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September 24, 2009 12:09 PM
The Bombay Stock Exchange benchmark Sensex fell by 185 points in early trade today. The Sensex was at 16551 down by 168 points when reports last came in. Similarly, the Nifty index on the wide-based National Stock Exchange moved down by 46 pointsto 4,923 points. Analysts say the fall in sensex is du...
September 24, 2009 11:44 AM
Oil prices fell closer toward 68 dollars a barrel today. U.S. crude fell 44 cents to 68.53 dollars a barrel while London Brent crude fell 39 cents to 67.60 dollars a barrel. Analysts say the fall in prices is due to US data showing an unexpectedly high build up in U.S. oil and products stockpiles.
September 24, 2009 11:43 AM
The Indian rupee today fell by 17 paise to 48.15 against the US dollar in early trade . The fall in rupee is on expectations of fresh capital outflows and increased dollar demand from importers. The rupee closed three paisa down at 47.98/48.00 yesterday.
September 23, 2009 7:14 PM
13 FDI proposals have been approved by the government entailing total overseas investment of 393 crore rupees. These include proposals relating to multimedia and aerospace.
September 23, 2009 5:37 PM
The 30-share Bombay Stock Exchange Sensex slipped by 166.93 points today, to settle at 16,719 after an intraday high of 16,905 and low of 16,683. The 50-share National Stock Exchange Nifty also closed below the 5,000 mark on the back of selling in telecom, technology, FMCG, realty and infrastructure...
September 23, 2009 2:26 PM
Finance Minister Pranab Mukherjee has said that Reserve Bank should not tighten the monetary policy as the government has planned to borrow huge amounts from the market. He said in Kolkota that the government proposes to borrow about 4.5 lakh crore rupees from the money market during the current fis...
September 23, 2009 2:25 PM
Finance Minister Pranab Mukherjee has said that Reserve Bank should not tighten the monetary policy as the government has planned to borrow huge amounts from the market. He said in Kolkota that the government proposes to borrow about 4.5 lakh crore rupees from the money market during the current fis...
September 23, 2009 2:10 PM
The Sensex at the Bombay Stock Exchange opened 40 points at 16,846, on emergence of profit-booking this morning. Remaining weak, the sensex stood 9 points in the red, at 16877 a short while ago. Stock markets in Hong Kong, South Korea, and Taiwan were down by between 0.5 percent as caution prevailed...
September 23, 2009 1:26 PM
After the end of the ethnic conflict, the Sri Lankan Tourism Ministry has drawn fresh plans to promote the country as a grand tourist destination at the international level. Secretary to the Ministry of Tourism, A.D. George said that the Government will be spending 700 million rupees for this mega p...
September 23, 2009 12:17 PM
Oil and Natural Gas Corp (ONGC) will intensify domestic exploration and aggressively pursue overseas acquisitions. This is being done to offset the natural decline in output. Addressing the shareholders of the company, in New Delhi today the Chairman and Managing Director of the Corporation Mr.R S S...
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