Business

February 18, 2010 7:20 PM

50 killed, 100 others injured in Pak bomb attack

At least 50 people have been killed and over 100 others injured in a bomb attack in a crowded market selling hashish in north-western Pakistan. The blast occurred in the Khyber tribal region, close to the Afghan border, in an area where the Taliban is known to have a strong presence. Witnesses said ...

February 18, 2010 7:18 PM

Weak metal, declining earnings pull down Asian stocks

Asian stocks fell from two-week highs, today, after companies reported declining earnings and as lower metal prices dragged down mining companies. So Japan's Nikkei Stock Average edged up 0.3 percent, to its highest close in two weeks. But Hong Kong's Hang Seng Index fell 0.5 perce...

February 18, 2010 7:17 PM

Crude oil slips below US$ 77 as dollar strengthens

Crude oil fell below 77 dollars a barrel in Asian trade, today, after recent sharp gains as demand concerns and a stronger dollar weighed on the market.New York's main futures contract, light sweet crude for delivery in March fell 43 cents, to 76.90 dollars a barrel. Brent North Sea crude f...

February 18, 2010 7:17 PM

Gold loses Rs 80, Silver plunges to Rs 25050

Gold fell 80 rupees, to 16,800 rupees per ten grams in the Delhi's bullion market, today. Silver ready tumbled 500 rupees, to 25,050 rupees per kilo. In the Asian region, gold dropped 0.4 per cent, to 1,102.85 dollars an ounce, after the IMF said it will soon sell the precious metal from it...

February 18, 2010 7:16 PM

Sensex snaps two days gain, dips 101 points on profit booking

Snapping two days of gains, the Sensex at the Bombay Stock Exchange fell 101 points, or 0.6 per cent, to 16,328, on profit-booking, today. The Nifty at the National Stock Exchange declined 26 points, or 0.5 per cent, to 4,888. Stock markets in Hong Kong, South Korea and Singapore fell between 0.5 pe...

February 18, 2010 2:23 PM

Food inflation rises marginally to 17.97 pc

Food inflation rose marginally to 17.97 per cent for the week ended February 6 on account of rising prices of potatoes and onions. The wholesale price-based food inflation rose for the fourth consecutive week. In the previous week it stood at 17.94 per cent. Potato prices were up 57.67 per cent from...

February 18, 2010 2:21 PM

Food inflation rises to 17.97 pc for the week ended

Food inflation rose marginally to 17.97 per cent for the week ended February 6 on account of rising prices of potatoes and onions. The wholesale price-based food inflation rose for the fourth consecutive week. In the previous week it stood at 17.94 per cent. Potato prices were up 57.67 per cent from...

February 18, 2010 2:18 PM

CCEA approves 800 crore rupees as equity infusion in Air India

Government today approved a proposal on strengthening an upgradation of state government Medical Colleges for starting new post graduate disciplines and increasing the seats at Post graduate level by central funding in the 11th Plan Period. According to an official press release the CCEA decision wi...

February 18, 2010 2:17 PM

CCEA approves 800 crore rupees as equity infusion in Air India

Government today approved a proposal on strengthening an upgradation of state government Medical Colleges for starting new post graduate disciplines and increasing the seats at Post graduate level by central funding in the 11th Plan Period. According to an official press release the CCEA decision wi...

February 18, 2010 2:14 PM

Sensex down 73 points in early trade

The Sensex at the Bombay Stock Exchange fell 73 points, or 0.4 percent, to 16,356, on profit-booking, in early trade, today. Remaining weak, the Sensex stood 103 points, or 0.6 percent in the red, at 16,326, a short while ago. Stock markets in Hong Kong, Singapore, Indonesia, and South Korea were al...

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