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7th-May-2008 08:46
Crude prices surged to a new all time high of USD 122/bbl on threats to supply in Nigeria and Iraq and growing Asian demand. In after hours access t...
6th-May-2008 20:15
The government has virtually given up on the Indo-US nuclear deal, reports CNBC-TV18, quoting sources. The nuclear deal is unlikely under the Bush adm...
6th-May-2008 18:02
The rupee has fallen to an 8-month low against the dollar. The US currency rose on consistent demand from oil importers, while inflows from FIIs were ...
6th-May-2008 16:07
Crude prices jumped more than four dollars to a record high over 120 dollars per barrel. On the weakening US dollar and supply concerns from OPEC memb...
6th-May-2008 13:59
Ashit Parekh, Head of Forex at IndusInd Bank said that he sees the Rupee breaching Rs 40.80/USD levels and may even touch Rs 40.80-40.85/USD levels.He...
5th-May-2008 20:31
The oracle of Omaha, Warren Buffett thinks that the US Stimulus Package may not be enough. He also believes that the Fed has done well in these circum...
5th-May-2008 14:52
Sundeep Bhandari, Regional Head-Global Markets (South Asia), Standard Chartered Bank said the yen has yet to go to 107-108 levels. He added that there...
5th-May-2008 11:25
The Chairman of SAIL said that the government measures have resulted in steel prices coming down by 17-18% since March. The steel prices had peaked in...
5th-May-2008 08:56
Crude rose by more than 3 dollars a barrel, the most in month, after a report showed that the US lost fewer jobs than forecasted in April and as Turke...
3rd-May-2008 14:39
Rangarajan, Chairman of the Prime Minister's Economic Advisory Council said that he expects inflation to moderate and come down to 6% in the next thr...
2nd-May-2008 18:07
US Federal Reserve has increased term auction facility to USD 150 billion, reports CNBC-TV18. It has also increased swap line with ECB from USD 20 bil...
2nd-May-2008 11:56
Inflation for week ended April is at 7.57% versus 7.33%. It is at a 42-month high. CNBC-TV18 poll estimated 7.27%. The Wholesale Price Index (WPI) is ...
2nd-May-2008 08:49
Crude prices retreated as the dollar rose and the strike of an oil workers in Nigeria ended. Commodities prices saw a drop also because the Federal Re...
1st-May-2008 00:00
US Federal Reserve has cut both Fed funds rate and discount rate by a quarter-point to 2% and 2.25% respectively. This is the seventh rate cut since S...
30th-Apr-2008 18:15
US Economic Data says, Q1 GDP advances up 0.6%, consumer spending up 1%, Biz investment down 2.5%, employment cost index up 0.7% Vs 0.8% in Q4....
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