Business

July 14, 2010 12:44 PM

Inflation rises by 0.39 per cent

Wholesale price-based inflation rose by 0.39 per cent to 10.55 per cent in June due to the recent rise in prices of petroleum products. Inflation stood at 10.16 per cent in May and was at 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 per cen...

July 14, 2010 11:02 AM

Rupee appreciates by 20 paise against US dollar

The Indian rupee appreciated by 20 paise to 46.56 a dollar in early trade on the Interbank Foreign Exchange today. The rupee had closed almost flat at 46.76/77 against dollar on Tuesday's trading. Forex dealers said apart from firming Asian currencies and the euro against the dollar, increa...

July 14, 2010 10:47 AM

BSE Sensex up by 181 points in the opening trade today

The Bombay Stock Exchange benchmark Sensex rose by 181 points in the opening trade today, taking a firm trend in overseas markets.The Sensex was trading at 18,106, up by over 120 points when reports last came in. The wide-based National Stock Exchange index Nifty surged 52 points to 5,453 points in ...

July 14, 2010 10:01 AM

Double digits inflation would decline by December: Montek

Enthused by the prospects of good monsoon, the Planning Commission said the double digits inflation would decline by December. It also sounded optimism that economic growth would exceed 8.5 per cent this fiscal. Plan panel Deputy Chairman Montek Singh Ahluwalia said, RBI's monetary steps wo...

July 13, 2010 6:35 PM

Sensex gain 49 points; Ends at two-and-a-half-year high

Rising for the fourth straight session, the Sensex at the Bombay Stock Exchange posted a modest gain of 49 points, or 0.3 per cent, to end at a two-and-a-half-year high of 17,986, today, amid firm European markets. The Nifty at the National Stock Exchange rose 18 points, or 0.3 percent, at 5,401. St...

July 13, 2010 6:33 PM

Double digits inflation would decline by December: Planning Commission

Enthused by the prospects of good monsoon, the Planning Commission today said the double digits inflation would decline by December. It also sounded optimism that economic growth would exceed 8.5 per cent this fiscal. Plan panel Deputy Chairman Montek Singh Ahluwalia said, RBI's monetary st...

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