Business

February 16, 2010 10:59 AM

Rupee appreciates by 5 paise

The rupee today gained 5 paise against the dollar in early trade on capital inflows into the stock markets. At the Forex market, the rupee appreciated by 5 paise to 46.27 a dollar. The rupee, on Monday, ended higher by 18 paise at 46.33. Forex dealers said fresh capital inflows into equities by fore...

February 16, 2010 9:16 AM

Inflation highest in over 13 months

The government has said that inflation surged to 8.56 per cent in January, the highest in over 13 months. Over one-year high inflation was led by costlier sugar and potato prices. Sugar rates rose by 58.96 per cent while potatoes turned costlier 53.39 per cent. The high inflation has fuelled concern...

February 15, 2010 8:13 PM

Inflation highest in over 13 months at 8.56%

The government today said inflation surged to 8.56 per cent in January, the highest in over 13 months. Over one-year high inflation was led by costlier sugar and potato prices. Sugar rates rose by 58.96 per cent while potatoes turned costlier 53.39 per cent. The high inflation has fuelled concerns t...

February 15, 2010 5:41 PM

Inflation worries pull sensex down by 114 points

The Sensex at the Bombay Stock Exchange closed 114 points, or 0.7 per cent lower, at 16,038, today, amid rising inflation. The Nifty at the National Stock Exchange fell 25 points, or 0.5 percent, to 4,802. Asian markets in China, Hong Kong, Singapore and South Korea were closed today for the Lunar N...

February 15, 2010 5:30 PM

Inflation highest in over 13 months at 8.56 per cent

The government today said inflation surged to 8.56 per cent in January, the highest in over 13 months. Over one-year high inflation was led by costlier sugar and potato prices. Sugar rates rose by 58.96 per cent while potatoes turned costlier 53.39 per cent. The high inflation has fuelled concerns t...

February 15, 2010 2:19 PM

Rupee strengthen by 20 paise against dollar

The Indian rupee gained 20 paise to 46.30 per dollar in early trade today as banks and exporters sold dollars on hopes of capital inflow in view of therecovery in the equity market. At the Interbank Foreign Exchange (Forex) market, the domestic unit opened higher at 46.42/43 per dollar and firmed up...

February 15, 2010 2:12 PM

BSE Sensex down by 65 points

The Sensex at the Bombay Stock Exchange opened 74 points, or 0.5 per cent higher, at 16,227, today. But the Sensex later surrendered all its gains, and stood 65 points, or 0.4 per cent in the red, at 16,087, a short while ago.Stock markets in China, Hong Kong, Singapore and South Korea were closed t...

February 15, 2010 2:07 PM

Deora evolving a consensus on implementing Parikh Committee recommendations

The Petroleum Minister Mr. Murli Deora is busy in evolving a consensus on implementing Parikh Committee recommendations on freeing the oil prices from government control. Mr. Deora held consultations with UPA's partners on the issue. The petroleum ministry is also in favour of marginally in...

February 15, 2010 12:52 PM

BSE Sensex down by 92 points

The Bombay Stock Exchange benchmark Sensex was trading in red in the afternoon session. After an initial gain of over 74 points, the Sensex was trading at 16059 down by over 92 points. The wide-based National Stock Exchange index Nifty also rose by 18 points in the opening trade and later was tradin...

February 15, 2010 12:49 PM

Inflation rises to 8.56 per cent in January

Wholesale price-based inflation rose to 8.56 per cent in January. Overall inflation in December last year was 7.31 per cent. The rise in inflation was driven by increased prices of food items such as sugar, potatoes and pulses.Sugar prices rose by 58.96 per cent in January year-on-year while potatoe...

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