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October 22, 2009 5:52 PM
The Sensex at the Bombay stock Exchange extended its losses on the back of weak cues from European markets. The Sensex lost 219.43 points to close at 16789. 74. Sell-off was seen in realty, capital goods, auto, power and metal stocks. Shares of ICICI Bank, SBI, SAIL, Maruti Suzuki, Tata Motors and R...
October 22, 2009 3:20 PM
Oil eased in Asian trade today after surging to 82 dollars a barrel.New York's light sweet crude lost 11 cents to 81.26 dollars a barrel while Brent North Sea crude eased two cents to 79.67 dollars a barrel.Analysts say the decline is due to boost in investor sentiment on account of decline...
October 22, 2009 1:31 PM
Inflation rose to 1.21 per cent for the week ended October 10. It was at 0.92 per cent in the previous week. The rise is due to increase in prices of major food items. Prices of sea fish rose by 14 per cent, moong dal by 5 per cent, rice by 3 per cent, and urad, arhar, wheat by one per cent each. Ho...
October 22, 2009 1:29 PM
The Bombay Stock Exchange benchmark Sensex is trading in red in the afternoon trade today. The Sensex was trading at 16,912 down by 96 points when reports last came in. It dipped below 17,000 points level losing over 101 points in opening trade. Analysts say the fall is due to on selling by foreign ...
October 22, 2009 11:33 AM
The Bombay Stock Exchange benchmark Sensex today dipped below 17,000 points level losing over 101 points to 16,907 in opening trade. The Sensex was trading at 16,945 down by 63 points when reports last came in. Analysts say the fall is due to on selling by foreign funds amid weak global trends. Heav...
October 22, 2009 10:34 AM
Indian rupee today depreciated by another 15 paise to 46.63 against Dollar in early trade. Dealers say the fall is largely on the back of dollar's gains versus major currencies. On Wednesday, the rupee had ended 37 paise lower at 46.48/49 against the US currency.
October 21, 2009 9:10 PM
The Supreme Court today asked Reliance Industries Limited (RIL) if it would make profit from selling gas at a price committed to NTPC, although it is substantially lower than the government-approved price. But there was no clear reply from the Mukesh Ambani-led firm. In its response, RIL said that t...
October 21, 2009 5:41 PM
Weak global cues aggravated a dramatic selling across counters towards the end of trading today, dragging down the benchmark Sensex by over 200 points to extend losses for the second day in succession. The Bombay Stock Exchange 30-share index declined sharply to trade below 17K-level at one-week low...
October 21, 2009 5:29 PM
Prime Minister's Economic Advisory Council (PMEAC) today said country's economy may grow by 6.7 per cent this fiscal despite bad monsoon affecting farm sector output. Releasing the outlook, PMEAC Chairman Dr. C Rangarajan projected India's economic growth at 6.5 percent in...
October 21, 2009 5:29 PM
Prime Minister's Economic Advisory Council (PMEAC) today said country's economy may grow by 6.7 per cent this fiscal despite bad monsoon affecting farm sector output. Releasing the outlook, PMEAC Chairman Dr. C Rangarajan projected India's economic growth at 6.5percent in ...
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