New Delhi: For the week ended August 4, inflation turned down to 4.05 per cent as against to 4.45 per cent in the last week because of lower prices of poultry chicken, moong, fruits, vegetable and some man-made things.

The wholesale prices-based inflation was 5.08 per cent in the matching week of the last year. During the week, the prices of vegetables, fruits and poultry chicken slumped by five per cent each, whereas those of moong and fish-marine descended by one per cent.

New Delhi: For the week ended July 28, inflation based on the wholesale price ind

BSE's banking share index ‘Bankex’ had surged 153.28 points, or 1.92%, to 8,143.76 in noon trades on anticipations that interest rates may diminish because of lower inflation.
The existing level is a record high for the Bankex. It also hit a low of 8,019.66 during the day. On 19 July 2006, the Bankex had touched a 52-week low of 4,032.39.
State Bank of India (SBI) boosted 3.21% to Rs 1580, ICICI Bank 1.64% to Rs 966.25, HDFC Bank 0.34% to Rs 1150, Bank of India 0.26% to Rs 228.20, Punjab National Bank (PNB) 2.55% to Rs 541.80.
On the other hand, ICICI Bank, State Bank of India and HDFC bank showed weightages of 40.36%, 17.12% and 13.83%, correspondingly, in the Bankex.

Pune: Yesterday, RBI Governor, Y V Reddy stated that the deceleration in inflation that dan

The shares in cement firms dropped precipitously on Wednesday, after the government’s trashing some duties to help imports and rein in domestic prices.