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November 26, 2009 5:30 PM
The West Bengal government today said it would start the process of getting back the land from the Tatas in Singur if BHEL selects the site for setting up a mega power plant there. Industry Minister Nirupam Sen told reporters on the sidelines of a function in Kolkata that there will not be any probl...
November 26, 2009 5:21 PM
Sensex today sharply declined by 344 points on heavy selling by funds on expiry of current month contracts in the derivatives segment amid weak global cues. The 30-share index plunged by 344 points to close at 16,855 points, recording the biggest fall after 3rd November.The wide-based National Stock...
November 26, 2009 2:28 PM
The rupee today depreciated by 8 paise to 46.28 against the US currency in early trade on expectations of capital outflows by foreign funds. At the Interbank Foreign Exchange (Forex) market, the domestic unit traded 8 paise down at 46.28 a dollar. The rupee ended 17 paise higher at 46.20 against the...
November 26, 2009 2:17 PM
Food inflation rose to 15.58 per cent for the second week of November from 14.55 per cent in the previous week as potatoes and pulses turned costlier.On an annual basis, potato prices more than doubled, pulses became expensive by over 35 per cent, while onions rose by 27 per cent.Price rise was sign...
November 26, 2009 2:16 PM
The Sensex at the Bombay Stock Exchange fell 58 points, to 17,141, in early trade, today, ahead of the expiry of the derivatives contracts for November, and amid weak Asian markets. Falling further, the Sensex stood 110 points, or 0.6 percent in the red, at 17,089, a short while ago. The Nifty at th...
November 26, 2009 2:15 PM
The US dollar has hit a 14-year low against the Japanese yen with low interest rates in the US making the greenback less attractive to investors. The dollar slipped to 86.5 yen, its lowest level since July 1995. The US has indicated it is unconcerned about the dollar's slide, and will not i...
November 26, 2009 9:12 AM
Gold crossed another all time high of 18,000 rupees per ten gram in the national capital yesterday on the back of high demand and depreciating dollar. According to the traders the higher prices in the market indicate that spot prices of Gold will further rise.The gold has rallied 11 per cent after I...
November 25, 2009 6:16 PM
In choppy trade, the Bombay Stock Exchange benchmark Sensex gained 68 points. The 30-share index closed higher by 67.87 points at 17,198.95 points. The wide-based National Stock Exchange index Nifty rose by 17 points to close at 5,108 points. The trading sentiment turned volatile as investors reshuf...
November 25, 2009 5:39 PM
Gold struck another historic peak of 18,000 rupees per ten gram in the national capital on Wednesday on sustained buying by stockists for the current marriage season amid a weakening dollar.The yellow metal spurted by 220 rupees to 18,000 rupees per ten gram, a level never seen before, on seasonal b...
November 25, 2009 3:32 PM
A bill to develop and regulate foreign trade by facilitating imports into the country was introduced in the Rajya Sabha by the Commerce and Industry Minister Mr. Anand Sharma today. The Foreign trade Amendment Bill 2009 replaces a similar bill introduced in 2001. The legislation also provides for au...
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