Business

March 19, 2010 6:03 PM

Sensex rises to 59 points

Extending its gains for the fourth straight session, the Sensex at the Bombay Stock Exchange rose 59 points, to close at 17,578, today, on continued buying interest, after global rating agency, Standard and Poor's upgraded the country's outlook from negative to stable. The Nifty at...

March 19, 2010 2:39 PM

Sensex jumps 45 points

The Sensex at the Bombay Stock Exchange opened 45 points higher, at 17,564, today. After giving up most of its initial gains, the Sensex stood 9 points in the green, at 17,528, a short while ago.Stock markets in Japan, Indonesia, South Korea, Singapore China and Taiwan were all modestly higher.

March 19, 2010 2:32 PM

Center approves investment in Venezuela oil project

The cabinet has approved Indian Oil Corporation and Oil India Ltd's proposal to invest 2.18 billion US dollar by 2015 in a Venezuela oil project. Speaking to reporters in New Delhi, Home Minister Mr P. Chidambaram said this.He also informed the cabinet has approved award of 33 oil and gas b...

March 19, 2010 1:48 PM

India in consultation with Tehran over pricing and security on IPI gas project

Following a deal between Iran and Pakistan for the construction of natural gas pipeline, New Delhi says it is in consultation with Teheran to address concerns about pricing and security pertaining to the pact which originally involved India. External Affairs Minister S M Krishna disclosed this in Ne...

March 19, 2010 11:41 AM

Oil prices dip in Asian Market

Oil fell further in Asian trade Friday as a strong US dollar dampened investor appetite for crude futures. New York's main contract, light sweet crude for April delivery, fell 29 cents to 81.91 USD a barrel. Brent North Sea crude for May delivery eased 26 cents to 81.22 USD.

March 19, 2010 10:56 AM

Rupee falls by two Paise against Dollar

The Indian rupee depreciated by two paise to 45.46 in early trade today as dollar strengthened overseas. The rupee ended lower by 10 paise at 45.44 dollar in the previous session. Forex dealers said besides strong dollar overseas, demand from importers for the US currency also weighed on the rupee s...

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