Mumbai, May 9 - In a lacklustre trade, the rupee depreciated further by nine paise to log its one-week closing low of 54.25 against the Greenback on sustained dollar demand amid weak local equities. However, better dollar overseas and persistent capital inflows limited the rupee fall. The rupee commenced slightly higher at 54.14 a dollar, which was also the day's high, from previous close of 54.16.

Aizawl, May 09 - After Mizoram government applied 'free market' policy, the cost of ginger has increased from Rs 19 per kg in November last year to Rs 55 per kg in April this year, benefiting the ginger cultivators in the state, an official statement said today. The statement said that the main buyer and exporter Thangveli has exported 1.71 quintals of ginger from Mizoram to Siliguri, New Delhi, Lucknow, Kolkata and Uttarakhand during this season.

Mumbai, May 9 - With rising cancer cases in the country, the oncology market in India is growing at 20 per cent annually and is expected to touch Rs 3,831 crore by 2017, according to a recent study. "Chemotherapy, biologics, targeted therapy, hormonal therapy, and supportive care are the different types of available cancer treatment in India. Among this chemotherapy recorded the highest market value of approximately Rs 700 crore in 2012. Oncology market in India is forecasted to grow to Rs 3,831 crore by 2017," a study by Frost & Sullivan said.

Mumbai, May 9 - Bombay Stock Exchange (BSE) benchmark Sensex on Thursday fell from over three-month high by losing 51 points due to profit-booking in recent outperformers such as RIL, Sun Pharma and HDFC Bank ahead of IIP data amid a weak global trend. After a three-day of sharp upsurge, the Sensex on Thursday declined by 51.14 points, or 0.26 per cent, to close at 19,939.04. The gauge had hit the crucial 20,000 level many times during the day.

Mumbai, May 9 - The BSE benchmark Sensex today fell from over three-month high by losing 51 points due to profit-booking in recent outperformers such as RIL, Sun Pharma and HDFC Bank ahead of IIP data amid a weak global trend. After a three-day of sharp upsurge, the Sensex today declined by 51.14 points, or 0.26 per cent, to close at 19,939.04. The gauge had hit the crucial 20,000 level many times during the day.

New Delhi, May 9 - Snapping a two-day losing trend, gold prices recovered sharply by Rs 285 to Rs 27,850 per 10 gm in the national capital today on emergence of stockists buying for the wedding season amid a firm global trend. Silver also advanced by Rs 300 to Rs 46,000 per kg on increased offtake by industrial units and coin makers.

New Delhi, May 9 - India's exports are likely to register a growth of at least 10 per cent in the current financial year on account of improving demand situation in major developed markets like the US. "We are hoping for at least 10 per cent (export) growth...US has already started improving. PMEAC in its report has clearly stated that US has started growing. So, that is good news. We also believe that Europe has also stabilised," Commerce Secretary S R Rao told PTI.

Dubai, May 9 - Tata Communications has joined hands with Qatari telecom firm Ooredoo Qatar to launch Middle East's first IPX+ enabled network. Formerly known as Qtel, it will use the platform offered by the Tata company to provide this service, a statement from the Indian telecom major said. The platform offers integrated access to multiple data transport options over a converged IP network, supporting multiple services across networks.

Mumbai, May 9 - The rupee traded marginally up by one paise to 54.15 against the US dollar in early trade at the Interbank Foreign Exchange today on sustained selling of the American currency by exporters. Strengthening of the euro against the dollar overseas and a higher opening in the domestic equity market further supported the rupee. The rupee had closed marginally lower by two paise at 54.16 against the dollar in yesterday's trade

Mumbai, May 9 - The BSE benchmark Sensex extended gains for the fourth-straight day by adding nearly 43 points to trade above 20,000 level in early trade today on sustained foreign funds inflow amid a firming trend in the Asian region. The 30-share barometer rose by 42.66 points, or 0.21 per cent, to 20,032.84 with stocks of IT, Teck and Auto leading the gains. The index had gained almost 415 points in the previous three sessions.

New Delhi, May 7 - Air India today decided to resume next week domestic operations of the Dreamliner aircraft, grounded for four months due to a battery problem, and replace 19 aged Airbus A-320s with new leased ones. The Air India Board, which met here, was briefed about the progress of making changes in the batteries of six Boeing 787 Dreamliners, owned by Air India, airline sources said.

New Delhi, May 7 - Amid rising instances of people being defrauded by ponzi schemes, the government has set up an inter-ministerial group to suggest ways to tackle fraudulent money pooling activities and protect the interest of investors. Representatives from the Finance and Corporate Affairs Ministries, Reserve Bank of India (RBI) and Securities and Exchange Board of India (Sebi) will be members of the inter- ministerial group (IMG).

Mumbai, May 7 - The consumption of man-made fibres (MMF) in the domestic market is expected to grow at a compounded annual growth rate of of 5.2 per cent in FY2011-12 to FY2015-16, according to a report by Care Research. The per capita MMF consumption in India was 1.7 kg per annum in FY2012-13 against the global average of 10 kg per annum.

Mumbai, May 7 - Breaking three-session of fall, the Indian rupee today recovered moderately by four paise to end at 54.14 against the USD following strong local equities amid fresh dollar selling by exporters. Weak dollar overseas and persistent capital inflows also helped the rupee recovery. At the Interbank Foreign Exchange (Forex) market, the domestic unit resumed lower at 54.23 a dollar against last close of 54.18 and declined further to 54.36 on initial dollar demand from importers and some banks.

Mumbai, May 7 - The BSE benchmark Sensex today rose over 215 points to close at three-month of 19,888.95 and Nifty regained 6,000-point mark on sustained buying by FIIs in banking, FMCG, realty and auto sector stocks. The Sensex rose by 215.31 points, or 1.09 per cent, to 19,888.95, a level last seen on January 31. The index had gained 98 points in the previous session. The gauge had touched the day's high of 19,917.88.

New Delhi, May 7 - Both the precious metals, gold and silver tumbled in the national capital today owing to slackened demand at prevailing higher levels amid a weak global trend. While gold plunged by Rs 220 to Rs 27,650 per 10 gm, silver fell by Rs 900 to Rs 45,300 per kg on reduced offtake by jewellers and industrial units.