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July 19, 2010 9:09 PM
India's exports grew by 32.2 percent in the first quarter of the current fiscal while the growth in June 30.4 per cent. Briefing media Commerce Secretary Mr. Rahul Khullar said it is good news but still not great news. The exports during June were to the tune of 17.75 billion dollars. The i...
July 19, 2010 7:33 PM
India's exports grew by a healthy 30.4 per cent in June to nearly 18 billion US dollar. This was disclosed by Commerce Secretary Rahul Khullar while takling to reporters in New Delhi today.He said that imports increased by 23 per cent to over 28 billion dollar and the trade deficit was 10.5...
July 19, 2010 7:30 PM
In choppy trade, the Bombay Stock Exchange benchmark Sensex on Monday ended over 27 points lower on profit-booking at higher levels amid reports of a weakening global trend. In a volatile session, the Sensex opened 100 points down, before surging to a high of 18,005 during intra-day trade. However, ...
July 19, 2010 2:57 PM
The Sensex at the Bombay Stock Exchange shed 99 points, or 0.6 per cent, to 17,856 in opening trade on Monday, on profit-booking by investors, and amid weak Asian markets. After rebounding from its lows, the Sensex stood one point in the green, at 17,957, in choppy trade, a short while ago.Other Asi...
July 19, 2010 2:06 PM
The Finance Minister Mr. Pranab Mukherjee has said that GDP growth in the current fiscal will be 8.5 percent. Addressing a financial inclusion Summit in New Delhi on Monday Mr. Mukherjee said that though he would like to go by IMF prediction of 9.4 percent growth, however, he would limit himself to ...
July 19, 2010 1:39 PM
The Securities & Exchange Board of India's takeover panel has recommended hiking the open offer trigger to 25 per cent from 15 per cent. Addressing mediapersons in Mumbai on Monday, SEBI Takeover Regulatory Advisory Committee Chairman C Achutan said the panel has decided to re-write...
July 19, 2010 10:57 AM
Oil prices dipped in Asian trade on Monday. The sentiment was dampened by weak US economic data that spurred concerns of slow demand in the world's largest energy consumer.New York's main contract, light sweet crude for delivery in August shed 30 cents to 75.71 dollars a barrel whi...
July 19, 2010 10:35 AM
The rupee on Monday lost 27 paise to trade at a two-week low against the dollar. This follows largely foreign fund capital outflows from equities and increased demand for dollar from importers. At the Interbank Foreign Exchange or Forex market, the domestic unit was trading 27 paise lower at 47.04 a...
July 19, 2010 10:32 AM
The Sensex on Monday opened nearly 100 points lower. This follows selling by funds and retail investors amid weak Asian markets. The 30-share index, which had gained 46 points in the previous session, shed 99.42 points to 17,856 points. IT, realty, banking, metal and oil and gas stocks came under se...
July 17, 2010 8:51 PM
The net profit of State-owned Canara Bank has gone up by 82.5 percent. The bank posted a net profit of 1,013 crore rupees for the first quarter ended June 30 this year, against 555 crores made in the same period last year.
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