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March 17, 2010 8:47 PM
Rising for the second straight day, the Sensex at the Bombay Stock Exchange closed 107 points, higher, at a fresh eight-week high of 17,490, today. The Nifty at the National Stock Exchange added 34 points, to 5,232.Stock markets in Japan, China, Hong Kong, Singapore, and South Korea rose between 1 p...
March 17, 2010 8:27 PM
Japan's central bank has increased a stimulus measure aimed at encouraging financial institutions to lend more. It has doubled to 20 trillion yen the amount of cheap short-term loans it is offering banks. The scheme, which lends money at a rate of 0.1 per cent, was introduced in December to...
March 17, 2010 6:24 PM
International Monetary Fund (IMF) expects the Indian economy to grow by 8 per cent during 2010-11.IMF said in its latest paper issued after consultation with Indian authorities that with India's long-term prospects remaining strong and private sector balance sheets sound, IMF expects growth...
March 17, 2010 6:10 PM
Rising for the second straight day, the Sensex at the Bombay Stock Exchange closed 107 points, higher, at a fresh eight-week high of 17,490, today. The Nifty at the National Stock Exchange added 34 points, to 5,232.Stock markets in Japan, China, Hong Kong, Singapore, and South Korea rose between 1 p...
March 17, 2010 6:03 PM
Members of the Organisation of Petroleum Exporting Countries have reportedly agreed to maintain the cartel's oil production ceiling. Ahead of an official announcement on output levels by the Organisation of Petroleum Exporting Countries, Saudi Oil Minister, Ali al-Nuaimi said the ministers ...
March 17, 2010 5:55 PM
Gold prices spurted 190 rupees, to 16,930 rupees per ten grams at Delhi's bullion market, today. Silver ready rose 350 rupees, to 27,400 rupees per kilo.Gold in the overseas markets rose 0.5 per cent, to 1,132.80 dollars an ounce. Gold rose as the dollar turned weak against a basket of majo...
March 17, 2010 5:54 PM
Crude oil prices rose above 82 dollars a barrel in Asia, today, after a report showed that US crude inventories grew less than expected last week.Benchmark crude for April delivery rose 38 cents, to 82.08 dollars a barrel on the New York Mercantile Exchange. The contract had gained 1.90 dollars, to ...
March 17, 2010 3:02 PM
Oil prices rose above 82 US Dollars a barrel today in Asia after a report showed US crude inventories grew less than expected last week. Benchmark crude for April delivery was up 38 cents to 82.08 US Dollars a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange....
March 17, 2010 2:31 PM
The Sensex at the Bombay Stock Exchange jumped 118 points, or 0.7 per cent, to 17,502, in opening trade, today, amid a rally in the global markets. Gaining further ground, the Sensex stood 151 points, or 0.9 percent in the green, at 17,534, a short while ago.Stock markets in Japan, China, Hong Kong,...
March 17, 2010 1:52 PM
India asks US to further streamline its rigid export controls saying that barriers continue to hamper transfer of high-technology.At the day-long seventh meeting of the US-India high-technology cooperation group in Washington, the Foreign Secretary Nirupama Rao identified the specific barriers which...
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