Business

February 8, 2010 12:45 PM

GDP may grow at 7.2% during FY 2009-10: Govt

The government on Monday estimated the economy to grow by 7.2 per cent in financial year 2009-10, against 6.7 per cent a year ago, despite contraction in farm production. The projected GDP figure for the current fiscal, as put out by the advanced estimates of the Central Statistical Organisation, is...

February 8, 2010 10:52 AM

Economy to grow by 7.5 pc in 2009-10

Prime Minister Manmohan Singh on Saturday said the economy is expected to register a growth rate of 7.5 percent in this financial year (2009-10), up from 6.7 percent a year ago."In the current financial year, the growth rate of economy is likely to be 7.5 percent," he said while ad...

February 8, 2010 10:52 AM

Rupee falls by 2 paise against US dollar

The rupee on Monday fell marginally by 2 paise against the US dollar in early trade on foreign fund outflows from the weak equity markets.At the Interbank Foreign Exchange (Forex) market, the rupee fell to 46.75 a dollar, extending its previous trading day's losses.Dealers said weakness in ...

February 8, 2010 10:17 AM

Rupee falls by 2 paise against US dollar in early trade

The rupee on Monday fell marginally by 2 paise against the US dollar in early trade on foreign fund outflows from the weak equity markets.At the Interbank Foreign Exchange (Forex) market, the rupee fell to 46.75 a dollar, extending its previous trading day's losses.Dealers said weakness in ...

February 8, 2010 9:41 AM

Sensex down 95 points in early trade

The Bombay Stock Exchange benchmark Sensex fell by over 95 points in early morning trade today on selling by funds in oil and gas, banking and IT sector stocks.The 30-share index, which had gained over 124 points in the previous trading session, declined by 95.25 points to 15,915.65 points in early ...

February 7, 2010 9:10 AM

Markets breathe easy on US cues, Sensex ends 125 pts higher

After two days of mayhem, the markets got a reprieve on Saturday on a special 90-minute session with the benchmark Sensex gaining 125 points on all-round buying driven by positive cues from the Wall Street overnight.The Bombay Stock Exchange benchmark Sensex resumed higher by 142 points and touched ...

February 7, 2010 9:05 AM

RBI Reference rate for US dollar and euro

The Reserve Bank of India Friday fixed the Reference rate for the US currency at Rs 46.56 per dollar and the single European unit at Rs 63.85 per euro from Rs 46.09 per dollar and Rs 63.96 per euro respectively, of Thursday.In a note issued in Mumbai by the apex bank, the exchange rates of Great Bri...

February 7, 2010 9:05 AM

Dubai's new oilfield to be operational in 2011

The newly discovered Al Jalila offshore oilfield is expected to begin full-scale commercial production of oil in 2011, giving a boost to Dubai's economy.The new oilfield, named after the daughter of Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Rule...

February 7, 2010 9:04 AM

Markets breathe easy on US cues, Sensex ends 125 pts higher

After two days of mayhem, the markets got a reprieve on Saturday on a special 90-minute session with the benchmark Sensex gaining 125 points on all-round buying driven by positive cues from the Wall Street overnight.The Bombay Stock Exchange benchmark Sensex resumed higher by 142 points and touched ...

February 7, 2010 9:04 AM

Economy to grow by 7.5 pc in 2009-10: PM

Prime Minister Manmohan Singh on Saturday said the economy is expected to register a growth rate of 7.5 percent in this financial year (2009-10), up from 6.7 percent a year ago."In the current financial year, the growth rate of economy is likely to be 7.5 percent," he said while ad...

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