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March 22, 2010 10:07 AM
The Sensex fell by over 240 points, or 1.37 per cent, in the opening trade on Monday, snapping the four-session winning streak.The 30-share index, which gained nearly 412 points in the past four sessions, fell by 240 points to 17,337 points in the opening trade with all the sectoral indices trading ...
March 22, 2010 9:53 AM
Union Finance Minister Pranab Mukherjee will inaugurate International workshop on Financial Literacy in Bangalore on Monday. The two day workshop is organized by Reserve Bank of India and Organisation for Economic Cooperation and Development, OECD, as part of RBI's Platinum Jubilee celebrat...
March 22, 2010 9:39 AM
Union Finance Minister Pranab Mukherjee will inaugurate International workshop on Financial Literacy in Bangalore on Monday. The two day workshop is organized by Reserve Bank of India and Organisation for Economic Cooperation and Development, OECD, as part of RBI's Platinum Jubilee celebrat...
March 21, 2010 6:51 PM
The country's largest telco Bharti Airtel on Sunday said it has tied up USD 8.3 billion from a clutch of foreign banks and State Bank of India to fund the acquisition of Zain telecom's African assets. The company said in a statement today that Financing was oversubscribed, with maj...
March 20, 2010 9:07 PM
CNG prices goes up by 50 paise per kilogramme. It will cost 21.70 rupees per kilogramme in the capital from Saturday midnight. A statement of Indraprasthan Gas Ltd said, the fuel price has been raised by 50 to 23.50 rupees per kg in Noida and Greater Noida and 25.50 rupees in Ghaziabad.IGL Managing ...
March 20, 2010 8:01 PM
The State Bank of India has ruled out any immediate hike in its lending rate, despite RBI revising upwards the repo and reverse repo rates. SBI chairman OP Bhatt told reporters Mumbai today that the bank will wait for further signals from annual monetary policy to be announced in April.
March 20, 2010 3:03 PM
Indian Bank Chairman and Managing Director M. S. Sundara Rajan handed over Interim Dividend cheque of about 86 crore rupees to Finanace Minister Pranab Mukherjee in New Delhi. A function was organised by the Bank for the purpose where senior exceutives of the Bank were also present.
March 20, 2010 11:01 AM
US Internet giant Google will close its business in China next month and may announce its plans in the coming days, after rows over censorship and hacking. A Chinese daily quoting an official with an unidentified advertising agency as saying, Google would go through with its threatened withdrawal on...
March 20, 2010 8:54 AM
The pound has fallen sharply against the dollar and the euro. A Bank of England policymaker said the U.K could yet fall back into recession.The pound fell 2.4 cents against the dollar to 1.503 dollars. Against the euro, it fell 1 cent to 1.100 euros.The Bank's Monetary Policy Committee memb...
March 20, 2010 8:53 AM
The Reserve Bank has raised its key short-term lending and borrowing rates by 25 basis points each. The repo and reverse rate or short-term rates at which RBI lends and borrows from banks were hiked to 5 per cent and 3.5 per cent respectively and could make banks commercial lending dearer. The Reser...
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