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July 16, 2010 12:05 PM
The benchmark Sensex was up by 9 points at 17918 in the noon trade. It recovered by nearly 41 points in the opening trade. This follows fresh buying by funds after Tata Consultancy posted better-than-estimated quarter earnings.The broad-based National Stock Exchange index Nifty which rose 10.35 poin...
July 16, 2010 11:46 AM
Delhi government today announced reduction in VAT on diesel from 20 percent to 12.5 percent. The new prices will be implemented from 20th of this month. Petrol pump owners across the capital had protested and threatened to go on indefinite strike after the government increased the VAT on diesel in t...
July 16, 2010 10:13 AM
Oil hovered around 76 dollars in volatile Asian trade today on weak economic data which dampened hopes for a swift US rebound from recession.New York's main contract, light sweet crude for delivery in August, was down nine cents to 76.53 dollars a barrel in morning trade. Brent North Sea cr...
July 16, 2010 10:13 AM
The rupee depreciated by 10 paise against the dollar in early trade, tracking mixed trend in Asian currencies.However, flat to better trend on the stock market in early trade, capped losses.At the Interbank Foreign Exchange market, the domestic unit was quoted 10 paise lower at 46.70 a dollar in ear...
July 16, 2010 10:12 AM
The benchmark Sensex recovered by nearly 41 points in the opening trade today. This follows fresh buying by funds after Tata Consultancy posted better-than-estimated quarter earnings.The 30-share index, which had lost over 75 points in the previous two sessions, gained 0.22 per cent, at 17,950.31 po...
July 15, 2010 6:52 PM
The World Bank will provide 920 crore Rupees financial assistance to the West Bengal Government for strengthening Gram Panchayets in the state. A memorandum of understanding (MOU) to this effort was signed among Central, State Governments and World Bank in presence of State Panchayet and Rural Devel...
July 15, 2010 6:14 PM
Oman has invited the Indian entrepreneurs to invest in that country. Addressing the captains of Industry in New Delhi today, the visiting Minister for National Economy, Sultanate of Oman Mr Ahmed Macki also observed that India holds a promising market to Oman. He said, the joint investment fund sign...
July 15, 2010 6:11 PM
The Union Minister of State for Coal, Statistics and Programme Implementation, Sriprakash Jaiswal has said that Inflation and price rise are a global phenomenon and other countries, including the US, are also being adversly affected by them. Mr. Jaiswal said that it was due to the visionary leadersh...
July 15, 2010 2:28 PM
The Sensex at the Bombay Stock Exchange gained 40 points or 0.2 percent to 17,979 in early trade today on revival of selective buying by investors. But the Sensex later surrendered all those gains and stood 46 points or 0.3 percent in the red at 17,892 a short while ago.Other Asian bourses in Japan,...
July 15, 2010 2:20 PM
Annual food inflation inched up to 12.81 per cent for the week ended July 3, while fuel inflation was at 14.27 per cent. In the previous week food inflation was at 12.63 per cent and fuel inflation at 18.02 per cent. While vegetable prices fell by 5.70 per cent year-on year, costlier pulses and cere...
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