India's investment in foreign destinations rising globally : Anand Sharma

The government says, there is a need to increase India's share of global commerce. Addressing the first conference of the State Industry Ministers in New Delhi on Tuesday, the Commence and Industry Minister, Mr. Anand Sharma said that the foreign trade policy has been revamped to generate d...

Gold prices crosses Rupees 17,000 Rupees level in early trade

Gold prices crossed the 17,000 Rupees level for the first time in the history in early trade in the bullion market on Tuesday on sustained buying by stockists and jewellers influenced by overnight rally in New York.Silver, too, rallied to an all-time high of 28,355 rupees on persistent demand from i...

Indian Rupee inched higher by 8 paise to 46.13 against $

The Indian rupee inched higher by 8 paise to 46.13 against the dollar in early trade today, extending gains for the third straight day as the US currency dropped against major units. Dollar selling by exporters also supported the Indian rupee. Forex dealers said the US currency's losses aga...

Govt. rules out import of wheat

The government has ruled out import of wheat. Talking to newspersons on the sideline of a conference in New Delhi on Tuesday, the Commerce and Industry Minister, Mr. Anand Sharma said that there are enough stocks of wheat in the country. On import of rice, Mr. Sharma said that the country is securin...

Gold touches new high globally

UAE number one trading partner in 2008-09

India commits itself to Iran-Pak-India gas pipeline

New Delhi today renewed its commitment to Iran-Pakistan-India gas pipeline project. Official sources said in New Delhi today that the security of the pipeline and pricing of the gas are some of the issues that are being discussed before the project is finalised. A working group set up to enhance coo...

Sensex closes 184 pts up; crosses 17K mark

The Bombay Stock Exchange benchmark Sensex today jumped 184 points to close above the 17,000- points level. The Sensex shot up by 183.68 points to close at 17,032.The benchmark rose above 17,000 for the first time since October 21 and has gained more than seven per cent this month on increased buyin...

Rise in oil prices

Oil prices were higher in Asian trade on Monday. New York's main contract, light sweet crude gained over 71 cents to 77.06 dollars a barrel while Brent North Sea crude gained 55 cents to 76.86 dollars. Analysts said the rise in prices is due to buying by investors into commodities including...

Rupee strengthens by 31 paisa against $

The Indian rupee today strengthened by 31 paise to 46.00/02against the dollar in early trade. The rupee had ended 34 paise higher at 46.31/32 in the previous session on Friday. Forex dealers said expectations of increased capital inflows into domestic equities by foreign funds and dollar's ...