Business

May 30, 2010 7:49 PM

Future trading of carbon credits introduced

Futue trading of Carbon credits has been introduced for clean development mechanism. The National Commodity and Derivatives Exchange Ltd, NCDEX, and Multi Commodity Exchange of India Ltd., MCX, have introduced this mechanism.The Centre has extended capacity building activities in certain States for ...

May 30, 2010 6:41 PM

India seeks greater market access for its commodities in China

India has sought more market access for its commodities in China. Pharmaceuticals, engineering goods, IT and IT enabled services and agricultural products are the key areas identified for Indian exports to China.The issue was prominently discussed during the talks between the President Mrs. Pratibha...

May 28, 2010 6:45 PM

Sensex surges 197 points

Extending its winning streak for the third straight session, the Sensex surged 197 points to 16,863, amid firm global markets, today. The Nifty at the National Stock Exchange rose 63 points, or 1.3 percent, to 5,066.Other Asian bourses in Japan, Hong Kong, Singapore, and SouthKorea rose between 1 pe...

May 28, 2010 4:11 PM

Sensex gains 197 pts, trading below 17k

Sensex gained 197 points to close at 16,863. Extending its winning streak for the third straight session, it surged 205 points in opening trade. National Stock Exchange NIFTY was also up by 63 and closed 50, 66 points.

May 28, 2010 2:49 PM

Sensex gains 125 pts in afternoon trade

Extending its winning streak for the third straight session, the Sensex at the Bombay Stock Exchange surged 205 points, or 1.2 per cent, to 16,871, in opening trade, on Friday. After paring some of its early gains, the Sensex stood 125 points, or 0.8 percent in the green, at 16,792, a short while ag...

May 28, 2010 1:36 PM

Sensex loses early gains

Extending its winning streak for the third straight session, the Sensex at the Bombay Stock Exchange surged 205 points, or 1.2 per cent, to 16,871, in opening trade, on Friday. After paring some of its early gains, the Sensex stood 125 points, or 0.8 percent in the green, at 16,792, a short while ag...

May 28, 2010 1:02 PM

Food inflation declines to 16.23 per cent

Food inflation declined by 0.26 percentage point to 16.23 per cent for the week ended May 15 on account of a fall in prices of masur, fruits and vegetables. Inflation was 16.49 per cent in the previous week. The fall was mainly owing to a 4 per cent slide in masur prices, 2 per cent fall in prices o...

May 28, 2010 1:01 PM

SC okays UP sugar mills divestment

The Supreme Court on Friday gave the go-ahead to disinvestment in 11 sugar mills owned by the Uttar Pradesh government. A bench of the apex court said in its order that that the Uttar Pradesh government can go ahead with the bidding process as per schedule on 3 of next month but the outcome would be...

May 28, 2010 10:08 AM

Rupee appreciates by 57 paise against US dollar

The Indian rupee appreciated sharply by 57 paise to 46.72 a dollar in early trade at the Interbank Foreign Exchange on Friday. The domestic currency had closed 41 paise higher at 47.29/30 to the dollar in the previous session. Forex dealers said the rupee strengthened against the US currency largely...

May 28, 2010 10:08 AM

Sensex gains over 204 points in early trade

The Bombay Stock Exchange benchmark Sensex on Friday gained over 204 points in opening trade. The sensex was trading at 16844, up by over 178 points when reports last came in. Similarly, the wide-based National Stock Exchange index Nifty alsorose by 50 points to 5,053 points. Stockbrokers said the t...

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