India's inflation rate eases to 12.34 percent but pressures remain India's wholesale price index (WPI)-based inflation rate eased to 12.34 percent in the 12 months to August 23, from previous week's figure of 12.40 percent, government data showed on Thursday, but failed to lift spirits as economists continued to worry that the central bank would not relax from its tight monetary stance as underlying inflationary pressures remained unchanged. 05 Sep 2008
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Sensex closes 151 points lower on weak global cues The prime index of the Bombay Stock Exchange (BSE) slipped 1 percent or 150.76 points on Thursday to close at 14,899.10, on concerns of global economic slowdown. 04 Sep 2008
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Sensex soars 551 points as oil prices plunge The Bombay Stock Exchange (BSE) Sensex marked its biggest single day gain in 2 and 1/2 months by surging 3.80 percent or 551.35 points on Tuesday, and closed at 15,049.86 on news of drop in global crude oil prices. 02 Sep 2008
Inflation eases to 12.40 percent; "early signs of moderation" seen, says FinMin India's wholesale price index (WPI)-based inflation rate stood at 12.40 percent in the 12 months to August 16, lower than previous week's figure of 12.63 percent, government data showed on Thursday, easing worries of further hike in key interest rates. 28 Aug 2008
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BSE Sensex sheds 248 points on inflation concerns The benchmark 30-share sensitivity index, the Sensex closed 1.74 percent or 248.45 points down at 14,048.34 as investors became jittery ahead of release of inflation data. 28 Aug 2008
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BSE Sensex tumbles 185 points on inflation, oil concerns The prime index of the Bombay Stock Exchange (BSE) tumbled 1.28 percent or 185.43 points on Wednesday to close at 14,296.79, weighed by inflation and oil concerns. 27 Aug 2008
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ONGC upstages China's Sinopec to acquire Imperial Energy for £1.4 billion India's largest oil producer and exploration company, the state-run Oil and Natural Gas Corporation Ltd (ONGC) said its wholly owned subsidiary ONGC Videsh Ltd (OVL) has agreed to acquire the entire stake of Russia-focused Imperial Energy for £1.4 billion ($2.6 billion) in an all-cash deal, a move that will ensure future energy supplies of India. 26 Aug 2008
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BSE Sensex climbs 32 points on slump in oil prices, ahead of F&O expiry The Bombay Stock Exchange (BSE) Sensex, climbed 0.22 percent or 31.87 points on Tuesday to close at 14,482.22 on short coverings ahead of monthly derivatives expiry on Thursday and drop in global crude oil prices. 26 Aug 2008
