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August 17, 2010 9:44 AM
The Bombay Stock Exchange benchmark Sensex opened higher by 81 points at 18,132. The Sensex was trading at 18,136, up by 86 points when reports last came in. Similarly, the wide-based National Stock Exchange, Nifty rose by 24 points to 5,442 points. The rise in Sensex is due to buying by funds in au...
August 16, 2010 9:29 PM
Leading telecom operators, including Bharti Airtel and Vodafone, would have to deposit with the Supreme Court half of the 470-crore rupees carrier charges they owe to state-owned BSNL. The apex court said today that the amount in the Supreme Court registry and then only the TDSAT's order wi...
August 16, 2010 8:47 PM
Gold today gained to a six -week high on signs that the global economy is faltering increased demand for the metal. The gold rose 9.80 US dollar to 1,226.40 US dollar.
August 16, 2010 8:20 PM
China is on track to overtake Japan as the world's second-largest economy after the United States. Figures released today show, Japan's gross domestic product, totaled 1.29 trillion dollar for the three months ending in June, while China's official figure for the same peri...
August 16, 2010 6:06 PM
Economic growth in Japan weakened significantly in the last financial quarter. Official figures show between April and June this year gross domestic product - the sum of the nation's goods and services - grew by 0.1 per cent, much lower than expected. Analysts say the country's exp...
August 16, 2010 6:06 PM
Inflation in the eurozone hit a 20-month high last month. European Union data has shown annual inflation in the 16-nation bloc rose to 1.7 per cent in July, up from 1.4 per cent in June and the highest rate since November 2008. Across all 27 nations in the European Union, prices were up 2.1 per cent...
August 16, 2010 4:56 PM
The Sensex at the Bombay Stock Exchange closed 116 points, or 0.6 percent lower, at 18,051, on profit-booking, today. The Nifty at the National Stock Exchange fell 34 points, or 0.6 percent, to 5,418.
August 16, 2010 1:16 PM
Wholesale price-based inflation fell to single digit at 9.97 per cent in July, owing to decline in prices of certain food and non-food items. The inflation was at 10.55 per cent in June, while for April it was revised upwards to 11.14 per cent from the provisional number of 10.16 per cent. Inflation...
August 16, 2010 11:58 AM
State Bank of India, the country's largest lender, today raised the benchmark lending rate by 50 basis points to 12.25 per cent. The move makes, home, vehicle and other corporate loans linked with the rate costlier to existing borrowers. However, for new borrowers the base rate, which becam...
August 16, 2010 10:19 AM
The Bombay Stock Exchange benchmark Sensex that opened 73 points down was trading 20 points up at 18,187 points a shortwhile ago. The wide-based National stock Exchange Nifty index also traded 8 points up at 5,460 points. Hong Kong's Hang Seng index traded lower by 0.26 per cent while Japan...
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