Business

October 28, 2010 2:05 PM

BSE Sensex stands 94 points in green

Snapping two day's of losses, the Sensex at the Bombay Stock Exchange rebounded 114 points, or 0.6 per cent, to 20,120 in opening trade this morning, on emergence of buying at lower levels, amid a mixed trend in the Asian bourses. After paring some of its early gains, the Sensex stood 94 po...

October 28, 2010 12:39 PM

Food inflation declines by 1.78 percentage points for second consecutive week

Food inflation has declined for the second consecutive week. It came down by 1.78 percentage points to 13.75 per cent for the week ended October 16. According to official data, it was 15.53 per cent in the previous week. The fall was achieved due to improved kharif supplies and fall in prices of veg...

October 28, 2010 11:27 AM

Raising funds for infrastructure development not a big problem: FM

Finance Minister Pranab Mukherjee has said that raising funds for infrastructure development is not a big problem. Addressing the Consultative Committee of Members of Parliament attached to his ministry on Wednesday evening, Mr Mukherji said, 41 lakh crore rupees have to be raised in the 12th Five-Y...

October 28, 2010 11:00 AM

India and Hong Kong make progress in talks in double taxation agreement

India and Hong Kong made progress in the talks for finalizing the double taxation agreement. The talks were held between the Hong Kong Special Administrative to Region Head, Donald Tsang and the Finance Minister Pranab Mukherjee on Wednesday evening. Speaking to reporters after the meeting, Tsang sa...

October 28, 2010 10:54 AM

Rupee depreciates by 3 paise against US dollar

The Indian rupee depreciated marginally by 3 paise to 44.48 rupees a dollar in the opening trade today. Forex dealers said the weaker Asian currencies against the US dollar and the month-end demand for the greenback from importers weighed down the rupee sentiment. The domestic unit had ended flat at...

October 28, 2010 9:59 AM

BSE Sensex recovers by over 114 points in early trade

Erasing the two-day losses, the Sensex today recovered by over 114 points in the opening trade on emergence of buying at lower levels amid mixed trend in Asian regions.The 30-share index which had lost nearly 298 points in the previous two trading sessions saw a recovery of 114 points at 20,118 poin...

October 27, 2010 8:55 PM

Sensex sheds 216 points; closes over 20,000 mark

Extending losses for the second consecutive session, stock market benchmark Sensex today fell 216 points, led by banking and FMCG stocks. In tandem with its Asian peers, the 30-share Sensex finished lower by 216 points at 20,005. The wide-based National Stock Exchange's 50-share Nifty Index...

October 27, 2010 8:40 PM

Sensex sheds 216 points to close at 20,005

Extending losses for the second consecutive session, stock market benchmark Sensex today fell 216 points, led by banking and FMCG stocks. In tandem with its Asian peers, the 30-share Sensex finished lower by 216 points at 20,005. The wide-based National Stock Exchange's 50-share Nifty Index...

October 27, 2010 7:00 PM

Finance Ministry examining SBI rights issue proposal?<br/>

The Finance Ministry on Thursday said it is currently examining a proposal by SBI to come out with rights issue. Financial Services Secretary, R Gopalan told reporters on the sidelines of a function in New Delhi that the Ministry would take a view on the quantum, after going through all the details.

October 27, 2010 5:37 PM

Sensex down by 216 pts<br/>

Extending losses for the second consecutive session, stock market benchmark Sensex today fell 216 points, led by banking and FMCG stocks. In tandem with its Asian peers, the 30-share Sensex finished lower by 216 points at 20,005. The wide-based National Stock Exchange&apos;s 50-share Nifty Index...

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