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January 6, 2014 1:47 PM
The Sensex at the Bombay Stock Exchange remained weak in afternoon deals, and had fallen 81 points, or 0.4 percent, to 20,770 a short while ago. Earlier in the morning, the Sensex had declined 91 points, or 0.4 per cent, to 20,760, on sustained selling by funds and retail investors, amid weak region...
January 6, 2014 12:31 PM
Trimming initial losses, rupee was quoted 22 paise lower at 62.38 per dollar on demand for the US currency from banks and importers in late morning trade. The rupee resumed lower at 62.35 per dollar as against the last weekend's level of 62.16 per dollar at the Interbank Foreign Exchange ma...
January 6, 2014 12:21 PM
The Sensex was trading down 46 points at 20,805, a shortwhile ago. It fell 91 points in early trade today on sustained selling by funds and investors amid a weakening trend in other Asian markets. Similarly, the National Stock Exchange index Nifty shed 12 points to 6,198.In the Asian region, Hong Ko...
January 6, 2014 10:11 AM
The benchmark BSE Sensex fell 91 points to 20,760 in early trade today on sustained selling by funds and investors amid a weakening trend in other Asian markets.Similarly, the National Stock Exchange index Nifty shed 34 points to 6,179.In the Asian region, Hong Kong's Hang Seng index shed 0...
January 6, 2014 10:08 AM
The rupee fell by 21 paise to 62.43 against the US dollar in early trade today at the Interbank Foreign Exchange market due to increased demand for the US currency from oil importers. Forex dealers said, a weak opening of the domestic equity market also weighed on the rupee but dollar's wea...
January 5, 2014 1:11 PM
The government has notified the modalities for the beleaguered sugar industry to avail of interest-free loans to the tune of 6,600 crore rupees from banks for payments to cane growers. The Cabinet Committee on Economic Affairs had approved the loans for the cash-starved sugar mills last month. Accor...
January 5, 2014 11:30 AM
The Reserve Bank is likely to soon issue guidelines to allow banks to act as insurance brokers with a view to boost business and arrest decline in insurance penetration. Agencies quoting a senior central bank official said, the RBI is likely to finalise the norms by next week. The notification will ...
January 4, 2014 10:07 AM
The rupee trimmed its initial losses but was still quoted lower by 9 paise to 62 rupees 35 paise per dollar in late morning deals on friday. The fall was attributed to the good demand for the US currency by banks and importers amid its higher value overseas.The rupee had resumed lower at 62 rupees 3...
January 4, 2014 10:07 AM
Falling for the third straight session, the Sensex at the Bombay Stock Exchange declined 37 points, to close at 20,851, on mild selling by investors, amid weak regional markets on friday. The Sensex had lost nearly 290 points in the previous two trading sessions. The Nifty at the National Stock Exch...
January 3, 2014 7:11 PM
Union Commerce Minister Anand Sharma today said his ministry is in the process of preparing a Cabinet note on Foreign Direct Investment norms for railways and Construction.He said the Government is mulling to revisit the gold import norms keeping in view of the demand and supply.Last year, the gover...
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