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February 4, 2010 2:35 PM
The Sensex at the Bombay stock exchange that lost over 100 points in early trade was trading over 200 points down at 16292 a short while ago.Similarly the National stock Exchange index NIFTY was index trading 63 points down at 4869.
February 4, 2010 2:21 PM
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...
February 4, 2010 2:06 PM
The Kirit Parikh committee has recommended decontrolling of petrol and diesel prices. The panel has also favoured a hike of 100 rupees for domestic LPG cylinder and increase of 6 rupees a liter for Kerosene. Speaking to media after submitting the report to Petroleum Minister, Murli Deora in New Delh...
February 4, 2010 12:51 PM
The Supreme Court today granted bail to PriceWaterhouseCoopers auditor Srinivas Talluri who was arrested in Satyam fraud case for allegedly conniving with its founder B Ramalinga Raju and other aides. A bench headed by Chief Justice K G Balakrishnan directed Talluri to furnish a personal bond of 20 ...
February 4, 2010 11:12 AM
The rupee Thursday depreciated by 8 paise against the US currency in early trade in line with weak stock markets. At the Foreign exchange market, the rupee lost 8 paise to 46.05 a dollar. The domestic unit had closed higher by 25 paise at 45.98 yesterday. Dealers said weakness in stock markets and s...
February 3, 2010 8:54 PM
Rice procurement in the present marketing season has crossed the 20 million tonne mark. According to an official release, this is only 3 per cent lower than the last year's procurement as on date, despite severe drought in the khariff season this year. The highest procurement to the tune of...
February 3, 2010 8:27 PM
The government is likely to approve an additional equity infusion of Rs. 800 crore into the cash-strapped Air India next week. Civil Aviation Minister Mr Praful Patel said these are testing times for the aviation industry both internationally and domestically and extraordinary measures need to be ta...
February 3, 2010 8:21 PM
The Union Labour Minister Mallikarjuna Kharge has informed in Bangalore today that Industrial Dispute Act will be amended in the forthcoming Budget Session to enable workers to have a say in the closure of any Industry. Kharge pointed out that employers took unilateral decision to close the Industry...
February 3, 2010 8:17 PM
The Sensex at the Bombay Stock Exchange surged 333 points, or 2.1 percent, to 16,496, amid firm global markets today. The Nifty at the National Stock Exchange spurted 102 points, or 2.1 percent, to 4,932.Stock markets in Japan, China, Hong Kong, Singapore and South Korea rose between 0.3 percent and...
February 3, 2010 4:54 PM
Government today said that it will decide about rolling back stimulus packages only after release of Economic growth numbers by May. Talking to reporters in New Delhi, The secretary, Ministry of Statistics and programme implementation, Mr. Pranav Sen said that these numbers will provide actual pictu...
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