Pranab expresses concern over inflationary pressure on food prices

The Finance Minister, Mr. Pranab Mukherjee has expressed concern over the inflationary pressure on food prices. Talking to reporters in New Delhi today after the Wholesale Price Index, WPI, for the month of August was released, Mr. Mukherjee said, Reserve Bank of India is constantly monitoring the s...

Inflation based on new series of wholesale price index slips to 8.51%

The rate of inflation based on the new series of wholesale price index has come down to 8.51 for the month of August. It was at 9.78 percent in the month of July. The inflation index for food articles has declined by 0.8 percent and increased in non food articles by 1.1 percent. The data released to...

<img src="rs.png" border="0"> appreciates by 3 paise

The Indian gained 3 paise to 46.36 against the US dollar in early trade today, supported by continued foreign capital inflows and dollar losses overseas. Dealers said sustained capital inflows into equities and weakness of the American currency against a basket of currencies overseas aided the rupee...

Sensex gains over 87 points in opening trade

The Bombay Stock Exchange benchmark Sensex gained over 87 points in opening trade today, extending its winning streak for the sixth straight session on continued capital inflows by foreign funds.The 30-share index rose by 87 points to 19,296 points. The index gained almost 990 points in the previous...

European Commission raises forecast for growth in EU this year

The European Commission has raised its forecast for growth in the EU this year, after particularly strong growth in the second quarter. The commission now expects growth in 2010 of 1.8% in the EU, up from an earlier estimate of 1%, and of 1.7% in the 16-member eurozone, up from 0.9%. Its projection ...

Bangladesh Bank purchases 10 metric tonnes of Gold from IMF

Sensex zooms over 400 points to cross 19,000 level after 32 months

Extending its gains for the fifth straight session, the Sensex at the Bombay Stock Exchange zoomed 409 points, or 2.2 percent, to cross the psychological 19,000 mark after 32 months, and close at 19,208, on strong industrial data, and firm global markets, today. The Nifty at the National Stock Excha...

Sensex closes 409 points higher

Extending its gains for the fifth straight session, the Sensex at the Bombay Stock Exchange zoomed 409 points, or 2.2 percent, to cross the psychological 19,000 mark after 32 months, and close at 19,208, on strong industrial data, and firm global markets, today. The Nifty at the National Stock Excha...

Sensex zooms 409 points

The Sensex at the Bombay Stock Exchange zoomed 409 points, or 2.2 percent, to cross the 19,000 mark, and close at 19,208, amid firm global markets, today. The Nifty at the National Stock Exchange surged 120 points, or 2.1 percent to 5,760.

<img src="rs.png" border="0"> gains against dollar

The Indian gained 21 paise to 46.27 against the US dollar in early trade today on the Interbank Foreign Exchange. Forex dealers said, fresh foreign capital inflows into Indian equities were mainly responsible for the rupee&apos;s rise.