Thursday, July 31, 2008

Business news extracts –India (July 31, 2008)

1. The stock markets today: The BSE’s benchmark index, sensex closed flat at 14,334, higher by 47 points. Nifty 50 closed at 4333, up by 19 points. In bullion market, gold is being quoted at Rs.12,552/10gm and silver at Rs.24,514/kg. Nymex crude oil was trading at US$126.23 a barrel. Rupee was at Rs.42.54 a dollar.
2. Tatas not to proceed with the proposed industrial projects worth US$3 billion in Bangladesh.
3. Public Sector oil companies may cut ATF fuel prices by this weekend.

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