Japan's economy grew by a better than expected 1.1 per cent in the final quarter of last year. This is the equivalent of an annualised increase of 4.6 per cent. But despite the growth in October to December, the economy contracted by 5 per cent over the whole of 2009. The figures mean Japan...

BSE Sensex down by 99 points

The Bombay Stock Exchange benchmark Sensex today opened higher over 74 points. However it shed its initial gains and was trading at 16053 down by over 99 points. The wide-based National Stock Exchange index Nifty also rose by 18 points in the opening trade and later was trading flat at 4797, down by...

BSE Sensex down by 76 points

The Bombay Stock Exchange benchmark Sensex today opened higher over 74 points. However it shed its initial gains and was trading at 16075 down by 76 points. The wide-based National Stock Exchange index Nifty also rose by 18 points in the opening trade and later was trading flat at 4803, down by over...

Rupee strengthen by 11 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...

Rupee strengthen by 11 paise against dollar

The rupee appreciated against the dollar by 11 paise to 46.39 on the forex market in early trade today. At the Interbank Foreign Exchange (Forex) market, the rupee had ended lower by 2 paise at 46.50/51 on Thursday. Forex dealers said inflow of overseas funds following a rise in domestic equity mark...

Airtel enters into exclusive talks with Kuwait's Zain Telecom

The Indian telecom operator Bharti Airtel today said it has entered into exclusive talks with Kuwait's Zain Telecom for acquiring its African operations based on an enterprise value of 10.7 billion dollars. In a statement, Bharati said that this potential transaction does not include Zain&a...

Airtel enters into exclusive talks with Kuwait's Zain Telecom

The Indian telecom operator Bharti Airtel today said it has entered into exclusive talks with Kuwait's Zain Telecom for acquiring its African operations based on an enterprise value of 10.7 billion dollars. In a statement, Bharati said that this potential transaction does not include Zain&a...

BSE Sensex opens higher over 74 points

The Bombay Stock Exchange benchmark Sensex today opened higher over 74 points. The Sensex, however, shed its initial gains and was trading almost flat at 16141. The wide-based National Stock Exchange index Nifty alsorose by 18 points in the opening trade and later was trading flat at 4823 points.

Britain and India have launched a 10 million pound collaboration on solar energy solutions and new research and net working opportunities. The British Minister for Business, Innovation and Skills Pat McFadden and the Minister for Science and Technology Prithviraj Chavan announced the new collaborati...

G-20's global forum important to check tax evasion: Pranab

Pranab Mukherjee said the global forum set up by the G-20 is important to check tax evasion and that New Delhi is committed to it. "The work of the global forum is very important for fighting tax evasion and that is why we have worked so hard to ensure that the peer review process can start...