Business

June 3, 2010 1:28 PM

Food inflation rises to 16.55 %

Food inflation increased by 0.32 percentage point to 16.55 per cent for the week ended May 22 on account of high prices of pulses, fruits and vegetables. It was 16.23 per cent in the previous week. The rise was mainly due to a 7 per cent increase in fish marine prices, 5 per cent rise in prices of p...

June 3, 2010 1:28 PM

Food inflation rises to 16.55 per cent

Food inflation increased by 0.32 percentage point to 16.55 per cent for the week ended May 22 on account of high prices of pulses, fruits and vegetables. It was 16.23 per cent in the previous week. The rise was mainly due to a 7 per cent increase in fish marine prices, 5 per cent rise in prices of p...

June 3, 2010 1:26 PM

Sensex gains 17,000-points

The Bombay Stock Exchange benchmark Sensex regained the 17,000-point level at noon today on buying by funds in heavy-weight stocks on a firming global trend. The Sensex was trading at 17029, up by 289 points when reports last came in. The upsurge was led by stocks of Tata Motors, SterliteIndustries,...

June 3, 2010 10:44 AM

FM scraps UTN, announces new method for tax refunds

In a fresh move, the Finance Ministry said income tax payers will have to mention receipt number of tax deducted at source (TDS) forms in the returns to claim refunds, from this fiscal.Finance Ministry said in a statement that the Tax payers will have to mention this number along with his permanent ...

June 3, 2010 10:19 AM

Rupee climbs 39 paise against dollar

The Indian rupee appreciated by 39 paise to 46.59 a dollar in early trade today. The domestic currency had closed 18 paise higher at 46.98/99 in yesterday's session. Forex dealers said the rupee strengthened against the US currency largely because of increased capital inflows by foreign fun...

June 3, 2010 10:08 AM

Sensex up 247 points in opening trade

The Bombay Stock Exchange benchmarkSensex today surged by over 247 points in opening trade tracking firm global cues. The Sensex was trading at 16,957, up by over 215 points when reports last came in. Meanwhile, the US Dow Jones Industrial Average ended 2.25 per cent higher. In Asian Markets, Japan&...

June 3, 2010 10:07 AM

Sensex up 247 points in opening trade The Bombay Stock Exchange benchmark

Sensex today surged by over 247 points in opening trade tracking firm global cues. The Sensex was trading at 16,957, up by over 215 points when reports last came in. Meanwhile, the US Dow Jones Industrial Average ended 2.25 per cent higher. In Asian Markets, Japan's Nikkei gained 2.63 per c...

June 2, 2010 7:52 PM

Tatas open Nano plant in Gujrat

Tata Motors today opened its brand new plant at Sanand in Gujrat, to manufacture One lakh rupees car Nano. The new plant set up at a cost of 2,000 crore rupees was inaugurated by Gujarat Chief Minister Narendra Modi and Tata Group Chairman Ratan Tata, who seven years ago dreamt of making an affordab...

June 2, 2010 5:30 PM

Sensex ends up 170 points

The Sensex at the Bombay Stock Exchange closed 170 points, or 1 per cent higher, at 16,742, today, with telecom and auto stocks leading the gains. The Nifty at the National Stock Exchange rose 50 points, or 1 percent, to 5,020. Other Asian markets in Japan, China, Hong Kong, and Singapore ended mixe...

June 2, 2010 2:14 PM

Sensex trading in green

After Tuesday's big fall, the Sensex at the Bombay Stock Exchange gained 106 points, or 0.6 per cent, at 16,678, in opening trade, this morning. After paring some of its early gains, the Sensex still stood 77 points, or 0.5 per cent in the green at 16,650, a short while ago.Other Asian stoc...

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