Kamal Nath invites US companies to participate in India's road sector

The Minister for Road Transport and Highways Mr Kamal Nath has invited US construction and investment companies to participate in the road sector in India. Addressing at the Global Construction Summit 2010 at New York, he told the audience representing major construction and investment companies fro...

Reliance to invest $1.7bn in US project for gas extraction

Reliance Industries will invest 1.7 billion dollars in a project in the US for extracting gas from shale, a sedimentary rock, in joint venture with US based, Atlas Energy Inc. Atlas Energy said it has reached an agreement with Reliance for the project in Marcellus, which spans parts of Pennsylvania,...

Food Inflation rises to 17.7%

Higher prices of milk, fruits and pulses pushed food inflation to 17.70 per cent for the week ended March 27. This fuelled expectations that RBI may further tighten rates in its annual monetary policy on April 20.Food inflation in the previous week stood at 16.35 per cent.With prices of essential it...

Rupee up by 2 paise against dollar in early trade

The rupee appreciated by 2 paise to 44.43 a dollar in early trade today. The rupee had closed higher by 9 paise at 44.45 a dollar in the previous session.

Oil prices rebound in Asian trade

Oil prices rebounded in Asian trade today. New York's main contract, light sweet crude for delivery in May, rose 40 cents to 85.79 US Dollars a barrel. Brent North Sea crude for May was up 41 cents to 84.22 US Dollars.

Sensex rises 154 points in opening trade

The Bombay Stock Exchange benchmark Sensex opened over 154 points higher in opening trade today on global cues that led to buying in heavy-weight stocks, especially in the communications sector. The 30-share index, which had lost 255 points in the previous session, rose by 154 points or 0.82 per cen...

Sensex loses 256 points

Snapping a four-day rally, the Sensex at the Bombay Stock Exchange lost 256 points, or 1.4 percent, to 17,714, today, amid concerns about food inflation, and negative global cues. The Nifty at the National Stock Exchange shed 70 points, or 1.3 percent, to 5,304.Stock markets in Japan, China, Hong Ko...

5 OAPEC members dominate over 70% of energy investments in Arab world

Food Inflation rises to 17.7%

Higher prices of milk, fruits and pulses pushed food inflation to 17.70 per cent for the week ended March 27. This fuelled expectations that RBI may further tighten rates in its annual monetary policy on April 20. Food inflation in the previous week stood at 16.35 per cent. With prices of essential ...

Sensex snaps 4-day rally, lose 256 points

Snapping a four-day rally, the Sensex at the Bombay Stock Exchange lost 256 points, or 1.4 percent, to 17,714, today, amid concerns about food inflation, and negative global cues. The Nifty at the National Stock Exchange shed 70 points, or 1.3 percent, to 5,304.Stock markets in Japan, China, Hong Ko...