error Console does not exist in the current context

Thank you all for your responses.
@Vulpes: while copying code here, I missed the braces, but in actual code i have all the paired braces.

@Shweta: thanks for providing me the pointer. Actulaly I am new to application developemnt. The VS version i was using was not having Console application template. So, I thought that I need to create it from scratch.

Check are you missing to add any namespace

using System;

If that's all the code there is, it looks like you're missing this using directive at the top of the file and also a couple of curly brackets:

using System;

namespace myNamespace{      
   class Program  
   {              
       static void Main(string[] args)
       {            
           Console.WriteLine("welcome");    
            Console.ReadLine();  
        }
   }    
}

leelha,
Are you working on console application ? If possible, please post your code.