A nine-month-old boy and a 15-month-old girl were among four people who succumbed to swine flu in the city on Sunday, pushing the toll here up to 31. The nine-month-old was from the Kasewadi slums in Bhawani Peth here, which had, a few days back, witnessed the death of a 35-year-old woman of swine flu. [...]

A government report had raised strong objections against Vedic Realty managing director Raj Kishore Modi way back in August 2004 for his ways of procuring Vedic Village land. But the same government — in January 2009 — allowed him to “acquire” multi-crop farmland and even vested land from poor pattadars. A copy of this report, [...]

Markets were off lows but still in the red as low level buying emerged after a poor start. The decline led by IT, metals and capital goods space while realty sector capped the losses. The market is likely to take cues from the domestic GDP data to be announced later in the day. “US markets [...]

The IT index has shed 2% to 4,182 led by fall in the index heavyweights. Among the major IT stocks, TCS and Infosys have shed around 3% each to Rs 526 and Rs 2,131, respectively. HCL Technologies and Wipro have dropped over 2% each to Rs 299 and Rs 552, respectively. Financial Technologies is down [...]

Gold futures were almost flat on Monday morning as support from a weak rupee was offset by a downward push from crude oil, analysts said. The most-traded October contract was 0.17 per cent higher at Rs 15,147 per 10 grams. The Indian rupee dropped in tandem with lower domestic stocks, with mixed Asian currencies providing [...]

Government bond prices are now back to levels they ended last Friday, after the Reserve Bank of India (RBI) raised Rs 12,000 crore through the sale of government bonds at yields much higher than what the market expected. The central bank bought back bonds from traders at yields higher than what the market expected. This [...]

The Indian rupee appreciated by 11 paisa to 48.80 against the American currency in early trade today on fresh dollar selling by exporters Forex Converter Convert Rs.To and stability in local stocks. The domestic currency resumed lower at 48.83/85 a dollar against its previous close of 48.91/92 a dollar and later touched a high of [...]

stock market’s rally plodded along Thursday, sustained by gains in financial and industrial shares. Major indices overcame early losses and finished slightly higher, including the Dow Jones industrial average, which added 37 points to set a fresh 2009 high. The Dow has risen for eight straight days, its longest winning streak since April 2007. Trading [...]

The key benchmark index surged trade today led by advances in realty, banking and capital goods stocks. IT stocks, however, were under pressure. The benchmark Sensex rose 140 points to 15,921 levels and the Nifty was up 45 points to 4,733. The realty index on the BSE rose 3.5 per cent and the banking index [...]

The index hit a new year high of 4,743 during today’s session as buying in selective frontline stocks and positive global cues helped Indian markets to recover from early losses. The Nifty closed at 4,732, up 44 points while the Sensex gained 141 points to end at 15,922. Asian stocks were modestly higher on Friday, [...]