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  • Gold, silver slump on sell-off, weak global cues

       (Saturday, 04 February 2012 10:30)

    Mumbai, Feb 4: Gold continued its downward journey in the bullion market here on Saturday on sustained selling by stockists and investors amid bearish global sentiment. Silver also fell amid fresh selling by retail speculators.

  • Groundnutoil gain on renewed demand

       (Saturday, 04 February 2012 10:00)

    Mumbai, Feb 4: Groundnutoil prices gained in a fairly active oils and oilseeds market here today due to fresh stockists buying amidst good retail offtake. While, refined palmolein held steady owing to lack of any worthwhile

  • 2G effect: Mobile tarrifs likely to go up

       (Friday, 03 February 2012 09:45)

    New Delhi, Feb 3: With the Supreme Court verdict to scrap off 122 licences of telecom companies, the step will soon affect those companies as mobile tarrifs are likely to go up, said reports. Reports reveal that the Supreme Court order

  • Gold snaps 2-day losing trend; up by Rs 110 on strong demand

       (Friday, 03 February 2012 09:30)

    New Delhi, Feb 3: Gold on Friday gained Rs 110 to Rs 28,640 per 10 grams, snapping a two-day losing trend on increased buying by stockists to meet demand for the ongoing marriage season amid a firming global trend. Silver also

  • Srinivas, Vemuri interchange positions at Infosys

       (Friday, 03 February 2012 07:30)

    Bangalore, Feb 3: Infosys Ltd on Friday announced that two of the company’s top leaders B G Srinivas and Ashok Vemuri -- would interchange their positions. Srinivas, Global Head of Manufacturing PTI

  • US indicts Swiss bank on tax charges

       (Friday, 03 February 2012 07:15)

    Washington, Feb 3: The US has indicted the oldest bank of Switzerland on charges of conspiracy to hide over $1.2 billion – the first time ever that a foreign bank has been charged here for facilitating tax fraud by American taxpayers.

  • Rupee at fresh 3-mth high, up 22 paise Vs $ in early trade

       (Thursday, 02 February 2012 04:30)

    Mumbai, Feb 2: The rupee on Thursday strengthened by 22 paise to trade at a fresh three-month high of Rs 49.05 a dollar on the Interbank Foreign Exchange today. Dealers said increased foreign capital inflows and

  • Rupee loses 18 paise against dollar in early trade

       (Wednesday, 01 February 2012 04:45)

    Mumbai, Feb 1: The rupee weakened by 18 paise to Rs 49.64 per dollar in early trade on the Interbank Foreign Exchange on Wednesday amid weak equity markets. Dealers attributed the rupee's fall to dollar gains

  • Oil prices rise on supply disruption concerns

       (Wednesday, 01 February 2012 03:30)

    Singapore, Feb 1: Oil prices edged higher in Asian trade on Wednesday amid concerns over a supply disruption in West Asia and Africa.New York’s main contract, West Texas Intermediate crude for delivery in March, gained 18 cents to $99.66 a barrel in

  • French firm bags India's biggest defence deal of $10.4 bn

       (Tuesday, 31 January 2012 12:15)

    New Delhi, Jan 30: India's biggest defence deal has been awarded to the French aviation company Dassault Rafale on Tuesday according to sources. India contracted the $10.4 billion deal with the French company for supplying of combat aircrafts to Indian Air

  • Gold gains Rs 225 on seasonal buying, silver up by Rs 500

       (Tuesday, 31 January 2012 10:15)

    New Delhi, Jan 31: Gold maintained an upward trend for the fourth straight day in the bullion market here on Tuesday and rose by Rs 225 to Rs 28,690 per 10 grams on marriage season demand amid a firming global trend. Silver

  • India, Israel to hold another round of talks on FTA

       (Tuesday, 31 January 2012 06:15)

    New Delhi, Jan 31: India and Israel will hold another round of negotiations by the end of March on signing the Free Trade Agreement (FTA) to achieve a bilateral trade figure of $10-15 billion per year. The two countries had decided on

  • Economic growth revised down to 8.4 pc for 2010-11

       (Tuesday, 31 January 2012 06:15)

    New Delhi, Jan 31: The government on Tuesday, Jan 31 revised the economic growth rate for 2010-11 financial year slightly down to 8.4 per cent from the earlier estimate of 8.5 per cent."The Gross Domestic Product (GDP) at factor cost at constant

  • Rupee gains 20 paise against dollar in early trade

       (Tuesday, 31 January 2012 04:30)

    Mumbai, Jan 31: The rupee strengthened by 20 paise to Rs 49.59 a dollar in early trade on the Interbank Foreign Exchange market on Tuesday on increased foreign capital inflows. Dealers said rupee gained due to foreign capital inflows and

  • Gold gains Rs 55 on wedding season demand, silver sheds Rs 500

       (Monday, 30 January 2012 10:00)

    New Delhi, Jan 30: Despite a weak trend in the overseas markets, gold prices rose for the third straight day by adding Rs 55 to Rs 28,465 per 10 grams in the bullion market here on Monday on pick-up in demand,

  • Rupee loses 11 paise against dollar in morning trade

       (Monday, 30 January 2012 04:30)

    Mumbai, Jan 30: The Indian rupee fell by 11 paise to Rs 49.42 per US dollar in early trade on the Interbank Foreign Exchange on Monday, weighed down by dollar gains against other currency rivals. Forex dealers said besides dollar

  • India won't scale down its petroleum imports from Iran: FM

       (Monday, 30 January 2012 04:30)

    Chicago, Jan 30: India, which imports 12 per cent of its oil from Iran, will not scale down its petroleum imports from Tehran despite US and European sanctions against the Islamic republic, Finance Minister Pranab Mukherjee has said. "It is not possible

  • FDI in retail: Sharma says pause cannot be too long

       (Saturday, 28 January 2012 18:30)

    London, Jan 29: Asserting that FDI in retail will happen, Commerce and Industry Minister Anand Sharma said the "pause" in implementation of the government's decision cannot be "too long". "The Cabinet took a considered view on retail FDI. We are

  • Major markets close today

       (Saturday, 28 January 2012 07:15)

    Kolkata, Jan 28: Barring foodgrain and jaggery, all major markets in Kolkata, including bullion, jute and jutegoods, oils and oilseeds, metal and the Calcutta Stock Exchange (CSE) are closed on Saturday for Saraswati Puja. PTI

  • Facebook may file for IPO next week: WSJ

       (Saturday, 28 January 2012 05:30)

    New York, Jan 28: Facebook could file papers as early as next week, for its much-anticipated initial public offering, which will value the social networking site at up to $100 billion. Mark Zuckerberg-led Facebook has zeroed