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January 18, 2010 8:10 PM
The International Monetary Fund head has warned that the global economy could experience another downturn - a so-called double dip recession. The Managing Director of IMF, Dominique Strauss-Kahn said countries should not exit from stimulus packages that have bolstered growth through huge amounts of ...
January 18, 2010 6:14 PM
Rebounding after a weak start, the Sensex at the Bombay Stock Exchange closed 87 points, or 0.5 percent higher, at 17,641, on Monday, with banks and PSUs leading the rally. The Nifty at the National Stock Exchange rose 23 points, or 0.4 percent, to 5,275. Stock markets in Japan, China, Hong Kong, Si...
January 18, 2010 10:45 AM
The rupee today eased marginally by two paise against the US dollar on Monday in line with other weak Asian currencies amid a weak domestic equity market. At the Interbank Foreign Exchange (Forex) market, the Indian rupee fell by two paise to trade lower at 45.80 a dollar. Forex dealers said dollar&...
January 18, 2010 10:26 AM
The Bombay Stock Exchange benchmark Sensex on Monday fell by almost 49 points in early trade on continued selling by funds and retail investors. The 30-share Sensex slipped by another 48.80 points to 17,505.50. The wide-based National Stock Exchange index Nifty also dipped by 23.25 points at 5,228.9...
January 16, 2010 1:25 PM
The Asian Development Bank has said India is poised for a strong recovery this year and urged policymakers to address rising inflation and widening fiscal deficit to insulate itself against future shocks. Noting that India has quickly regained growth momentum, the bank said the country has emerged f...
January 16, 2010 1:13 PM
The Empowered Group of Ministers on 3G is divided on the number of private players to be allowed as some members have demanded four players in each metro against the Telecom Department's suggestion of three operators.According to the minutes of the last meeting of the EGoM, few members felt...
January 16, 2010 1:11 PM
The Empowered Group of Ministers on 3G is divided on the number of private players to be allowed as some members have demanded four players in each metro against the Telecom Department's suggestion of three operators.According to the minutes of the last meeting of the EGoM, few members felt...
January 15, 2010 6:59 PM
The Sensex at the Bombay Stock Exchange closed 31 points, or 0.2 percent lower, at 17,554, after choppy trade, today. The Nifty at the National Stock Exchange lost 8 points, or 0.2 percent, to 5,252.Stock markets in Japan, China, Hong Kong, Singapore and South Korea ended mixed.
January 15, 2010 6:42 PM
The Asian Development Bank today said India is poised for a strong recovery this year and urged policymakers to address rising inflation and widening fiscal deficit to insulate itself against future shocks. Noting that India has quickly regained growth momentum, the bank said the country has emerged...
January 15, 2010 2:40 PM
The Bombay Stock Exchange benchmark Sensex on Friday gained 55 points to 17,640 in early trade. The wide-based National Stock Exchange index Nifty rose by 20 points at 5,280 points at the same time. The sensex was trading 11 points down a short while ago.The Dow Jones Industrial Average had gained 0...
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