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December 15, 2009 9:18 PM
Finance Minister Pranab Mukherjee today said the fiscal deficit would be within the estimated target of 6.8% of GDP.Replying to a discussion on the Appropriation Bill, 2009 in the Rajya Sabha today, the Minister said ,in the current scenario, with the trends in receipts and expenditure, along with a...
December 15, 2009 7:35 PM
After 13 month of continues decline , the export sector has finally turned around registering a growth of 18 per cent in the Month of November. The exports during last month were to the tune of 13.2 billion US dollar . Commerce Secretary Rahul Khullar told reporters in New Delhi today that gems and ...
December 15, 2009 7:35 PM
The Indian markets suffered huge losses today on the back of flat global markets. The benchmark index at the Bombay Stock Exchange closed at 16,877.16, registering a loss of 220.39 points. Although, the BSE gained about 103 points in early morning trade due to the heavy foreign capital inflows; the ...
December 15, 2009 2:41 PM
Sensex was trading in red in the afternoon trade on Tuesday. Sensex which rose by 103 points in early trade was trading 112 points down at 16,983 at 1400 hrs. The wide-based National Stock Exchange index Nifty which moved up 22.70 points in morning trade was 49.15 points down at 5056.
December 15, 2009 1:16 PM
Inflation jumped to 4.78 per cent in November driven by rising prices of essential food items like pulses, fruits and vegitables.According to the monthly data released yesterday,the inflation has shot up from 1.34 per cent in the previous month to 4.78 per cent in November, registering a more than t...
December 15, 2009 1:08 PM
Dubai has set up a tribunal to settle all financial disputes between Dubai World and its creditors. Dubai World is seeking to restructure around 26 billion US dollars of debt. A statement issued by the emirate ruler, Sheikh Mohammed bin Rashid Al Maktoum said that the tribunal will hear and decide a...
December 15, 2009 10:50 AM
The Bombay Stock Exchange benchmark Sensex has gained about 103 points in early trade on heavy foreign capital inflows. The 30-share index Sensex rose by 0.61 per cent, to 17,200.47 points with stocks of metals, realty and auto sectors leading the recovery. The BSE barometer had ended 21.48 points d...
December 15, 2009 10:19 AM
The rupee appreciated by 12 paise against the US currency in early trade on Tuesday, after remaining weak for two days.At the Interbank Foreign Exchange (Forex) market, the Indian rupee strengthened to 46.60 a dollar. Forex dealers said dollar's losses against other major units and dollar s...
December 14, 2009 7:13 PM
The Sensex at the Bombay Stock Exchange ended the day with a moderate loss of 21 points, or 0.1 percent at 17,098, amid rising inflation. The broad-based NSE Nifty fell 12 points, or 0.2 percent to close at 5,106.BSE Midcap index fell 0.6 percent, and Smallcap index was down 0.4 percent.
December 14, 2009 6:17 PM
Finance Minister Mr Pranab Mukherjee attributed the 4.78 per cent spurt in inflation in November to rising prices of food articles. Mr Mukherjee told reporters in New Delhi that inflation has risen high mainly because the food article prices have gone up.The inflation, according to the monthly data ...
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