Sensex gains 95 pts in opening trade

The Bombay Stock Exchange benchmark Sensex gained 95 points in opening trade on Wednesday. The sensex was trading at 17,532, up by 71 points when reports last came in. The gain is due to continued capital inflows by foreign funds amid a firming global market. The US Dow Jones Industrial Average ende...

Oil prises rises above 84 dollars in Asian trade

Oil prises rose above 84 dollars in Asian trade on Wednesday. New York's light sweet crude jumped 36 cents to 84.21 dollars a barrel while Brent North Sea crude rose 47 cents to 85.27dollars a barrrel.

Apple's profit jumps 90% on surge of iPhone, Mac sales

The American computer giant Apple has announced a strong sales of its iPhone and Macintosh computers helped profits to leap by 90 per cent in the first quarter of 2010. It made a net profit of 3.1 billion dollars while revenue rose 49 per cent to 13.5 billion dollars in the three months to 27 March....

RBI announces 0.25 percent hike in short term borrowing, lending rates & CRR

The RBI has hiked short-term lending and borrowing rates and the portion of money banks deposit with it by 25 basis points each.The repo rate i.e short term lending rate has been hiked to 5.25 percent while reverse repo rate i.e short time borrowing rate has been raised 3.75 percent.The Cash Reserve...

BSE Sensex gains 60 points, Nifty advances 26 points

Snapping a five-session losing streak, the Sensex at the Bombay Stock Exchange closed 60 points, or 0.3 percent higher, at 17,461, after the Reserve Bank affected only a modest hike in key policy rates. The Nifty at the National Stock Exchange advanced 26 points, or 0.5 percent, to 5,230.Stock marke...

RBI to Monitor Price situation closely: D Subba Rao

RBI Governer D Subba rao had said that the Reserve Bank will continue to monitor macroeconomic conditions, particularly the price situation, closely and take further action as warranted.While addressing a press conference, he also told that the policy view was taken on liquidity, growth and inflatio...

Sensex up 137 pts after RBI rate hike

The Bombay Stock Exchange benchmark Sensex recovered by over 94 points in opening trade on Tuesday. The sensex was trading at 17538, up by 137 points a short while ago. The National Stock Exchange's Nifty was up by 47 points to quote at 5251. Brokers said overnight gains in the US market an...

CRRI come up with 11 new high-yielding varieties of rice

The Central Rice Research Institute (CRRI) in Cuttack has come up with 11 new high-yielding varieties of rice recently. Out of these five are exclusively suitable for cultivation in Orissa. Remaining varieties are fit for cultivation in Bihar,Gujarat, Assam, Tamil Nadu, West Bengal and Andhra Prades...

Mukul Sangma to be sworn in as Meghalaya CM today

Oil prices rise to 84.75 dollars per barrel

Oil prices climbed in Asian trade on Tuesday. New York's light sweet crude was up 60 cents to 82.05 dollars a barrel while Brent North Sea crude rose 52 cents to 84.75dollars per barrel.