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September 22, 2009 12:41 PM
The Indian rupee fell by 10 paisa at 48.23 against the US dollar in morning trade today on month-end dollar demand. The domestic currency resumed modestly higher at 48.10 a dollar against its previous close of 48.13 a dollar but later dropped to a low of 48.23. Dealers at the forex market said the r...
September 22, 2009 11:09 AM
Maintaining its rising streak for the fifth session in a row, the benchmark Sensex rose by 82 points in opening trade on Tuesday on heavy buying by foreign funds amid expectations of strong corporate earnings. The 30-share index, Sensex, moved up by 82.40 points, or 0.45 per cent, to 16,823.70, with...
September 22, 2009 10:42 AM
The Indian rupee today fell marginally by 3 paise against the US dollar in early trade. At the Forex market, the domestic unit traded 3 paise down at 48.16 a dollar. Dealers said, Dollar demand from importers also put pressure on the Indian rupee.
September 22, 2009 10:42 AM
Oil prices jumped back above 70 US Dollars in Asian trade on Tuesday. New York's main contract, light sweet crude for October delivery, was up 41 cents to 70.12 US Dollars a barrel in morning trade after declining 2.33 US Dollars Monday. The Brent North Sea crude for November delivery climb...
September 22, 2009 9:08 AM
Finance Minister Pranab Mukherjee reviewed the turnaround plan of the national carrier, including the steps it is taking to cut costs and improve savings. Official sources said, Mr.Mukherjee was briefed on the issue by the Civil Aviation Secretary M Madhavan Nambiar and Air India CMD Arvind Jadhav i...
September 22, 2009 5:55 AM
Finance Minister Pranab Mukherjee reviewed the turnaround plan of the national carrier, including the steps it is taking to cut costs and improve savings.Official sources said, Mr.Mukherjee was briefed on the issue by the Civil Aviation Secretary M Madhavan Nambiar and Air India CMD Arvind Jadhav in...
September 21, 2009 11:47 PM
In the United States two more banks went belly up last week, pushing total failures to a whopping 94 entities so far this year in the country, even as the economy is showing signs of recovery.As many as 94 bank collapse have been witnessed in just nine months, translating into an average of at least...
September 21, 2009 6:09 AM
Prime Minister Manmohan Singh and leaders of emerging countries like Brazil, China and South Africa are to make a big push for more space and a stronger voice in global financial institutions at the G-20 Summit starting in Pittsburgh on Thursday.Climate change will also loom large at the summit of t...
September 21, 2009 4:20 AM
State-run power transmission utility, Power Grid Corporation of India Limited (PGCIL) would raise around Rs. 2,500 crore through issuance of bonds by October-November this year for financing various projects. The PGCIL Chairman and Managing Director , Mr.S K Chaturvedi said this in Hyderabad today w...
September 20, 2009 5:10 PM
After signing a Free Trade Agreement that will eventually lead to duty-free commerce for bulk of the trade, India and the 10-nation ASEAN bloc are set to start talks for opening the crucial services sector. Ambassador of Thailand Krit Kraichitti told PTI that negotiations for the free trade pact bet...
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