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October 15, 2009 12:56 PM
Inflation rose to 0.92 per cent during the week ended October 3 from 0.70 per cent a week ago even as prices of major food items declined. While prices of non-processed food items declined by 1.67 per cent on weekly basis, the rates of such articles were higher by 13.34 per cent compared to the same...
October 15, 2009 11:56 AM
Oil prices reached a fresh one-year high near 76 dollars a barrel today in Asia on a weaker US dollar and growing investor optimism about an economic recovery. Benchmark crude for November delivery was up 72 cents to 75.90 dollars, the highest since October 2008, on the New York Mercantile Exchange.
October 15, 2009 11:54 AM
The Bombay Stock Exchange benchmark Sensex rose by 119 points in the opening trade on sustained buying by funds following strong global cues. The 30-share index gained 119.28 points to jump to a 17-month high of 17,350 points. The wide-based National Stock Exchange index Niftyadvanced by 34 points a...
October 15, 2009 11:09 AM
The government is to infuse additional equity to bailout Air India. It has charted a revamp roadmap to cut costs by Rs 3,000 crore and increase revenue by Rs 2,000 annually. Talking to reporter in Mumbai, Civil Aviation Minister Praful Patel said a note for Cabinet Committee on Economic Affairs in t...
October 15, 2009 10:25 AM
The rupee strengthened by 33 paise against the dollar to breach the 46 level after nearly 13 months in opening trade today on steady inflow of foreign funds. The domestic currency at the Interbank Foreign Exchange (Forex) market was quoted at 45.80 per dollar, a gain of 33 paise over previous close....
October 15, 2009 10:24 AM
The rupee strengthened by 33 paise against the dollar to breach the 46 level after nearly 13 months in opening trade today on steady inflow of foreign funds. The domestic currency at the Interbank Foreign Exchange (Forex) market was quoted at 45.80 per dollar, a gain of 33 paise over previous close....
October 15, 2009 5:25 AM
The Indian rupee rose to one-year high of 46.13 against the dollar. In brisk trading at the Interbank Foreign Exchange(Forex) market, the domestic currency hit a high of 46.02, the level not seen since September 24, 2008.However, it closed at came down to settle at 46.13, up 35 paise from its last c...
October 15, 2009 12:00 AM
The two-way trade between India and UK is likely to reach 20 billion US dollar in the next five years from the present 13 billion US dollar. The British High Commissioner Sir Richard Stagg said this in New Delhi today.He said education, energy, technology, defense and manufacturing are some of the i...
October 14, 2009 6:24 PM
Just days ahead of Diwali, gold rose 130 rupees, to scale a new high of 16,250 rupees per ten grams, in Delhi, today. Silver ready gained 100 rupees, to 27,600 rupees per kilo.In London, gold touched a new peak of 1,070.80 dollars an ounce on a weakening dollar. Gold has jumped around 20 per cent th...
October 14, 2009 6:19 PM
The Sensex at the Bombay Stock Exchange surged 204 points, or 1.2 percent, to close at a new 17-month high of 17,231, today. The market rose amid a good start to the corporate earnings season, and firm Asian bourses. The Nifty at the National Stock Exchange spurted 64 points, or 1.3 per cent, to 5,1...
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