Business

November 30, 2010 5:06 PM

ASEAN Secy General asks members to step up intra-regional trade

ASEAN Secretary General Surin Pitsuwan has urged member states to step up intra-regional trade, saying it was difficult otherwise to see the bloc reaching its goal of economic integration by 2015. The 10-member Association of Southeast Asian Nations has set 2015 as the target for creating a single r...

November 30, 2010 2:38 PM

Sensex ups by 149 points in noon trade

Rebounding from initial losses, the Sensex at the Bombay Stock Exchange climbed 149 points, or 0.8 percent, to 19,554 in afternoon deals, a short while ago, on better-than-expected second quarter GDP growth numbers.Earlier in the morning, the Sensex had opened 169 points, or 0.9 percent in the red, ...

November 30, 2010 2:38 PM

BSE Sensex ups by 149 points in noon trade

Rebounding from initial losses, the Sensex at the Bombay Stock Exchange climbed 149 points, or 0.8 percent, to 19,554 in afternoon deals, a short while ago, on better-than-expected second quarter GDP growth numbers.Earlier in the morning, the Sensex had opened 169 points, or 0.9 percent in the red, ...

November 30, 2010 2:00 PM

BSE Sensex ups by 149 points a short while ago

Rebounding from initial losses, the Sensex at the Bombay Stock Exchange climbed 149 points, or 0.8 percent, to 19,554 in afternoon deals, a short while ago, on better-than-expected second quarter GDP growth numbers.Earlier in the morning, the Sensex had opened 169 points, or 0.9 percent in the red, ...

November 30, 2010 12:25 PM

FM asks investors not to press panic button over housing finance racket

Finance Minister Pranab Mukherjee today asked investors not to press panic button over the housing finance racket as the loans are protected. Talking to reporters on the sidelines of a seminar on inclusive growth in New Delhi, he said loans given by institutions, some of whose officials were arreste...

November 30, 2010 12:13 PM

Indian economy grows by 8.9 per cent in second quarter of current fiscal

Indian economy grew by 8.9 per cent in the second quarter of the current fiscal, up from 8.7 per cent in the corresponding period a year ago. Driven by good performance of agriculture and manufacturing, the growth rate for the first quarter was revised upwards to 8.9 per cent from 8.8 per cent. Acco...

November 30, 2010 11:10 AM

FM asks investors not to press panic button over housing finance racket

Finance Minister Pranab Mukherjee today asked investors not to press panic button over the housing finance racket as the loans are protected. Talking to reporters on the sidelines of a seminar on inclusive growth in New Delhi, he said loans given by institutions, some of whose officials were arreste...

November 30, 2010 11:06 AM

Food prices likely to decline in coming months: Rangarajan

The Chairman of Prime Minister's Economic Advisory Council C Rangarajan said that there could be decline in food prices in the coming month. Talking to reporters in New Delhi, he said inflation is also likely to fall between 5.5 to 6 per cent by March 2011 from 8.62 per cent in September th...

November 30, 2010 11:03 AM

Rupee down by 10 paise against US dollar<br/>

The Indian Rupee weakened by 10 paise to almost three-month low of 46.03 rupees against the US dollar in early trade today, on continued demand for the American currency from importers and some banks. Forex dealers said increased month-end demand for the US currency from importers, mainly oil refine...

November 30, 2010 10:26 AM

BSE Sensex down by 169 points in early trade

The Bombay Stock Exchange benchmark Sensex has shed almost 169 points in the opening trade today, on profit-booking and a weak trend in Asia.The 30-share barometer, which had gained 268.49 points in Monday&apos;s session, fell by 168.71 points or 0.87 per cent to 19,236.39 level at the outset of...

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