Business

July 28, 2010 9:06 AM

Government rules out roll back in kerosene and cooking gas price hike

The government has ruled out roll back in kerosene and cooking gas price hike. Speaking to reporters outside the Parliament, Petroleum and Natural Gas Minister Murli Deora said that the increase in these products is only minimal and the government has no intention to reverse its decision. Earlier, m...

July 27, 2010 8:58 PM

Govt. rules out rollback of hike in kerosene and cooking gas prices

The government has ruled out roll back of the hike prices of kerosene and cooking gas. Speaking to reporters outside the Parliament the Petroleum and Natural Gas Minister Mr. Murli Deora said that the increase in these products was only minimal and the government has no intention was going back on i...

July 27, 2010 8:51 PM

New monetary policy will further ease inflation: FM

The Finance Minister Mr. Pranab Mukherjee has said that the new monetary policy is expected to further ease inflation which is already going down. In a statement after the Apex Bank announced its new credit policy in Mumbai, Mr. Mukherjee said that it will also keep on track the growth process. Mr. ...

July 27, 2010 6:26 PM

RBI revises economic growth projection

Upbeat over a normal monsoon and the robust industry and services sectors, the RBI today raised its projections for economic growth to 8.5 per cent this fiscal. The earlier estimate was 8 per cent. It, however warned that a global slowdown may cast a shadow on the economy. The RBI's project...

July 27, 2010 6:25 PM

RBI hikes two key short-term rates to address inflationary concern

In a far reaching decision RBI today hiked two key short-term rates to address the growing concern of high inflation.In the monetary policy unveiled by the apex bank today in Mumbai, the bank Governor D. Subbarao has hiked the repurchase rate by a quarter percent raising it to 5.75 percent and the r...

July 27, 2010 6:24 PM

Sensex gains 58pt

The Sensex at the Bombay Stock Exchange gained 58 points, or 0.3 per cent, to 18,078, today, after the Reserve Bank's credit policy review largely matched market expectations.The Nifty at the National Stock Exchange rose 12 points, or 0.2 percent, to 5,431. Interest rate sensitive auto stoc...

July 27, 2010 5:21 PM

Sensex up by 58 pts, trading above 18k<br/>

The Sensex at the Bombay Stock Exchange gained 58 points, or 0.3 per cent, to 18,078, today, after the Reserve Bank&apos;s credit policy review largely matched market expectations. The Nifty at the National Stock Exchange rose 12 points, or 0.2 percent, to 5,431. Interest rate sensitive auto sto...

July 27, 2010 5:20 PM

Sensex up by 58 pts, trading above 18k<br/>

The Sensex at the Bombay Stock Exchange gained 58 points, or 0.3 per cent, to 18,078, today, after the Reserve Bank&apos;s credit policy review largely matched market expectations. The Nifty at the National Stock Exchange rose 12 points, or 0.2 percent, to 5,431. Interest rate sensitive auto sto...

July 27, 2010 2:47 PM

BSE Sensex in green

The Sensex at the Bombay Stock Exchange opened 57 points, or 0.3 per cent higher, this morning, at 18,077, ahead of the Reserve Bank&apos;s quarterly credit policy review. The Sensex later gained further ground, and stood 84 points, or 0.5 per cent in the green, at 18,104, after the central bank...

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