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June 18, 2010 2:38 PM
RBI Deputy Governor Subir Gokarn said that around 120 million young people are likely to join the country's working population, much higher than that of China, which will give an impetus to economic growth. He said, however, the country needs to put in place right kind of policy initiatives...
June 18, 2010 2:30 PM
Exports have gone up by over 35 percent in the first two months of the current fiscal as compared to the same period last year. Briefing media, the Commerce Secretary, Mr. Rahul Khullar said that the exports during April-May were to the tune of 33 billion US dollars against 24.4 billion US Dollars i...
June 18, 2010 2:13 PM
Growth in India's exports remained robust, as overseas shipments expanded by 35.1 per cent to 16.9 billion US dollars in May on the back of improving demand in western markets. Exports grew for the seventh month in a row since November 2009, after a 13-month trough due to recession in sever...
June 18, 2010 1:55 PM
Continuing to rise for the eighth straight session, the Sensex at the Bombay Stock Exchange gained 57 points, to 17,674, in early trade on Friday, on sustained buying interest by investors.But the Sensex later erased some of its gains, to stand a modest 22 points, or 0.1 percent in the green, at 17,...
June 18, 2010 1:20 PM
The top Industrial body of India says that India and Russia need stronger trade and economic ties. CII President Hari S Bhartia said this while speaking on a three-day India-Russia Business Dialogue session that started in Saint Petersburg on Thursday. Bhartia said the Indo-Russia bilateral trade la...
June 18, 2010 1:18 PM
Chairman and Managing Director of Reliance Industries, Mukesh Ambani, on Friday said his firm will supply natural gas to Anil Ambani Group's power plants as and when they are ready to receive the gas. Addressing company shareholders, Mukesh Ambani said that the supplies to Anil Dhirubhai Am...
June 18, 2010 10:53 AM
The rupee gained 9 paise to 46.21 a dollar in early trade at the Foreign Exchange market on Friday on increased capital inflows by foreign funds into equities. The rupee had closed higher by 24 paise at 46.31 against the dollar in on Thursday's trading. Dealers said fresh capital inflow int...
June 18, 2010 9:39 AM
Sensex continued to rise for the eighth day by adding over 57 points in early trade on sustained buying by funds, influenced by a firming global trend. The 30-share index, which had gained 153.82 points in the previous session, gathered another 57.49 points to 17,674.18 points. Similarly, wide-based...
June 17, 2010 8:34 PM
The RBI said that high inflation is a cause of worry for the central bank and it is willing to take policy actions as per the changing economic environment. Speaking to reporters in Mumbai, RBI Deputy Governor K C Chakrabarty said that if things change fast, there will be more measures depending upo...
June 17, 2010 8:28 PM
On the back of a rally in Reliance Industries and Larsen and Toubro, the Sensex today rose by 154 points to complete seven days of straight gains. The Sensex, which has gained 846 points in the last six trading sessions, advanced further by 154 points, or 0.88 per cent, to 17,617 points on sustained...
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