Business

September 26, 2009 9:30 AM

AI pilots threaten to go on strike

A section of Air India Executive pilots tonight threatened to go on an agitation in protest against 50 per cent reduction in their productivity-linked incentives (PLIs) just days after Jet Airways pilots resumed work after going on a strike."The Executive pilots have taken a decision to go ...

September 26, 2009 9:27 AM

No hike in interest rates on cards, says SBI chief

State Bank of India Chairman O P Bhatt said on Friday that no increase in interest rates is expected in the near future, allaying apprehensions on the return of the tight money policy."Hike is extremely unlikely," Bhatt told a news agency when asked whether the rates of borrowing c...

September 26, 2009 9:27 AM

Oil falls to near USD 68 as US crude supplies jump

Oil prices dropped to near USD 68 a barrel on Thursday in Asia as an unexpected jump in US crude inventories suggested consumer demand remains in the doldrums.Benchmark crude for November delivery was down 71 cents at USD 68.26 a barrel by midday Singapore time in electronic trading on the New York ...

September 25, 2009 5:06 PM

Sensex closes in red down by 88 pts

The Bombay Stock Exchange benchmark Sensex today fell by 88 points as investors turned cautious ahead of a long weekend amid weak global trends. The 30-share barometer settled at 16,613 points.The wide-based National Stock Exchange index Nifty fell by 27 points to 4,958.95 points.Brokers said invest...

September 25, 2009 2:14 PM

Sensex tanks 162 pts in opening trade on profit-booking

The Bombay Stock Exchange benchmark Sensex slipped by over 162 points in opening trade on Friday on profit-booking at higher levels by funds as well as retail investors amid weak global markets. The BSE-30 share benchmark Sensex, which had gained 61.93 points in yesterday's volatile session...

September 25, 2009 2:12 PM

Rupee depreciated by 30 paise

The Indian rupee today fell by 30 paise against the dollar in opening trade on expectation of fresh capital outflows. Dollar's gain against other Asian currencies and demand for the US currency from importers also put pressure on the Indian rupee. At the Interbank Foreign Exchange (Forex) m...

September 24, 2009 5:21 PM

Sensex bounces back

Fag-end buying today helped the Bombay Stock Exchange benchmark Sensex recover its early losses and end the day nearly 62 points higher. The 30-share Sensex, which had tumbled 224.58 points during the day, bounced back in the last 30-minutes of trade to close higher by 62 points at 16,781.43. Simila...

September 24, 2009 5:08 PM

Futher rise in Inflation

The rate of inflation further rose to 0.37 per cent for the week ended September 12, from 0.12 per cent in the previous week, due to rising prices of essential food items. The wholesale price-based inflation had stood at 12.42 per cent during the corresponding week a year ago.On an annual basis, pri...

September 24, 2009 2:30 PM

Sensex in red down by 111 pts

The Bombay Stock Exchange benchmark Sensex was trading in red in the afternoon trade today.The Sensex was at 16639, down by 111points when reports last came in.It fell by 185 points in early trade . Analysts say the fall in sensex is due to profit booking by funds and retail investors amid weak glob...

Most Read

View All arrow-right

No posts found.