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May 25, 2010 12:32 PM
The Indian rupee today weakened by half a percent to 47.21/22 against dollar in early trade. It closed at 46.98/99 yesterday . The weakening of rupee is due to outflow of more equity in the wake of diminishing global risk appetite. Traders said a weaker euro also weighed on the rupee.
May 25, 2010 10:27 AM
The Bombay Stock Exchange benchmark Sensex lost over 225 points in opening trade today.The sensex was trading at 16,229, down by over 240 points when reports last came in. Similarly, Nifty of national stocks exchange was down by over 74 points at 4869.Stock brokers said trading sentiment was dampene...
May 25, 2010 10:26 AM
The Bombay Stock Exchange benchmark Sensex lost over 225 points in opening trade today.The sensex was trading at 16,229, down by over 240 points when reports last came in. Similarly, Nifty of national stocks exchange was down by over 74 points at 4869.Stock brokers said trading sentiment was dampene...
May 25, 2010 8:20 AM
Petroleum Minister Murali Deora has said that the prices of petroleum products will be decided by the Empowered Group of Ministers which will meet in New Delhi on the 7th of next month. Talking to reporters in Chennai yesterday, he said if India continues to import crude oil at current rates, there ...
May 25, 2010 7:43 AM
The Prime Minister Dr. Manmohan Singh expressed confidence that the inflation will come down to 5 to 6 percent by the year end. Addressing the first national press conference of the second UPA government in New Delhi on Monday, he said the high rate of inflation is a cause of deep concern and the Ce...
May 24, 2010 9:17 PM
After surging 312 points during the session, due to a thaw in relations between the Ambani brothers, the Sensex at the Bombay Stock Exchange surrendered most of those gains, to close with a small gain of just 24 points, or 0.2 per cent, at 16,470, on fag-end profit-booking, today. The Nifty at the N...
May 24, 2010 9:04 PM
The Finance Secretary Ashok Chawla on Monday said that with a more-than-expected revenue coming in from the 3G auction, the Government is now in a better position to handle the fiscal deficit. Mr. Chawla said that he did not visualise any liquidity crunch in the system in the immediate future as 3G ...
May 24, 2010 8:40 PM
Petroleum Minister Mr. Murali Deora has said that the prices of petroleum products will be decided by the Empowered group of ministers which meets in New Delhi on the 7th June.Speaking to newsmen in Chennai, after a meeting of the parliamentary committee of the petroleum ministry, in Chennai on Mond...
May 24, 2010 6:53 PM
After surging 312 points during the session, due to a thaw in relations between the Ambani brothers, the Sensex at the Bombay Stock Exchange surrendered most of those gains, to close with a small gain of just 24 points, or 0.2 per cent, at 16,470, on fag-end profit-booking, today. The Nifty at the N...
May 24, 2010 6:08 PM
Gold rose 75 rupees, to 18,400 rupees per ten grams at Delhi's bullion market, on Monday, amid a firm global trend. Silver ready jumped 300 rupees, to 29,050 rupees per kilo. In the overseas markets, gold rose 12.80 dollars, to 1,189.90 dollars an ounce.
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