Business

March 27, 2010 11:49 AM

Euro strengthened against dollar

The euro has strengthened against the dollar and the pound after eurozone leaders agreed a financial aid package to help debt-laden Greece. The leaders agreed to provide 22 billion euros should Greece run into difficulties borrowing money to service its high debt levels. Yesterday, the euro rose by ...

March 26, 2010 6:03 PM

Sensex rises 86 points

The Sensex at the Bombay Stock Exchange rose 86 points, or 0.5 percent, to a two-month high of 17,645, today. The Nifty at the National Stock Exchange added 22 points, or 0.4 percent, to 5,282.Stock markets in Japan, China, Hong Kong, Singapore and South Korea rose between 0.5 percent and 1.5 percen...

March 26, 2010 2:46 PM

BSE Sensex rises by over 80 pts in opening trade

The Bombay Stock Exchange benchmark Sensex rose by over 80 points in the opening trade today on continued capital inflows by foreign funds. The Sensex was trading at 17641, up by over 82 points when reports last came in. The Hong Kong's Hang Seng index was up 0.20 per cent,while Japan&a...

March 26, 2010 11:13 AM

Rupee gains 5 paise against dollar

The Indian rupee today appreciated by 5 paise to 45.44 a dollar in early trade. The domestic currency had closed 11 paise higher at 45.49/50 in the previous session. Dealers said the rupee strengthened against the US currency largely in tandem with other firming currencies and dollar selling by bank...

March 26, 2010 11:08 AM

Oil price rises

Oil price rose today in Asian trade on bargain buying following recent losses stemming from a firmer US dollar. New York's light sweet crude climbed 23 cents to 80.76 dollars a barrel. London's Brent North Sea crude was up 21 cents to 79.82 dollars per barrel.

March 26, 2010 10:36 AM

BSE Sensex rises by over 80 points

The Bombay Stock Exchange benchmark Sensex rose by over 80 points in the opening trade today on continued capital inflows by foreign funds. The Sensex was trading at 17641, up by over 82 points when reports last came in. The Hong Kong's Hang Seng index was up 0.20 per cent,while Japan&a...

March 26, 2010 9:18 AM

TRAI releases consultation paper on fixing tariff for cable television

Telecom Regulatory Authority of India, TRAI, has released a consultation paper on fixing tariff for cable television services in the areas, which are not under conditional access system at present. The consultation paper has covered issues like wholesale tariff of channels from broadcasters to multi...

March 26, 2010 8:19 AM

RBI to take more steps to contain inflation

The Reserve Bank of India has said that it could take more steps in its annual review in April to contain inflation which is nearing the double digit mark. Briefing the media on the apex bank's Financial Stability Report, RBI Deputy Governor Shyamala Gopinath said that the immediate challen...

March 25, 2010 8:39 PM

Food inflation comes down marginally to 16.22%

Food inflation reduced marginally by 0.08 percent to 16.22 per cent for the week ended March 13. It was 16.30 per cent in the preceding week. The food inflation eased even though prices of certain items such as pulses and vegetables continued to rise. While moong and pork became dearer by 5 per cent...

March 25, 2010 8:38 PM

Food inflation comes down marginally to 16.22 per cent

Food inflation reduced marginally by 0.08 percent to 16.22 per cent for the week ended March 13. It was 16.30 per cent in the preceding week. The food inflation eased even though prices of certain items such as pulses and vegetables continued to rise. While moong and pork became dearer by 5 per cent...

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