Business

July 27, 2010 1:37 PM

No roll back of hike prices of kerosene and cooking gas

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 ...

July 27, 2010 1:35 PM

Oil prices inch marginally higher in Asian trade

Oil prices inched marginally higher in Asian trade today with investor sentiment clouded by worries about the US and euro zone economies. New York's main contract, light sweet crude for September delivery, gained eight cents to 79.06 dollars a barrel and Brent North Sea crude, also for Sept...

July 27, 2010 12:54 PM

BSE Sensex stands 58 points after central bank's monetary policy review

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's quarterly credit policy review. The Sensex later stood 58 points, or 0.3 percent in the green, at 18,078, after the central bank's monetary policy ...

July 27, 2010 12:53 PM

Rupee gains 18 paise against US dollar

The Indian rupee gained 18 paise to 46.86 against the US dollar in early trade on the Inter bank Foreign Exchange today. The value of the American currency fell against its major rivals.Capital inflows by foreign funds into equities, too, supported the rupee sentiment.The rupee had closed 11 paise l...

July 27, 2010 12:52 PM

Rupee gains 18 paise against US dollar

The Indian rupee gained 18 paise to 46.86 against the US dollar in early trade on the Inter bank Foreign Exchange today. The value of the American currency fell against its major rivals.Capital inflows by foreign funds into equities, too, supported the rupee sentiment.The rupee had closed 11 paise l...

July 27, 2010 12:42 PM

RBI hikes short term lending rate by 0.25 percentage points

RBI has hiked short term lending or repo rate by 0.25 percentage points. It will be now 5.75 per cent. The short-term borrowing or reverse repo rate has been hiked by 0.50 percentage point to 4.50 per cent. The cash reserve ratio or CRR and bank rate have been kept unchanged at 6 per cent. The RBI a...

July 27, 2010 12:31 PM

RBI hikes short term lending rate by 0.25 percentage points

RBI has hiked short term lending or repo rate by 0.25 percentage points. It will be now 5.75 per cent. The short-term borrowing or reverse repo rate has been hiked by 0.50 percentage point to 4.50 per cent. The cash reserve ratio or CRR and bank rate have been kept unchanged at 6 per cent. The RBI a...

July 27, 2010 10:50 AM

Rupee gains 18 paise against US dollar

The Indian rupee gained 18 paise to 46.86 against the US dollar in early trade on the Inter bank Foreign Exchange today. The value of the American currency fell against its major rivals.Capital inflows by foreign funds into equities, too, supported the rupee sentiment.The rupee had closed 11 paise l...

July 27, 2010 10:50 AM

BSE Sensex opens 57 points higher

The Bombay Stock Exchange benchmark Sensex today opened 57 points higher. Funds made cautious buying as the Reserve Bank of India will announce it quarterly credit policy later in the day.The 30-share BSE barometer rose to 18,077 points. The index had lost 111 points on Monday.The wide-based Nationa...

July 26, 2010 9:15 PM

Sensex snaps 3-day winning streak; loses 111 pts

Snapping a three-session rally, the Sensex at the Bombay Stock Exchange lost 111 points, or 0.6 per cent, to 18,020, on Monday, on investor caution ahead of the Reserve Bank's credit policy review and some key corporate results. The Nifty at the National Stock Exchange slid 31 points, or 0....

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