Gains by financial stocks pull BSE Sensex up 301 points The benchmark index of the Bombay Stock Exchange (BSE), the Sensex surged 1.96 percent on Tuesday, lifted by gains made by financial stocks even as Reliance Communications extended its losses as fears of feud between the Ambani brothers deepened. 17 Jun 2008
62.
BSE Sensex beats oil woes to end up 206 points The Bombay Stock Exchange (BSE) Sensex surged 1.36 percent on Monday on hope that the problem of rising global crude oil prices will be solved soon, even as Reliance Communications shares took a beating amid fears of fresh feud between the Ambani brothers. 16 Jun 2008
63.
Souza's 1955 art work fetches record price at Christie's auction A 1955 oil painting by late Indian artist Francis Newton Souza has fetched $2.48 million (£1.27 million) at Christie's, London, in an auction of modern South Asian art, setting a new record for Indian contemporary art. 16 Jun 2008
Oil drops on report Saudi eyes output increase Oil fell $3 to near $134 a barrel on Friday on an industry newsletter report Saudi Arabia was considering a sizeable increase in crude output to cool oil prices hovering near record highs. 13 Jun 2008
66.
Friday the 13th Horror: Inflation rate surges to 7-year high of 8.75 percent India's wholesale price index (WPI)-based inflation rate surged to a 7-year high figure of 8.75 percent in the 12 months to May 31, higher than previous week's figure of 8.24 percent, sparking concerns that the central bank may move to tighten monetary policy. 13 Jun 2008
67.
Strong IIP data pulls BSE Sensex up 65 points The Bombay Stock Exchange (BSE) Sensex recovered from early jitters to climb 0.43 percent on Thursday but market sentiment remained subdued on concerns of quarter percentage hike in key interest rate by the central bank. 12 Jun 2008
68.
Borrowers feel the pinch as RBI hikes repo rate by 25 basis points India's central bank, the Reserve Bank of India (RBI), in an unexpected move, hiked its key interest rate on Wednesday by 25 basis points to contain inflation but it may spell further bad news for the consumers who are already reeling under high food and oil prices. 12 Jun 2008
Saudi calls for talks; oil experts see no change Saudi Arabia will call for a summit between oil producing countries and consumer states to discuss soaring energy prices, Information and Culture Minister Iyad Madani said Monday. 10 Jun 2008
