Food inflation down

Wholesale price-based inflation remained below the psychological two-digit scores inching up marginally to 9.9 per cent in March from 9.89 per cent in the previous month.The hike was on account of rising prices of sugar and pulses.Food inflation for the week ended April 3, however, slid to 17.22 per...

Oil prices gain in Asian trade

Oil prices extended gains in Asian trade today, boosted by improving demand and strong company earnings results in the United States. New York's main contract, light sweet crude rose 25 cents to 86.09 dollars a barrel. Brent North Sea crude was up 30 cents to 86.45 dollars. A strengthening ...

Food inflation falls

Food inflation falls to 17.22 per cent for the week ended April 3 from 17.70 in previous week.

Toyota suspends Lexus GX 460 sales after safety warning

Embattled Japanese automaker Toyota announced it was temporarily suspending sales of the 2010 Lexus GX 460 after a safety warning by a respected US consumer magazine.Consumer Reports gave the sports utility vehicle a rare "Don't Buy: Safety Risk" rating after conducting te...

Rupee appreciates against dollar

The rupee appreciated by 23 paise to 44.25 a dollar in early trade today. The domestic currency had closed 2 paise lower at 44.48 in the previous session on Tuesday. The market was closed on Wednesday on account of Ambedkar Jayanti.

BSE Sensex up by over 153 points

The Bombay Stock Exchange Sensex up by over 153 points in early trade today. The 30-share index which had lost over 111 points in the previous two trading sessions, rose to 17,975 points.The National Stock Exchange's Nifty moved up by 50 points, to touch 5,373 points.

The Asian Development Bank (ADB) today said India is poised for an economic growth of 8.2 per cent in 2010 although rising inflation would remain a concern. Noting that India's rebound from the global crisis is set to accelerate this year, the ADB said, it expected the stimulus measures tak...

India calls upon US companies to tap investment opportunities in infrastructure sector

The Asian Development Bank (ADB) today said India is poised for an economic growth of 8.2 per cent in 2010 although rising inflation would remain a concern. Noting that India's rebound from the global crisis is set to accelerate this year, the ADB said, it expected the stimulus measures tak...

Rupee down by 15 paise against dollar

The rupee dropped further by 15 paise to 44.61 a dollar in early trade today on capital outflows by foreign funds and the US currency's gain overseas. The rupee had closed lower by 18 paise at 44.46 a dollar in the previous session.