Business

October 29, 2009 5:58 PM

Sensex tumbles 230 points on heavy selling

The benchmark Sensex fell for the fourth day today losing 230 points due to heavy selling by investors . The Bombay Stock Exchange barometer, settled at 16052 points, a loss of 230 points over the previous close. Earlier in the day, the 30-share index had dipped below crucial 16,000 points level.The...

October 29, 2009 5:27 PM

Sensex tumbles 230 points on heavy selling

The benchmark Sensex fell for the fourth day today losing 230 points due to heavy selling by investors .The Bombay Stock Exchange barometer, settled at 16.052.points, a loss of 230 points over the previous close. Earlier in the day, the 30-share index had dipped below crucial 16,000 points level.The...

October 29, 2009 4:48 PM

Sensex tumbles 230 points on heavy selling

The benchmark Sensex fell for the fourth day today losing 230 points due to heavy selling by investors . The Bombay Stock Exchange barometer, settled at 16.052.points, a loss of 230 points over the previous close. Earlier in the day, the 30-share index had dipped below crucial 16,000 points level. T...

October 29, 2009 4:42 PM

Ministries asked to control non- essential expenditure

The Centre has asked Union Ministries to ensure austerity measures so that the public expenditure remains within the budgetary limits in order to contain the fiscal deficit. The Finance Minister, Mr. Pranab Mukherjee today asked the financial advisors of different ministries to spend on the priority...

October 29, 2009 4:16 PM

Downturn in Exports continues

Exports declined by 13.8 per cent in September. It stood at 13.6 billion dollars, against 15.8 billion dollars in the same month last year. During the first half of the current fiscal, overseas shipments fell by 28.5 per cent to 77.9 billion dollars, against 108.9 billion dollars in the same period ...

October 29, 2009 4:15 PM

Inflation rises to 1.51 per cent

Inflation grew to 1.51 per cent on the back of higher food prices, vindicating Reserve Bank's hawkish stance of slowly withdrawing its easy money policy. The wholesale prices-based inflation stood at 1.21 per cent in the previous week.During the week, tea, mutton and arhar and manufactured ...

October 29, 2009 3:55 PM

Sensex trading in Red

The Bombay stocks exchange on Thursday is trading in red. In the opening trade it lost over 290 points and quoted below 16,000 mark. However later it regained its 16 K level and was at 16,160 down by 122 points when reports last came in. Similarly Nifty of National Stocks Exchange was down by over 3...

October 29, 2009 2:53 PM

Inflation rises by 1.51 per cent

Inflation rose by 1.51 per cent for the week ended October 17 on the back of higher food prices. During the week, tea, mutton and arhar and manufactured food items including edible oil and gur turned expensive. Projecting inflation to touch 6.5 per cent-mark by the end of the current fiscal, the RBI...

October 29, 2009 2:48 PM

Sensex trading in Red

The Bombay stocks exchange on Thursday is trading in red. In the opening trade it lost over 290 points and quoted below 16,00 mark. However later it regained its 16 K level and was at 16,160 down by 122 points when reports last came in. Similarly Nifty of National Stocks Exchange was down by over 36...

October 29, 2009 10:59 AM

Mahindra & Mahindra to launch compact truck

Auto maker, Mahindra & Mahindra, on Thursday launched India's first compact truck--Gio--meant for intra-city operations. The four-wheeler has been priced at 1.65-lakh rupees. It is aimed particularly at rural and semi-urban consumers. The Chief of Operations, Automotive Sector, Raje...

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