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Home -> Finance -> News

NATIONAL
Firm Asian trend lift Sensex a new closing peak
A steady flow of robust corporate earnings, a firm Asian trend and indications of healthy GDP growth pushed the Bombay Stock Exchange benchmark sensex to a new closing peak of 12,218.78, a jump of 176.22 points.

Crude prices may touch 100 dollars a barrel: Hadi
Iran, the world's second largest oil producer, today predicted that crude oil prices might touch 100 dollars a barrel by the winter of 2006.

Petro price hike cannot be deferred for very long: FM
The decision to hike petrol and diesel prices cannot be deferred for a very long time, Union Finance Minister P Chidambaram said today (May 2, 2006).

Oil prices changed little to easier in Asian trade
Oil prices were little changed to easier in Asian trade today as the market waited to see what the next lead will be on Iran and its controversial nuclear programme, dealers said.

ITC signs up Exim Bank's EMS to market agarbattis
ITC has signed up with Exim Bank for Export Marketing Services to leverage the Bank's overseas presence to promote agarbattis (incense sticks) with buyers, importers and distributors abroad.

Sensex at new peak at 12,217.77 on funds buying
The benchmark Sensex spurted to new peak by rising over 175 points on fund buying in first five minutes of trading on the Bombay Stock Exchange today (May 2, 2006).

Didn't change order on FM's intervention: SEBI
Market regulator SEBI yesterday (May 1, 2006) scotched speculation that it went back on its interim order relating to the IPO scam to avert a stock market meltdown after Finance Minister P Chidambaram intervened.