Business

January 1, 2014 5:30 PM

Sensex slips by 30 points; Closes at 21,140e

The Sensex at the Bombay Stock Exchange fell 30 points, or 0.1 percent, to close at 21,140, on the first day of 2014, today. The Nifty at the National Stock Exchange dropped 2 points, to 6,302.

January 1, 2014 1:49 PM

Sensex trims initial gains; up 7 points in afternoon trade

Trimming most of its initial gains, the Sensex at the Bombay Stock Exchange stood just 7 points in the positive zone, at 21,178 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened the first trading day of 2014 on a positive note, climbing 53 points, to 21,22...

January 1, 2014 12:01 PM

Sensex trading flat in late morning trade

Trimming its initial gains, the Sensex at the Bombay Stock Exchange declined 1 point at 21,168 points a short while ago. Earlier, it opened on a positive note on the first trading day of 2014 and gained 53 points on increased buying by funds and retail investors.The Nifty at the National Stock Excha...

January 1, 2014 11:56 AM

Latvia joins Eurozone

Lativa has begun the New Year by joining the Euro Zone. It is the 18th member of the group which uses the Euro as its currency. Lativa has become the European Union's fastest growing economy. The Euro became Latvia's official currency after midnight local time on Tuesday. However, ...

January 1, 2014 11:44 AM

Rupee down 16 paise to 61.96 against Dollar in late morning trade

The rupee dropped 16 paise to 61.96 against the US currency in late morning trade on good dollar demand from banks and importers.The Indian unit resumed lower at 61.83 per dollar as against the last closing level of 61.80 at the Interbank Foreign Exchange market and dropped further to 61.97 before q...

January 1, 2014 11:43 AM

Sensex opens up 53 points on first trading day of 2014

Stock markets opened on a positive note on the first trading day of 2014. The benchmark BSE Sensex gained 53 points to 21,223 in early trade today on increased buying by funds and retail investors.The broad-based National Stock Exchange index Nifty rose 13 points to 6,317.The US Dow Jones Industrial...

January 1, 2014 9:43 AM

B'desh garment factory fire: Warrant issued for fugitive owner

A Bangladesh court has issued an arrest warrant for a fugitive garment factory owner on homicide charges for the deaths of 112 workers in a fire last year. Last week, police laid charges against Delwar Hossain, his wife and 11 employees of Tazreen Fashions, a rare step in a country where critics com...

January 1, 2014 9:43 AM

No work restrictions for Romanians, Bulgarians in EU from today

Citizens of Romania and Bulgaria can work without restrictions across the European Union from today. Transitional controls were imposed by some member states on nationals of the two countries, the poorest in the bloc, when they joined the EU in 2007. Their rights to work and claim benefits were limi...

January 1, 2014 9:32 AM

Romanians and Bulgarians can work without restrictions in EU from today

Citizens of Romania and Bulgaria can work without restrictions across the European Union from today. Transitional controls were imposed by some member states on nationals of the two countries, the poorest in the bloc, when they joined the EU in 2007. Their rights to work and claim benefits were limi...

January 1, 2014 9:30 AM

B'desh garment factory fire: In rare step warrant issued for fugitive owner

A Bangladesh court has issued an arrest warrant for a fugitive garment factory owner on homicide charges for the deaths of 112 workers in a fire last year. Last week, police laid charges against Delwar Hossain, his wife and 11 employees of Tazreen Fashions, a rare step in a country where critics com...

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