, supported by gains made by other currencies against the greenback. Forex dealers said a higher opening in the stock market and dollar weakness against other currencies bolstered the rupee sentimen...
December 27, 2010 10:25 AM
The BSE benchmark Sensex rose by over 86 points in opening trade today, with metal, technology and oil and gas sector stocks leading the gains amid a mixed trend in Asia. The 30-share index of the Bombay Stock Exchange rose by 86.34 points to 20,158 in opening trade today, extending the 90.78-point ...
December 26, 2010 8:05 PM
India has imposed anti-dumping duty of up to 266 per cent on imports of an IT equipment also used in the telecom sector to guard the domestic industry from cheap Chinese and Israeli shipments. Revenue department says the restrictive duty on import of Synchronous Digital Hierarchy Transmission Equipm...
December 26, 2010 12:21 PM
China has raised interest rates for the second time in two months, as the government steps up its fight against inflation. A statement of the People's Bank of China said the one-year lending and deposit rates would go up by a quarter of a percentage point. Inflation is China at its highest ...
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