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June 22, 2010 5:55 PM
An empowered Group of Ministers will meet in New Delhi on Friday to consider freeing of petrol prices from government control. If aligned with the international rates, petrol price in the country will go up by 3.73 Rupees a litre. According to official sources, domestic retail prices are benchmarked...
June 22, 2010 5:48 PM
After yesterday's over 300 point rally, the Sensex at the Bombay Stock Exchange declined 127 points, or 0.7 per cent, to close at 17,750, on profit-booking, and weak Asian markets, today. The Nifty at the National Stock Exchange fell 37 points, or 0.7 percent, to 5,317.The bourses in Japan,...
June 22, 2010 5:44 PM
South Korea and Japan have agreed to extend their currency swap facility by an another three years. in an effort to help stabilise their local financial markets.The Bank of Korea said, the 3 billion dollar won-yen swap facility will help in stabilising the financial markets in the region by supplyin...
June 22, 2010 5:40 PM
Crude oil prices eased in Asian trade, today, after surging the day before as investors weighed the effects of China's announcement that it would allow a more flexible yuan currency. New York's main futures contract, light sweet crude for delivery in July dipped 42 cents, to 77.40 ...
June 22, 2010 4:38 PM
After yesterday's over 300 point rally, the Sensex at the Bombay Stock Exchange declined 127 points, or 0.7 per cent, to close at 17,750, on profit-booking, today. The Nifty at the National Stock Exchange fell 37 points, or 0.7 percent, to 5,317.
June 22, 2010 2:13 PM
After Monday's over 300 point rally, the Sensex at the Bombay Stock Exchange opened 90 points, or 0.5 per cent lower, at 17,786, on Tuesday, on profit-booking by investors, and amid weak Asian markets. Remaining subdued, the Sensex stood 61 points, or 0.3 percent in the red, at 17,816, a sh...
June 22, 2010 12:43 PM
Finance Minister Pranab Mukherjee has said that China's decision to make its currency the Yuan, more flexible will help the world economy. Speaking in Washington at an interactive session with Indian and American CEOs, Mr. Mukherjee hoped that China would address the problem in its proper p...
June 22, 2010 12:12 PM
India and Spain are set to raise trade and investment with each other. A Memorandum of Understanding will be agreed upon soon to meet these objectives. This was announced in the Joint Commission for Economic Cooperation held at Madrid on Monday.Minister for Commerce and Industry, Mr Anand Sharma who...
June 22, 2010 11:48 AM
The Chairman and CEO of Dow Chemicals Andrew Liveris will not attend the Indo-US CEO Business Forum meeting scheduled to be held in Washington on Tuesday. Dow spokesperson said, the CEO is not attending because of his prior engagement.A high-level Indian delegation led by Finance Minister Pranab Muk...
June 22, 2010 11:46 AM
Oil prices eased in Asian trade on Tuesday. New York's main futures contract, light sweet crude for delivery in July dipped 42 cents to 77.40 USD a barrel while London's Brent North Sea crude for August delivery was off 45 cents at 78.37 USD. China's weekend announcement t...
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