Food inflation falls sharply

Food inflation fell sharply by over 100 basis points to 16.61 per cent for the week ended April 17 on lower prices of fruits and vegetables. In the previous week ending April 10, food inflation was at 17.65 per cent. Prices of masur, jowar, fruits and vegetables fell by 2 per cent each over the week...

Food inflation drops

Food inflation dropped to 16.61 per cent for the week ended April 17. Inflation had stood at 17.65 per cent in the previous week.

Rupee appreciates 8 paise against dollar

The Indian rupee appreciated by 8 paise against the dollar in early trade today. At the Forex market, the rupee strengthened by 8 paise to 44.56 a dollar. The domestic currency had closed 20 paise lower at 44.64 in the previous session.

BSE Sensex recovers by 99 points in opening trade

The Bombay Stock Exchange benchmark Sensex recovered by 99 points in the opening trade today. The 30-share index, which had lost over 310 points in the previous session, bounced back by 98.94 points or 0.56 per cent to 17,479 points in the first five minutes of trading. The wide-based National Stock...

The United States Senate is to debate a bill on reform of the country's financial system after Republican Senators agreed to drop their blocking tactics and discuss it openly. Republicans had blocked action on the bill for three consecutive days. The agreement came after Democrats threatene...

Asian stocks fall for a second straight day

Asian stocks fell for a second straight day, today, and the cost to insure against bonds losses rose after credit-rating downgrades of Greece and Portugal fueled concern about sovereign defaults. Concerns about Europe intensified when global rating agency Standard & Poor's yesterday...

Gold jumps Rs 200, Silver down by Rs 100

Gold jumped 200 rupees, to 17,190 rupees per ten grams at Delhi's bullion market, today. But silver ready declined 100 rupees, to 28,000 rupees per kilo. In the global markets, gold rose to a four-month high, as credit rating cuts in Europe increased demand for the metal as a safe investmen...

Sensex plunges 311 points

Falling in tandem with other global markets, the Sensex at the Bombay Stock Exchange plunged 311 points, or 1.8 percent, to 17,380, today, after credit-rating downgrades of Greece and Portugal fueled concern among investors, worldwide, about sovereign defaults. The Nifty at the National Stock Exchan...

BSE Sensex 150 pts down during afternoon trading

Trading in the red for the second day running, the Sensex at the Bombay Stock Exchange plunged 229 points, or 1.3 per cent, to 17,461, in early deals, today, on weak global cues. Recovering somewhat, the Sensex stood 150 points, or 0.9 per cent in the red, at 17,541, a short while ago.Stock markets ...

Oil prices slide to near 82 dollars a barrel

Oil prices slide to near 82 dollars a barrel today in Asia amid concerns over the global economy recovery. Benchmark crude was down 19 cents to 82.25 dollars a barrel. The contract lost 1.76 dollars to settle at 82.44 dollars a barrel on Tuesday.