Business

September 15, 2010 10:28 AM

BSE Sensex gains 138 points in opening trade

Extending its winning streak for the seventh straight session, the Bombay Stock Exchange benchmark Sensex gained 138 points at 19,486 in opening trade. This follows sustained capital inflows from foreign funds.This is fresh 32-month high. In a similar fashion, the broad-based National StockExchange&...

September 15, 2010 10:27 AM

Rupee gains 6 paise against dollar

The Indian rupee gained 6 paise to 46.38 against US dollar in early trade. The Indian currency was supported by fresh capital inflows from foreign funds.However, sharp gains made by the dollar against other major currencies limited the rupee's rise.The rupee had ended 5 paise lower at 46.45...

September 15, 2010 9:14 AM

Gold prices touch a new high

Gold prices touched a new high of 1,272 US dollar an ounce today as investors looked for safe heaven amid uncertainty in global economy.The metal in spot trading surged by 26 US dollar to an all time high of 1,272 US dollar an ounce in New York and London.The gold in futures trade set new a record o...

September 15, 2010 8:55 AM

Government comes out with a new index on inflation

The government on Tuesday came out with a new index on inflation, which showed that the rate of price rise declined by 1.3 percentage points, to a 7-month low of 8.5 per cent in August from the July level of 9.8 per cent. But going by the old inflation series, the rate of price rise dipped from 10 p...

September 14, 2010 8:52 PM

New inflation index shows 1.3% dip

The government today came out with a new index on inflation, which showed that the rate of price rise declined by 1.3 percentage points, to a 7-month low of 8.5 per cent in August, from the July level of 9.8 per cent. But going by the old inflation series, the rate of price rise dipped from 10 per c...

September 14, 2010 8:46 PM

Sensex rises for sixth straight session, gains 139 points.

Rising for the sixth straight session, the Sensex at the Bombay Stock Exchange gained 139 points, or 0.7 percent, to a fresh 32-month high of 19,347, on the back of continued capital inflows, today. The Nifty at the National Stock Exchange added 36 points, or 0.6 percent to 5,796. Stock markets in J...

September 14, 2010 5:52 PM

Planning Commission to have a re-look on inflation forecast

The Deputy Chairman of the Planning Commission today said that it will have a re-look on its inflation forecast. The Plan panel had forecast a 6% inflation by December end. Talking to reporters in New Delhi, Mr. Montek Singh Ahluwalia said that he will have to take a closer look at the new Whole Sal...

September 14, 2010 5:02 PM

Sensex gains 139 points

Rising for the sixth straight session, the Sensex at the Bombay Stock Exchange gained 139 points, or 0.7 percent, to a fresh 32-month high of 19,347, on the back of continued capital inflows, today. The Nifty at the National Stock Exchange added 36 points, or 0.6 percent to 5,796. Stock markets in J...

September 14, 2010 1:52 PM

Sensex trading above 19k

Extending its winning streak for the sixth straight session, the Sensex at the Bombay Stock Exchange gained 87 points, or 0.5 per cent, to 19,296 in opening trade, today, on continued capital inflows by foreign funds. The Sensex then surged as much as 279 points in early afternoon deals, but later c...

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