Business

January 15, 2010 2:13 PM

Oil falls below 80 dollar

Oil prices eased on Friday after briefly topping 80 US Dollars. New York's main futures contract, light sweet crude for delivery in February, dipped three cents to USD 79.62 per barrel, after earlier hitting a high of USD 80.36. London's Brent North Sea crude for February slipped 3...

January 15, 2010 10:54 AM

Sensex up 55 points in early trade

The Bombay Stock Exchange benchmark Sensex on Friday gained 55 points in early trade on fresh buying by funds ahead of the quarterly results of firms led by software major Tata Consultancy Services. The 30-share index rose by 55 points to 17,640 in the first five minutes of trade, continuing with it...

January 15, 2010 10:42 AM

Rupee falls by 4 paise in early trade

The rupee fell by four paise to 45.66 a dollar in early trade on Friday as the US currency strengthened against major global units. At the Interbank Foreign Exchange market, the domestic unit traded four paise lower at 45.66 a dollar. Losses in other global currencies against the dollar also weighed...

January 15, 2010 10:25 AM

Sensex up 55 points in early trade

The Bombay Stock Exchange benchmark Sensex on Friday gained 55 points in early trade on fresh buying by funds.The 30-share index rose by 54.98 points to 17,639.85 in the first five minutes of trade, continuing with its gains for the third straight day. On Thurday the index had closed 75 points up at...

January 15, 2010 9:49 AM

Inflation jumps to 7.3 per cent in December

The wholesale price-based inflation rate jumped to 7.31 per cent in December 2009, against the Reserve Bank's forecast of 6.5 per cent-level by this fiscal end, as food items like sugar, potatoes and pulses turned costlier.Overall inflation in November had stood at 4.78 per cent. However, f...

January 14, 2010 9:47 PM

Prices of petroleum products are not being revised: Govt.

Government says that the prices of petroleum products are not being revised in the near future. The Petroleum Minister Mr Murli Deora revealed this after a meeting with Finance Minister Mr Pranab Mukherje in New Delhi today. The meeting was held amidst speculation on hike in the prices of petroleum ...

January 14, 2010 9:23 PM

Sensex up by 75 points to close at 17,585

Gaining for the second straight session, the Sensex at the Bombay Stock Exchange rose 75 points, or 0.4 per cent, to close at 17,585, amid firm global markets, today. The Nifty at the National Stock Exchange added 26 points, or 0.5 percent, to 5,260. Stock markets in Japan, China, Singapore and Sout...

January 14, 2010 1:22 PM

Food inflation eases

Food inflation eased by nearly a percentage point, to 17.28 per cent for the week ended January 2. Food inflation had stood at 18.22 per cent in the previous week. However, the wholesale-price-index inflation rate jumped to 7.31 per cent for December 2009, from 4.78 per cent in the previous month.

January 14, 2010 12:12 PM

BSE Sensex up by 113 points in opening trade

The Bombay Stock Exchange benchmark Sensex today moved up by over 113 points in opening trade amid strong global cues. The Sensex was trading at 17582, up by 72 points when reports last came in. The wide-based National Stock Exchange index Nifty also gained 28 points to trade at 5,262. The US Dow Jo...

January 14, 2010 11:57 AM

Oil prices remain below 80 dollars a barrel

Oil prices rebounded in Asian trade today but remained below 80 dollars a barrel following signs of weakening energy demand in the United States. New York's main futures contract, light sweet crude rose 22 cents to 79.87 dollars per barrel. London's Brent North Sea crude gained 17 ...

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