Business

February 1, 2010 8:33 PM

CBI arrests SEBI Asstt. GM for accepting bribery

CBI has arrested an Assistant General Manager of market regulator SEBI for allegedly demanding and accepting a bribe of 25 lakh rupees. Official sources said R P Singh, an AGM of the Securities and Exchange Board of India in Kolkata, was arrested by CBI's anti-corruption wing on Sunday even...

February 1, 2010 7:02 PM

Russian economy shrank by 7.9% in 2009 as comparaed to 2008

The Russian economy shrank 7.9 per cent in 2009 compared with 2008. The Federal Statistics Service said this was less bad than the government's 8.5 per cent forecast, but it was still the biggest annual fall in 15 years. The oil exports that previously underpinned Russia's growth h...

February 1, 2010 6:09 PM

Sensex recovers loses just 2 pts at close

The Sensex at the Bombay Stock Exchange ended with a nominal loss of 2 points, at 16,356, after volatile trade, today. The Sensex had gained 64 points at the day's high, and shed 197 points at the day's low. But the Nifty at the National Stock Exchange advanced 18 points, or 0.4 pe...

February 1, 2010 6:02 PM

Senses recovers loses just 2 pts at close

The Sensex at the Bombay Stock Exchange ended with a nominal loss of 2 points, at 16,356, after volatile trade, today. The Sensex had gained 64 points at the day's high, and shed 197 points at the day's low. But the Nifty at the National Stock Exchange advanced 18 points, or 0.4 pe...

February 1, 2010 6:00 PM

Export growth positive for consecutive 2nd month; Dec. exports grew by 9.3%

Recording positive growth for the second month in a row, the exports grew by 9.3 per cent in December 2009 suggesting that the country's trade is coming out of the economic blues. Imports, too turned positive after recording long 11 months of negative growth, registering an impressive growt...

February 1, 2010 5:55 PM

Govt trying its best to ensure no hike in oil prices: Deora

The Petroleum Minister Murli Deora has said the government is trying its best to ensure that the oil prices are not raised. While speaking to reporters in New Delhi on Monday, Mr Deora said that he is meeting the Finance minister on Tuesday to discuss the issue of under recoveries of oil marketing c...

February 1, 2010 2:22 PM

Govt trying its best to ensure no hike in oil prices: Deora

The Petroleum Minister Murli Deora has said the government is trying its best to ensure that the oil prices are not raised. While speaking to reporters in New Delhi on Monday, Mr Deora said that he is meeting the Finance minister on Tuesday to discuss the issue of under recoveries of oil marketing c...

February 1, 2010 1:41 PM

Sensex recovers in noon trade

The markets were choppy on Tuesday with the Bombay Stock Exchange benchmark Sensex falling by over 175 points, in early trade on fresh spell of selling by funds.Sensex later recovered some points and was trading 19.30 points down at 16338.66 when news last came in.The wide-based National Stock Excha...

February 1, 2010 1:40 PM

India's export grows 9.3 pc in dollar terms

India's exports during December, 2009 stood at 14,606 million US dollars, recording a growth of 9.3 per cent in dollar terms over the exports in December, 2008.Cummulative value of exports for the period April- December, 2009 however registered a negative growth of 20.3 per cent over the sa...

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