Business

January 16, 2014 7:46 PM

Rupee up 1 paise to close at 61.53 vs dollar

The rupee gained 1 paise, to close at 61.53 against the dollar.In New York market, the dollar strengthened across the board yesterday after US data underscored a recovery in the manufacturing sector.

January 16, 2014 7:45 PM

Sensex down 24 points to close below 22,000-level

The Sensex at the Bombay Stock Exchange closed with a slim loss of 24 points, or 0.1 percent, at 21,265, today. The Nifty at the National Stock Exchange fell 2 points, to 6,319.Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.

January 16, 2014 12:22 PM

Rupee trading lower by 4 paise at 61.58 vs Dollar

The rupee recovered its initial losses against the US dollar but it was still trading 4 paise lower at 61.58 in afternoon trade on good demand for the American currency from banks and importers.In New York market, the dollar strengthened across the board yesterday after US data underscored a recover...

January 16, 2014 12:19 PM

Sensex trading 21 points down at 21.267 in afternoon trade

The benchmark BSE Sensex was trading 21 points down at 21,267, a shortwhile ago.The wide-based Nifty of the National Stock Exchange was 2 points down at 6,319.Asian stocks edged up in their early trade as projected bank earnings boosted investor confidence and drove US stock gauges to record highs y...

January 16, 2014 10:57 AM

FM: Economy to get back to high growth path in next 3 yrs

Government has exuded confidence that the economy will get gradually get back to high growth path in the next three years. Finance Minister P Chidambaram said this while delivering the valedictory address at Petrotech 2014 in Greater Noida.Referring to the Current Account Deficit, the difference bet...

January 16, 2014 10:11 AM

Aim to put Indo-Pak trading ties back on rails: Pak Commerce Min

On the eve of a ministerial visit to India, Pakistan on Wednesday said it is working on granting Non-Discriminatory Access status instead of the contentious MFN. This was disclosed by Pakistan Commerce Minister Khurram Dastgir Khan in an interview to PTI in Islamabad today.Mr. Khan, who is set to tr...

January 16, 2014 10:10 AM

Sensex gains 53 points in early trade

The Sensex rose 53 points to 21,343 points in early trade today on sustained buying by funds amid a firm trend on other Asian bourses. The Sensex had gained 257 points yesterday.The wide-based Nifty of the National Stock Exchange moved up 17 points to 6,338.In the Asian markets, Hong Kong's...

January 16, 2014 10:05 AM

Rupee loses 10 paise to quote at 61.64 vs Dollar

The rupee lost 10 paise to 61.64 against the US dollar in early trade today on the Interbank Foreign Exchange market due to appreciation of the American unit against other currencies overseas. Increased demand for the dollar from importers at current levels also put pressure on the rupee. The rupee ...

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