Gold surges to near record level of 18,340 rupees

Gold surged 325 rupees, to a near record level of 18,340 rupees per ten grams at Delhi's bullion market , today. Silver ready spurted 1,100 rupees, to 29,900 rupees per kilo. In the overseas market, gold touched a new record high of 1,235.30 dollars an ounce.

Industrial output maintains double digit growth for 6th consecutive month

Industrial output maintained its double digit growth for the sixth consecutive month at 13.5 per cent in March. However, it was lower than expected.According to the Index of Industrial Production (IIP) figures released by the government today in New Delhi, industry grew by 10.4 per cent, up from 2.8...

Dhaka stock exchange witness record sigle day turnover

HSIIDC signs MoU with Manitoba Food Development Centre

Food inflation to come down rapidly, says Pranab

Finance Minister Pranab Mukherjee today said that retail price inflation would come down rapidly in the coming months as the price of the food items is now declining. Addressing a meeting of industry chamber CII ,he said,the government has taken a host of initiatives to deal with rising prices. Mr M...

Gold shoots up to near record at Rs 18340 per 10 gm

Gold surged 325 rupees, to a near record level of 18,340 rupees per ten grams at Delhi's bullion market , today. Silver ready spurted 1,100 rupees, to 29,900 rupees per kilo. In the overseas market, gold touched a new record high of 1,235.30 dollars an ounce.

Sensex closes with modest gain

The Sensex at the Bombay Stock Exchange closed with a modest gain of 54 points, or 0.3 per cent, at 17,196, after choppy trade, today. The Nifty at the National Stock Exchange added 21 points, or 0.4 percent, to 5,157. Other Asian bourses in Japan, Hong Kong, China, South Korea and Singapore ended m...

Food inflation to come down rapidly, says Pranab

Finance Minister Pranab Mukherjee today said that retail price inflation would come down rapidly in the coming months as the price of the food items is now declining. Addressing a meeting of industry chamber CII ,he said,the government has taken a host of initiatives to deal with rising prices. Mr M...

Anil Ambani meets Prime Minister

Industrialist Anil Ambani today called on Prime Minister Dr Manmohan Singh. The meeting comes within days of the Supreme Court rejecting his Group firm RNRL's plea for cheap gas from Reliance Industries as had been decided in a private family agreement of 2005.Mr Ambani did not take questio...

Govt. will undertake a sectorial review to tame falling Index for Industrial Production

Commerce and Industry Minister, Mr. Anand Sharma today said that the government will undertake a sectorial review to tame the falling Index for Industrial Production. Speaking at a CII function in New Delhi, he stressed upon the need for market diversification for Indian exports to cope up with the ...