Cabinet approves new symbol for Indian rupee

The Indian rupee will have a new symbol. This has been approved by a cabinet meeting chaired by Prime Minister Dr. Manmohan Singh in New Delhi this morning. Briefing newspersons, the Information and Broadcasting Minister Mrs. Ambika Soni said, the new symbol will be used by all individuals and entit...

Food inflation rises to 12.81 %

Annual food inflation inched up to 12.81 per cent for the week ended July 3, while fuel inflation shot up to 14.27 per cent, reflecting the hike in oil prices. 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...

Rupee weakens by 4 paise

The Indian rupee weakened by 4 paise to 46.73 a dollar in early trade at the Interbank Foreign Exchange today on increased demand for the US currency from importers. The rupee had ended 7 paise higher at 46.70 a dollar in the previous session. Forex dealers said demand for the dollar from importers ...

Sensex recovers over 40 points in opening trade

The Sensex recovered by over 40 points in the opening trade today on revival of selective buying by funds after late selling yesterday. Major support to the market came in from the auto, oil and gas, banking and metal sector stocks. The 30-share index, which had lost 48 points in yesterday'...

Oil PSUs agree for uniform petrol price

State-owned oil companies - IOC, BPCL and HPCL - decided to have a uniform petrol price despite government giving them freedom to price the fuel. They will revise prices once a month based on input cost. The three retailers will once in a month coordinate on pricing of petrol based on international ...

Oil PSUs agree for uniform petrol price

Sensex down by 47 pts

The Indian markets today snapped its four day rally to close in the red. The benchmark index at the Bombay Stock Exchange closed at 17,938 with a loss of 47 points. The National Stock Exchange closed at 5386, down by 14 points. Although the Sensex opened on a high note, huge profit booking towards t...

Inflation rises by 0.39 pc

Inflation has gone up by 0.39 percent. Wholesale price-based inflation rate touched 10.55 per cent in June due to the recent rise in prices of petroleum products. It was 10.16 per cent in May and 11.23 per cent in April. Fuel index in June rose by 1.7 per cent while there was a marginal rise of 0.20...

Sensex up by 79 points

Tracking a firm trend in the global bourses, the Sensex at the Bombay Stock Exchange jumped 181 points or 1 per cent to cross the psychologically important 18,000 mark at 18,167 in opening trade today. After paring some of its gains the Sensex still stood 79 points or 0.4 per cent in the green at 18...

BSE Sensex up by 79 points a short while ago

Tracking a firm trend in the global bourses, the Sensex at the Bombay Stock Exchange jumped 181 points or 1 per cent to cross the psychologically important 18,000 mark at 18,167 in opening trade today. After paring some of its gains the Sensex still stood 79 points or 0.4 per cent in the green at 18...