Business

June 17, 2010 8:28 PM

Food Inflation falls by 0.62 per cent

Annual food inflation fell by 0.62 percent to 16.12 per cent for the week ended June 5. The fall in food inflation is due to softening of prices of fruits and vegetables, and tea during the week. The annual rate of price rise of food items in the previous week was 16.74 per cent. Week-on-week, price...

June 17, 2010 8:22 PM

Food inflation falls to 16.12 pc

Annual food inflation fell by 0.62 percent to 16.12 per cent for the week ended June 5. The fall in food inflation is due to softening of prices of fruits and vegetables, and tea during the week. The annual rate of price rise of food items in the previous week was 16.74 per cent. Week-on-week, price...

June 17, 2010 7:45 PM

Botswana seek investment from Indian companies

Botswana today sought investment from Indian companies in sectors like infrastructure, mining, irrigation and jewellery. The visiting Botswana Vice-President M S Merafhe said in New Delhi that there is enough scope for bilateral collaboration in areas like irrigation, infrastructure and mining. Mr M...

June 17, 2010 5:14 PM

Sensex rises 154 points to 17617

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...

June 17, 2010 2:46 PM

High inflation is cause of worry for central bank, says RBI Dy Governor

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 1:39 PM

Sensex, Nifty trade flat in afternoon session

The Bombay Stock Exchange benchmark Sensex opened higher by 44 points in the opening trade. The sensex was trading at 17474, up by over 11 points when reports last came in. National Stock Exchange index Nifty was trading flat at 5231. Hong Kong's Hang Seng Index opened 0.67 per cent higher,...

June 17, 2010 1:04 PM

Food inflation falls to 16.12 pc

Annual food inflation fell by 0.62 percent to 16.12 per cent for the week ended June 5. The fall in food inflation is due to softening of prices of fruits and vegetables, and tea during the week. The annual rate of price rise of food items in the previous week was 16.74 per cent. Week-on-week, price...

June 17, 2010 1:03 PM

Sensex down by 47 points in afternoon trade

The Bombay Stock Exchange benchmark Sensex opened higher by 44 points in the opening trade. The sensex was trading at 17416, down by over 47 points when reports last came in. Similarly National Stock Exchange index Nifty lost over 20 points to quote at 5212. Hong Kong's Hang Seng Index open...

June 17, 2010 12:06 PM

Banks should not take excessive risks: Rangarajan?

Prime Minister's Economic Advisory Council Chairman C Rangarajan on Thursday said that banks should be discouraged from excessive risk taking to ensure a healthy financial system. Speaking at a seminar in Mumbai, Rangarajan said the regulatory regime should be re-structured to make the bank...

June 17, 2010 11:25 AM

Rupee falls by 8 paise against US dollar in early trade

The Indian rupee depreciated by 8 paise to 46.62 against the dollar in early trade. The rupee had closed flat at 46.54/55 against the dollar in the previous trading. Dealers said dollar's gains against euro and other major currencies in overseas market mainly influenced the trading sentimen...

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