Colombo, Sep 29 (PTI) The Reserve Bank has said rising inflation and ’still tentative’ recovery in economic growth is making it difficult for the central bank to decide whether to exit from monetary easing measures.
“Early return to the fiscal consolidation path, and exit from the expansionary fiscal and accommodative monetary policy remain the key challenge… [...]
Mumbai, Sep 29 (PTI) The Bombay Stock Exchange benchmark Sensex today gained nearly 160 points on fresh buying by funds in line with firming global trends.
The 30-share index closed higher by 159.91 points at 16,852.91 points as investors purchased heavyweight stocks such as Reliance Industries and Infosys Technologies, carrying nearly 23 per cent weightage on [...]
New Delhi: “We have suspended the booking of tickets till further notice in order to save the passengers from inconvenience,” AI Chairman and Managing Director said.
New Delhi, Sept. 28 In a boost to the flagging domestic uranium mining effort, ONGC has zeroed in on a location in Assam and has submitted a proposal to Uranium Corporation of India Ltd (UCIL) for jointly exploring the resource.
The public sector oil major has an agreement in place with UCIL to pursue exploration and [...]
The India story seems to be back in the reckoning for foreign investors. With liquidity across the globe remaining high and investor confidence increasing, net foreign institutional investment (FII) in Indian markets has crossed the $ 11 billion mark to $ 11.2 billion in 2009 so far.
This means whatever FIIs pulled out from India in [...]