Friday, October 7, 2011

Food inflation at 9.41%, remains a worry for govt

Food inflation at 9.41%, remains a worry for govt

Food inflation at 9.41%, remains a worry for govt

Posted: 07 Oct 2011 01:08 PM PDT

Food inflation accelerated to a three-week high in late September due to costly vegetables, pulses and some protein-based items, prompting finance minister Pranab Mukherjee to reiterate that prices are a matter of concern.

Draft IT policy to create 10m jobs

Posted: 07 Oct 2011 01:06 PM PDT

The government on Friday unveiled the draft policy on information technology, 2011 that is aimed at creating a pool of extra 10 million skilled manpower by 2020 and strengthening India's position as a global IT power.

Collections of indirect, direct taxes show slowdown

Posted: 07 Oct 2011 01:05 PM PDT

The impact of a slowdown driven by higher interest rates and increased prices is now showing on the government's tax collections.

Bond yields rise signals scope for rate increase

Posted: 07 Oct 2011 01:04 PM PDT

In one of the sharpest indications that interest rates are yet to peak out, yields on most traded government bonds rose on Friday as market players expect higher supply of government securities (G-sec) over the next few months.

US affluent classes dwarf China, India

Posted: 07 Oct 2011 07:36 AM PDT

The United States has 10 times more affluent households than China or India, research shows, undermining arguments the global economy can be sustained by consumption in emerging markets.

Sony in talks to buy Ericsson

Posted: 07 Oct 2011 06:54 AM PDT

Sony Corp is in talks to buy out Ericsson from their mobile phone joint venture in a bid to catch up with rivals, a source with direct knowledge of the matter said.

Rupee up by 19 paise vs dollar

Posted: 07 Oct 2011 06:00 AM PDT

The rupee today appreciated further by 19 paise to 49.15/16 against the US currency on dollar selling by exporters and a sharp rebound in local stocks.

Sensex closes 440 points higher

Posted: 07 Oct 2011 04:22 AM PDT

Snapping a four-day losing streak, the BSE benchmark Sensex on Friday surged by 440 points to regain the 16,000 level on buying by funds in fundamentally strong stocks available at attractive low levels after recent fall.

Food inflation rises to 9.41%

Posted: 07 Oct 2011 12:10 AM PDT

Food inflation rose to 9.41 per cent for the week ended September 24 on the back of costlier vegetables, fruits, milk and protein-based items.

Sensex up by 533 points in early trade

Posted: 06 Oct 2011 10:40 PM PDT

The BSE Sensex rebounded more than 3 percent on Friday after a four-day slide. Infosys Ltd rose as much as 5.2 percent, while SBI and ICICI Bank bounced back.

Sensex up by 533 points in early trade

Posted: 06 Oct 2011 10:40 PM PDT

The BSE benchmark Sensex gained 533 points in early trade today on all-round buying by operators and investors in the wake of a four-session losing streak.

Rupee gains 30 paise against dollar

Posted: 06 Oct 2011 09:42 PM PDT

Dealers said dollar weakness against the euro and other currencies overseas and gains recorded by domestic bourses in early trade influenced the rupee sentiment.

Sensex regains 16k mark on Asian cues

Posted: 06 Oct 2011 09:26 PM PDT

The BSE benchmark Sensex surged by over 481 points to regain the 16,000-level in opening trade on Friday on brisk buying of stocks available at attractive prices, coupled with positive cues from other Asian bourses.

Designer first, CEO second

Posted: 06 Oct 2011 03:37 PM PDT

If you walked into the office of almost any chief executive and asked him or her to describe a favorite font, I'm pretty sure you would be greeted with a blank stare and silence.
Posted by Harshad at 9:41 PM

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