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December 6, 2010 12:21 PM
French companies are committed to invest 10 billion Euro's in India by 2012. This was stated by the French Minister of Economy and Finance Christine Lagarde in New Delhi today. Addressing India-France Business Forum, she emphasised on opening up of sectors like insurance and retail, particu...
December 6, 2010 11:50 AM
The Bombay Stocks Exchange benchmark Sensex opened 135 points up and touched the psychological 20,000 level in the early trade today. It was trading at 20187, up by over 220 points a short while ago. Analysts said the gain in sensex is due to fresh buying in metal, oil and gas, and IT sector stocks ...
December 6, 2010 11:49 AM
The Indian Rupee today appreciated by 21 paise and hit three-week high of 44.89 rupees a dollar in the morning trade. It had closed at 45.10 against the greenback on Friday. Forex dealers said strong opening of the stock exchanges and dollar's losses against other Asian currencies kept the ...
December 6, 2010 11:12 AM
Oil prices were higher in Asian trade today. New York's light sweet crude gained 14 cents to 89.33 dollars a barrel while Brent North Sea crude was up 17 cents to 91.59 dollars a barrel. Analysts said crude markets continued their rally after hitting the highest levels in more than two year...
December 6, 2010 11:10 AM
The Bombay Stocks Exchange benchmark Sensex opened 135 points up and touched the psychological 20,000 level in the early trade today. It was trading at 20132, up by over 165 points a short while ago. Analysts said the gain in sensex is due to fresh buying in metal, oil and gas, and IT sector stocks ...
December 4, 2010 1:59 PM
Reserve Bank Governor D Subbarao has asked banks to hike deposit rates and lower lending interest. Speaking at a function in Mumbai on Friday, he said there was need to raise the level of national savings and channelise these into investment. The Governor said banks could maintain profitability by o...
December 3, 2010 7:01 PM
Snapping a four-day rally, the Sensex at the Bombay Stock Exchange closed with a modest loss of 26 points, or 0.1 percent, at 19,967, after choppy trade, today, as investors turned cautious and booked profits, after market regulator, SEBI barred four companies from trading. The Nifty at the National...
December 3, 2010 5:22 PM
Stock markets today ended the week on a slightly sour note, with the barometer Sensex snapping 4-day rally and slipping 26 points. After trading in a narrow range through the day, the Bombay Stock Exchange benchmark Sensex settled at 19,966 point, shedding 25.77 points or 0.13 per cent from the prev...
December 3, 2010 2:34 PM
Domestic airlines have proposed a massive hike in air fares. AIR correspondent quoting official sources reports, the Directorate General of Civil Aviation (DGCA) which received the proposals on Thursday is unlikely to give its nod. DGCA sources also say, the civil aviation regulator is likely to sho...
December 3, 2010 2:30 PM
The Sensex at the Bombay Stock Exchange, which had opened 40points lower this morning soon rebounded to cross the 20,000 mark in early trade today. But the benchmark index then again lost ground, to stand 95 points, or 0.5 per cent in the red, at 19,898, in afternoon deals, amid volatile trade, a sh...
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