IMF warns Australian govt. about its reliance on China-fuelled resources boom

The International Monetary Fund has warned the Australian Government about its increased reliance on the China-fuelled resources boom. In a largely positive assessment of Australia's economic prospects, the IMF says there are risks that Chinese demand could taper off, or that the global rec...

Sensex slumps 39 points

The Bombay Stock Exchange benchmark Sensex slumped by about 39 points in opening trade today. The extension of the losses for the second straight session is due to sustained selling pressure amid weak global cues.The 30-share index, which had lost 149 points in the previous session, fell further to ...

India takes up with WTO non-tariff barriers imposed by US on Indian goods, services

Decision on decontrolling sugar will be taken after consultation with all stakeholders: Pawar

Government says a decision on decontrolling of sugar will be taken after consultation with all stakeholders. Union Minister for Food and Agriculture, Sharad Pawar said in New Delhi today that the government is seriously considering the proposal to decontrol the sugar industry but the decision can be...

Sensex trading in red; down by over 93 points

The Bombay Stock Exchange benchmark Sensex soared by over 129 points at 20,234 level in the opening trade today. Later it shed its initial gains and was trading at 20,011, down by over 93 points a short while ago. Analysts said the fall in Sensex is due to profit booking ahead of the expiry of deriv...

Rupee strengthens

The rupee appreciated by 30 paise to 44.85 against the US dollar in the early trade at the Interbank Foreign Exchange market in the noon trade today. The Indian currency had ended 14 paise lower at 45.15 rupees against the US currency in the previous session. Forex traders said the rupee strengthene...

Foreign investment in India recorded highest inflow in a calendar year

The foreign investment in India has recorded the highest inflow in a calendar year. The FII inflows for the first nine months of this year was to the tune of 88, 465 crore rupees. The Foreign investors pumped 24,083 crore rupees last month which is also the highest ever monthly inflow. According to ...

The Asian Development Bank, ADB, has raised India's growth forecast from 8.2 per cent to 8.5 per cent for the current fiscal. According to the ADB report, better performance is the result of robust private demand as well as sustained impact of stimulus policies introduced by the government....

BSE Sensex soared by over 129 points in early trade

The Bombay Stock Exchange benchmark Sensex soared by over 129 points at 20,234 level in the opening trade today. Later it shed its initial gains and was trading at 20,073, down by over 30 points a short while ago. Analysts said the fall in Sensex is due to profit booking ahead of the expiry of deriv...

The Bombay Stock Exchange benchmark

Sensex soared by over 129 points at 20,234 level in the opening trade today. Later it shed its initial gains and was trading at 20,073, down by over 30 points a short while ago. Analysts said the fall in Sensex is due to profit booking ahead of the expiry of derivatives contracts for the September m...