Business

November 16, 2009 10:59 AM

Rupee strengthens by 20 paise against $

The Indian rupee strengthened by 20 paise to 46.11 against the dollar in early trade on Monday. 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'...

November 16, 2009 10:57 AM

Sensex gains over 194 pts in early trade

The Bombay Stock Exchange benchmark index Sensex on Monday gained over 194 points to trade over 17,000 points level. The Sensex was trading 17037, up by over 189 points when reports last came in. Similarly, the wide-based National Stock Exchange index Nifty also gained 58points to 5,058. Brokers sai...

November 15, 2009 4:55 PM

Aviation Fuel prices in Delhi to go up from midnight

For the second time this month, state-owned oil firms today hiked jet fuel prices, this time by 2.4 per cent following a spurt in international oil rates.Aviation Turbine Fuel prices in Delhi will be increased by 948 rupees per kilolitre to 40,423 rupees per kilo litre effective from midnight tonigh...

November 15, 2009 1:40 PM

62000 MW power generation by the end of 11th plan: Shinde

Union Power Minister, Mr. Sushil Kumar Shinde has expressed serious concern over achieving the set targets of the 11th plan. Addressing a conference of State Power Ministers in New Delhi on Sunday, he urged all state governments to ensure speedy implementation of flagship programmes like the Rajiv G...

November 15, 2009 11:08 AM

Indian Steel Industry recovering from recession:Vir Bhadra Singh

The Steel Minister Mr. Vir Bhadra Singh said that Indian Steel Industry is showing signs of recovery from the economic melt down due to stimulus package given to the industry by the centre. Speaking at a seminar on "Vision of India's Steel industry 2012 organized by the Merchant Ch...

November 15, 2009 11:06 AM

Air India to get an equity infusion of 800 crore rupees

In a bid to give fresh lifeline to the cash-strapped Air India,the national carrier is to get an equity infusion of 800 crore rupees by December . Civil Aviation Minister Praful Patel today said this on the sidelines of a function in New Delhi today.Our correspondent reports, the government on Thurs...

November 14, 2009 1:58 PM

Inflation shot to 1.34% in October

Led by costlier food prices, the wholesale inflation rose to 1.34 per cent in October compared with 0.50 per cent in the previous month. As per the new monthly index introduced today, wheat, rice, moong dal, tea, mutton, condiments and spices were among the commodities which saw prices soaring durin...

November 14, 2009 1:45 PM

New platform for MF investors

The stock market regulator has opened up a big platform for investors to buy mutual fund units and companies to sell them. The Securities & Exchange Board of India (SEBI) has allowed stock brokers registered with the exchanges to 'transact' in ally types of mutual funds, bo...

November 13, 2009 3:09 PM

Oil prices below 77 dollars a barrel

Oil prices were below 77 dollars a barrel on Friday in Asian Markets. Benchmark crude was down 15 cents to 76.79 dollars a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange.

November 13, 2009 1:58 PM

BSE Sensex rises by over 180 points

The Bombay Stock Exchange benchmark index Sensex on Friday rose by over 180 points to 16,876 in the afternoon trade. Similarly, the wide-based National Stock Exchange index Nifty also rose by 55 points to 5,007. Marketmen said after a fall in the previous session the shares were trading at attractiv...

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