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December 2, 2009 5:33 PM
The World Bank has proposed to increase its lending to India to about 7 billion dollars this fiscal. According to a Finance Ministry statement this is three times more than an average 2.3 billion dollar in the previous four years. World Bank President Robert Zoellick met Finance Minister Pranab Mukh...
December 2, 2009 3:28 PM
The Government on Wednesday filed its affidavit in the Supreme Court on the ongoing gas row between the Ambani brothers saying that the arrangement for public sector NTPC cannot be equated with any agreement between RIL and RNRL. The apex court had sought the response after Anil Ambani-led RNRL had ...
December 2, 2009 2:28 PM
Gold prices on Wednesday touched a new peak at 18,400 Rupees per ten gram in the national capital gaining Rupees 430 in the opening trade on heavy buying for the marriage season amid firming global cues. The precious metal, which normally moves in tandem with international trend, remained on an uptr...
December 2, 2009 1:38 PM
The Sensex at the Bombay Stock Exchange rose 131 points, or 0.8 per cent, to 17,330, in opening trade on Wednesday morning amid firm global cues. But the Sensex later surrendered all its initial gains and stood 27 points, or 0.2 per cent in the red, at 17,171, a short while ago. The Nifty at the Nat...
December 2, 2009 11:46 AM
Extending its gains for the third day in a row, the Bombay Stock Exchange benchmark index, Sensex, rose over 131 points in opening trade on Wednesday, with shares of auto sector leading the rally, on continued foreign capital inflows amid firm global cues. The 30-share BSE Sensex rose 131.41 points,...
December 2, 2009 11:13 AM
Continuing with its gaining streak for the third straight day, the rupee on Wednesday appreciated by 17 paise to touch one-week high at 46.14 against the US dollar in opening trade on hopes of continued capital inflows into equity market. Dollar's losses versus other Asian currencies also s...
December 1, 2009 9:25 PM
Rallying for the second straight day, the Sensex at the Bombay Stock Exchange surged 272 points, or 1.6 percent, to close above the 17,000 level, at 17,198, on better than expected domestic GDP growth, and positive global cues, today. The Nifty at the National Stock Exchange spurted 89 points, or 1....
December 1, 2009 7:32 PM
The Centre today approved 17 FDI proposals expected to bring in 4,551 crore rupees. According to an official release, the largest share is likely to be invested by a Russian government agency in telecom company Sistema Shyam. Under the arrangement, the Federal Agency for State Property Management of...
December 1, 2009 6:05 PM
Rallying for the second straight day, the Sensex at the Bombay Stock Exchange surged 272 points, or 1.6 percent, to close above the 17,000 level, at 17,198, on better than expected domestic GDP growth, and positive global cues, today. The Nifty at the National Stock Exchange spurted 89 points, or 1....
December 1, 2009 4:59 PM
The Bank of Japan has announced new measures to boost the economy after holding an emergency meeting. The bank said it will inject 114 billion dollars into the economy through buying up bonds and other assets. The Bank of Japan said the move will firmly support country's economic developmen...
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