Rupee appreciates by 8 paise

The rupee on Tuesday appreciated by 8 paise to hit a month's high of 46.22 against the dollar in early trade. Indian currency had ended 32 paise higher at 46.29/30 on Monday's trading. Dealers said the dollar's losses against other Asian currencies and increased capital in...

Oil price above 81 dollars a barrel

Oil price kicks off 2010 with a bang today by rising above 81 dollars a barrel. Traders said the surge in prices is due to expectations of higher energy demand in the northern hemisphere winter and cutting of oil supplies by Russia to Belarus.New York's light sweet crude rose as high as 81....

BSE Sensex up by 158 points

The Bombay Stock Exchange benchmark Sensex today gained over 170 points in opening trade on buying by foreign funds. The 30-share index was trading at 17,714, up by 158 points when reports last came in. Similarly, the wide-based National Stock Exchange index Nifty rose by over 48 points to 5,280. Br...

Biennial New Delhi Auto-Expo

The 10th Edition of biennial New Delhi Auto-Expo kicks off today in Pragati Maidan. AIR correspondent reports that the week- long event with 2100 confirmed participants from 30 countries and one lakh 20 thousand square meters venue, the expo is already among the biggest. The expo will be formally in...

10th Auto Expo to be unveiled on Tuesday

The 10th Auto Expo will open in New Delhi on Tuesday with over ten global launches and previews of small and green cars by the likes of Honda and Toyota. Society of Indian Automobile Manufacturers President Pawan Goenka told reporters that during the week-long event, billed as the world's b...

Food inflation to come down next month: MS Ahluwalia

The Planning Commission said on Monday that food inflation will come down next month from a more than a decade's high of around 20 per cent, as apprehensions about adverse effect of drought are easing. Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters in Delhi that i...

Sensex zooms to a 20-month high of 17,559

Beginning the new year on a promising note, the Sensex at the Bombay Stock Exchange gained 94 points, or 0.5 percent, to close at a 20-month high of 17,559, today. The Nifty at the National Stock Exchange rose 31 points, or 0.6 percent, to 5,232.Both the exchanges started off the first trading day i...

Sensex starts New Year on a promising note

Beginning the new year on a promising note, the Sensex at the Bombay Stock Exchange gained 94 points, or 0.5 percent, to close at a 20-month high of 17,559, today. The Nifty at the National Stock Exchange rose 31 points, or 0.6 percent, to 5,232.Both the exchanges started off the first trading day i...

Food inflation to ease in next month: Montek

The Planning Commission has said food inflation will come down next month from a decade's high of around 20 per cent. Speaking on the sidelines of a FICCI function in New Delhi on Monday, Planning Commission Deputy Chairman Montek Singh Ahluwalia said that with the fear of negative impact o...

Country's mineral production in value terms grew by 8.25 per cent to Rs 8,817 crore in October 2009. According to an official data released on Monday Coal sector's contribution remained the highest at Rs 3,379 crore followed by iron at Rs 1,650 crore and petroleum (crude) at Rs 1,5...