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October 5, 2010 9:35 PM
The Indian stock markets today closed on a weaker note first time after three trading sessions. The Sensex at the Bombay stock Exchange declined 68 points at 20407. The broad based NSE Nifty went down by 13 points to close at 6145.The bourses saw 18 components ending in negative terrain. Some kept t...
October 5, 2010 9:14 PM
Terming the current inflation scenario in the country as a cause of concern, Deputy Governor of Reserve bank of India Subir Gokarn today said that the inflation situation at present is well above comfort zone. He was addressing at the Private Equity International India Forum in Mumbai today.
October 5, 2010 7:46 PM
The CCEA has approved disinvestment of part of Government equity in Shipping Corporation of India Limited (SCI). It has approved sale of 10 per cent of the existing equity out of the government shareholding amounting to over four crore shares in the domestic market as per SEBI regulations. The disin...
October 5, 2010 5:49 PM
The Indian stock markets today closed on a weaker note first time after three trading sessions. The Sensex at the Bombay stock Exchange declined 68 points at 20407. The broad based NSE Nifty went down by 13 points to close at 6145.The bourses saw 18 components ending in negative terrain. Some kept t...
October 5, 2010 4:40 PM
The government says, the ongoing Commonwealth Games will add about 5 billion US Dollars to the Indian economy in the coming years. Inviting the business community of Commonwealth nations to invest in India, Minister of State for Agriculture and Consumer Affairs K V Thomas said, the games will create...
October 5, 2010 2:01 PM
The Finance Minister Mr. Pranab Mukherjee ruled out any control on overseas fund flows for now. He said, this is not the time to put any restrictions as asset markets are not in bubble zone. He said that the inflows have helped benchmark Indian equity indices to scale near record levels. In an inter...
October 5, 2010 1:51 PM
The Sensex at the Bombay Stock Exchange recovered after initial losses, and stood 33 points, or 0.2 percent in the green, at 20,508, a short while ago. Earlier, the Sensex had fallen 68 points, or 0.3 per cent, to 20,408 in early trade, this morning, on profit-booking by investors. Other Asian stock...
October 5, 2010 11:30 AM
The Indian rupee weakened by 19 paise to 44.77 against the US dollar in the early trade. Rising demand for dollar from importers and weak opening at the domestic stock market, coupled with Dollar gaining against other major currencies hurt the rupee's sentiment. Forex traders said, besides ...
October 5, 2010 9:37 AM
The Sensex declined by over 67 points in the opening trade today, as investors and funds booked profits at prevailing higher levels. The 30-share barometer, which had gained over 519 points in the last three trading sessions, fell by 67 points to 20,408 within the first few minutes of trade. Refiner...
October 5, 2010 9:08 AM
Bankers expressed reservations on the Reserve Bank's proposal to deregulate interest rates on savings bank accounts. They said such a move will hinder stability of banks.Indian Banks Association's Chief Executive, K Ramakrishnan, told PTI in Mumbai that if the deregulation comes, t...
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