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August 16, 2010 10:07 AM
The rupee depreciated by 6 paise to trade at Rs 46.82 per dollar on the forex market in early today. It had ended steady at Rs 46.76 on Friday. Dealers said dollar strengthened against major world currencies in global markets, which also weighed on the rupee.
August 14, 2010 9:14 PM
The government today asked the public sector banks to provide more agricultural credit to farmers by expanding their network in rural India. Reviewing the performance of the public sector banks in New Delhi, Finance Minister Pranab Mukherjee asked them to make their financial inclusion plans for cov...
August 13, 2010 9:50 PM
Gold prices jumped 160 rupees, to 18,760 rupees per ten grams at Delhi's bullion market, today. Silver ready rose 200 rupees, to 29,300 rupees per kilo.In the international market, gold gained 3.7 dollars, to 1,217.60 dollars an ounce.
August 13, 2010 6:12 PM
The Sensex at the Bombay Stock Exchange closed 93 points, or 0.5 percent higher, at 18,167, today, amid positive Asian markets. The Nifty at the National Stock Exchange added 36 points, or 0.7 percent, to 5,452.
August 13, 2010 1:55 PM
The Sensex at the Bombay Stock Exchange opened 79 points, or 0.4 per cent higher, at 18,153, this morning, on renewed buying in blue-chips, especially banking and PSU stocks. Gaining further, the Sensex stood 137 points, or 0.8 per cent in the green, at 18,211, a short while ago. Other Asian markets...
August 13, 2010 1:25 PM
The ICICI Bank welcomed today all the 463 branches of the Bank of Rajasthan into its fold and claimed that this merger would be beneficial to capitalise growth opportunities in the Indian Economic system. ICICI MD & CEO Chanda Kochhar has thanked the RBI for the approval of the merger saying...
August 13, 2010 12:02 PM
The government has no immediate plan to offload its stake in the State Bank of India and the nod sought from Parliament to sell-up to 49 per cent holding in the country's largest lender need not necessarily be acted upon. Finance Minister Pranab Mukherjee said this while introducing the ame...
August 13, 2010 11:47 AM
Oil prices rebounded in Asian trade today on bargain-hunting but analysts said the fragile state of the global economic recovery continues to weigh on the market. A slew of weak economic data from the United States and Europe and signs of slowing growth in China sent prices tumbling during the week ...
August 13, 2010 11:46 AM
The indirect tax collections have grown by over 46 per cent in the first four months of the current fiscal. According to an official release, this is mainly due to picking up of economic activity in July. The total indirect tax from April to July is over 96, 200 crores. The highest growth was record...
August 13, 2010 10:59 AM
The Indian rupee appreciated by 15 paise to 46.62 rupees a dollar in early trade today, supported by fresh capital inflows by foreign funds and stronger Asian currencies against the dollar. The Rupee fell 7 paise at nearly 3-week low of 46.78 rupees against the US currency on Thursday's tra...
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