Business

March 5, 2010 7:52 PM

Sensex ends below 17K

Erasing most of its early gains, the Sensex at the Bombay Stock Exchange ended a modest 23 points, or 0.1 percent higher, at 16,994, today. The Nifty at the National Stock Exchange rose 8 points, or 0.2 percent, to 5,089.Stock markets in Japan, China, Hong Kong, South Korea and Singapore gained betw...

March 5, 2010 7:49 PM

Crude oil prices bounces back in Asia

Crude oil prices bounced back in Asian trade, today, on bargain buying, ahead of a key US government jobs report. New York's main contract, light sweet crude for delivery in April gained 39 cents, to 80.60 dollars a barrel. London's Brent North Sea crude for April rose 48 cents, to...

March 5, 2010 7:21 PM

Gold prices down by 15 rupees

Gold slipped 15 rupees, to 17,185 rupees per ten grams at Delhi's bullion market, today. Silver ready declined 100 rupees, to 27,000 rupees per kilo. Gold in the Asian region advanced 0.2 per cent, to 1,134.05 dollars an ounce.

March 5, 2010 3:18 PM

PM confident of 8% economic growth in next fiscal

Replying to the debate on the motion of Thanks to the President's address in Lok Sabha, The Prime Minister Dr Manmohan Singh, the way India dealt with the impact of the global economic crisis and failure of the South-West monsoon was praise worthy. He said, India expects to achieve 8 per ce...

March 5, 2010 2:50 PM

Sensex loses early gains

The Sensex at the Bombay Stock Exchange opened 124 points, or 0.7 percent higher, at 17,096, this morning. But after surrendering most of its early gains, the Sensex stood just 9 points, or 0.1 percent in the green, at 16,981, a short while ago.Stock markets in Japan, Hong Kong, South Korea, Singapo...

March 5, 2010 2:04 PM

PM confident of 8% economic growth in next fiscal

The Prime Minister Dr Manmohan Singh said, India expects to achieve 8 per cent growth in next fiscal and to 9 per cent thereafter. He said, this year the country hopes to achieve 7.2 to 7.5 per cent economic growth. Replying to the debate on the motion of Thanks to the President's address i...

March 5, 2010 1:57 PM

PM confident of 9% economic growth

Prime Minister Dr. Manmohan Singh expressed confidence the India will grow at the rate of 9 per cent in the next fiscal. Replying to the debate on the motion of Thanks to the President's address in Lok Sabha, he said there is no need to panic about the food security situation and government...

March 5, 2010 10:24 AM

Rupee gains 4 paise against dollar

The rupee gained 4 paise against the dollar in the early trade today in line with other firming Asian currencies amid continued capital inflows by foreign funds into equity markets. At the Forex market, the rupee appreciated by 4 paise to trade at 45.77 a dollar.

March 5, 2010 10:24 AM

Sensex up 124 points

The Sensex today opened over 124 points up while the wide-based Nifty regained the 5,100-points mark on heavy buying, particularly in blue-chip stocks. The Sensex, which had ended lower by 28 points yesterday, gained 124 points or 0.73 per cent to 17,096 points. The National Stock Exchange index Nif...

March 5, 2010 9:04 AM

Home, Auto loans to become dearer as major Private Banks hike interest rates

In a clear signal that interest rates will harden in the coming days, the country's two leading private lenders, ICICI Bank, and HDFC Bank, have raised lending rates for auto loans.ICICI Bank said it has hiked auto loan rates by 0.25 to 0.5 per cent, depending on the segment and tenor, with...

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