Business

November 4, 2010 5:42 PM

Sensex ends at an all-time high on capital inflow

The Samvat year 2066 ended on a cheerful note with the BSE benchmark Sensex closing at an all-time high of 20,893.57 points on heavy capital inflows.The wide-based National Stock Exchange's index Nifty too spurted by 121.30 points to close at record high of 6,281.80 points.On the eve of Diw...

November 4, 2010 4:52 PM

Tax collection during April-Oct period crosses Rs 2 lakh crore<br/>

Buoyed by robust economic growth, net direct tax collections crossed the 2 lakh crore rupee mark during the April-October 2010 period, an increase of around 18 per cent over the same period last year. An official statement said corporate tax collections grew 22.05 per cent, at 1.34 lakh crore rupees...

November 4, 2010 4:50 PM

Toyota recalls 1,36,000 compact cars to fix steering problem <br/>

The automaker, Toyota today announced a recall of almost 136,000 compact cars in Japan and Europe to fix a steering problem. The company, which was battered by a global safety crisis earlier this year, said it will recall 65,000 compact iQ and Passo cars in Japan and about 70,800 in Europe, all of t...

November 4, 2010 4:50 PM

Sensex zooms 428 pts; trading at 20,894<br/>

The Sensex at the Bombay Stock Exchange zoomed 428 points, or 2.1 percent, to 20,894, on improved corporate earnings and firm global markets, today. The Nifty at the National Stock Exchange shot up 121 points, or 2 percent, to 6,282.

November 4, 2010 2:18 PM

Sensex continues to trade in green

The Sensex at the Bombay Stock Exchange, which had climbed 188 points in opening trade, today, later shot up even further, to stand a hefty 371 points, or 1.8 percent in the green, at 20,837, a short while ago. Stocks rose on strong capital inflows by foreign funds, robust quarterly earnings by Indi...

November 4, 2010 12:38 PM

Food inflation falls to 12.85%

Sliding for the third straight week, food inflation fell to 12.85 per cent for the week ended October 23 as prices of vegetables, especially potato and onion, softened due to improved supplies. Food inflation stood at 13.75 per cent for the week ended October 16. Government data showed that on annua...

November 4, 2010 12:37 PM

Sensex continues to trade in green

Sensex continued to trade in the green after climbing nearly 188 points in early trade today on heavy capital inflows by foreign funds and firm Asian markets.The 30-share index was 330 points up at 20,795 points in the noon trade, with all sectoral indices trading in the positive zone.The wide-based...

November 4, 2010 10:18 AM

Rupee strengthens by 6 paise

The rupee today strengthened by 6 paise to trade at a two-week high of 44.29 rupees against the US currency in early trade tracking dollar&apos;s weakness against other major currencies. Strong capital inflows into equities by foreign funds also supported the rupee.

November 4, 2010 10:17 AM

Sensex gains 188 points in early trade

The Bombay Stock Exchange benchmark Sensex climbed nearly 188 points in early trade today on heavy capital inflows by foreign funds and firm Asian markets. The 30-share index rose by 187.90 points, or 0.91 per cent, to 20,653.64 points with all sectoral indices trading in the positive zone. The wide...

November 3, 2010 6:39 PM

ONGC becomes Asia's top oil & gas exploration company

India&apos;s Oil and Natural Gas Corporation has beaten Chinese rival, CNOOC, to become Asia&apos;s top oil and gas exploration and production company. It climbed three places to take the top slot in the 2010 rankings released by Platts, one of the most respected global provider of energy an...

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