Making a case for a robust rupee, the US said currency value should reflect the economic fundamentals, which has been good in the case of India.
“I am strongly committed to a stronger dollar, which is the intent in the US,” visiting US Treasury Secretary Henry Paulson said in a question and answer session at the [...]

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Mukesh Ambani became the world’s richest man surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and investment guru Warren Buffett.
Following a strong share price rally in his three group companies- Reliance Industries, Reliance Petroleum and Reliance Industrial
Infrastructure, the net worth of Mukesh Ambani rose to $63.2 billion or Rs 2,49,108 crore.
In [...]

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It was a momentous day for the Indian markets on Monday as the benchmark index breezed past the 20,000 mark for the first time ever.
The Sensex hit an all-time high of 20,024 levels towards the fag end of the trading session, before settling at 19,977 levels, up 3.8 per cent or 734 points.
In broader markets, [...]

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The Indian markets achieved another milestone on Friday. The Sensex conquered the 19,000-mark. The Sensex exhibited high volatility in early trades. After opening with a positive gap of 53 points at 18,824, the index tumbled into red to a low of 18,630. The index rebounded sharply and rallied to a high of 19,047 — up [...]

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The Sensex exhibited high volatility in early trades. After opening with a positive gap of 53 points at 18,824, the index tumbled into red to a low of 18,630. The index rebounded sharply and rallied to a high of 19,047 - up 417 points from the day’s low.
The index is now up 269 points at [...]

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Crude oil prices rose in Asia on Friday, climbing above $91 a barrel at one point, on renewed concerns about oil supplies and news that OPEC won’t further increase output.
Prices were also lifted on news that Lebanese troops had fired on Israeli warplanes Thursday.
A conflict between Israel and Lebanon would not directly affect oil supplies, [...]

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