Business

February 5, 2010 12:28 PM

Rupee depreciates by 26 paisa against Dollar

The rupee today lost 26 paise against the US currency in early trade. At the Forex market, the rupee fell by 26 paise to 46.51 a dollar. The local unit had closed lower by 28 paise at 46.25 a dollar in the previous session. Dealers said the domestic currency fell against dollar due to capital outflo...

February 5, 2010 12:28 PM

Asian stock market tumbles

Hong Kong shares were 2.9 per cent lower in early trade today, with the benchmark Hang Seng Index down 589 points at 19,751. Japanese share prices opened lower today, with the benchmark Nikkei-225 index falling 190 points, or 1.84 per cent, to 10,164 in the first minute of trading.

February 5, 2010 9:48 AM

Potatoes, pulses push inflation higher to 17.56%

Costlier potatoes and pulses pushed food inflation higher to 17.56 per for the week ended January 23. This is the second week in a row that food inflation has increased, after easing for three successive weeks. Food inflation had stood at 17.4 per cent in the week ended January 16. Food inflation ro...

February 4, 2010 6:30 PM

Govt. committee to eliminate child labour: Kharage

The Union Minister of Labour and Employment, Mr Mallikarjun Kharge has said, the government is making all out efforts to eliminate the child labour in the country. Presiding over the 90th Anniversary Celebrations of International Labour Organization (ILO) in New Delhi today, the Minister said, the N...

February 4, 2010 6:11 PM

Potatoes & pulses push inflation higher to 17.56%

Costlier potatoes and pulses pushed food inflation higher to 17.56 per for the week ended January 23. This is the second week in a row that food inflation has increased, after easing for three successive weeks.Food inflation had stood at 17.4 per cent in the week ended January 16. Food inflation ros...

February 4, 2010 6:04 PM

India received $1.5bn FDI during December 2009

India received 1.5 billion US Dollar foreign direct investments in December 2009, an increase of over 10 per cent over previous year. Foreign direct investment was 1.36 billion in December 2008.A Commerce ministry official said today in New Delhi, the overseas inflows, however, declined marginally t...

February 4, 2010 6:04 PM

B'desh seaports to be ready for Indian use soon

Bangladesh Prime Minister Sheikh Hasina has said that the country's two seaports would be ready to be used by neighbours, including India, after their infrastructural developments like new container terminals. Replying to a question at parliament Wednesday, Hasina said her ruling Awami Leag...

February 4, 2010 6:02 PM

Sensex slips 271 pts led by realty, metals

The Bombay Stock Exchange benchmark Sensex on Thursday slid 271 points on heavy selling by funds in blue-chips led by realty and metals amid weak global trend and rising inflation on the domestic front.The Sensex closed lower by 271.10 points at 16,224.95. It recorded the day's lowest level...

February 4, 2010 4:03 PM

Food inflation rises by 17.56 percent

Food inflation inched up to 17.56 per cent for the week ended January 23 on account of rising prices of potato and pulses. The wholesale price-based food inflation was 17.40 per cent in the previous week. Potato prices jumped by 44.91 per cent over the lastyear, while pulses became dearer by 44.43 p...

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