NATIONAL Mkt high at 7946.78, discounts fuel price hike Discounting the government's decision to hike fuel prices, the Bombay Stock Exchange 30-share Sensex today (Sept 6, 2005) ended at yet another new peak of 7946.78 on sustained inflows from institutional investors.
Petrol and diesel prices hiked; LPG untouched The Government today (Sept 6, 2005) decided to raise petrol price by Rs 3 a litre and diesel by Rs 2 per litre in line with rising crude prices, but spared consumers of domestic cooking gas (LPG) and kerosene from any price hike.
Sensex up by 33 points during morning trade today The Bombay Stock Exchange's (BSE) Benchmark 30-share Index (sensex) today (Sept 6, 2005) rallied further during morning trading and was quoted 33 points up at 10.30 a.m. over previous close on sustained buying support from investors amid reports of a likely hike in petrol and diesel prices.
'Interest rates to go down if inflation stays low' Finance Minister P Chidambaram yesterday (Sept 5, 2005) said interest rates on banks loans could be brought down only if inflation was kept under control, even as he noted that inflation had fallen to less than three per cent-level last week.
INTERNATIONAL Oil prices fall; reserve crude calms market: IEA Oil prices fell below 67 dollars a barrel in Asian trade today (Sept 6, 2005) as industrial powers pledged to release emergency supplies of crude, easing worries of tight supplies in the aftermath of Hurricane Katrina, dealers said.
Indian Technology Centre to be set up in Moscow An agreement to set up an Indian Technology Centre here to promote commercial use of Russian technology will be signed during Science and Technology Minister Kapil Sibal's visit that begins today (Sept 6, 2005).
