Business

December 24, 2013 12:05 PM

Sensex gains 24 points in late morning trade

The benchmark BSE Sensex was trading 24 points up at 21,125 a short while ago. It rose by 56 points to 21,157 in early trade today on sustained buying by funds amid a firm trend on other Asian bourses. The Nifty was also trading 12 points up at 6,296, a short while ago.

December 24, 2013 10:14 AM

Rupee strengthens by 12 paise to 61.83 vs Dollar

Extending its rising streak for the third straight day, the rupee strengthened by 12 paise to 61.83 against the dollar in early trade today at the Interbank Foreign Exchange market on increased selling of the US currency by exporters.The rupee had gained 9 paise to close at one-week high of 61.95 ag...

December 24, 2013 10:14 AM

Sensex gains 56 points in early trade

The benchmark BSE Sensex rose by 56 points to 21,157 in early trade today on sustained buying by funds amid a firm trend on other Asian bourses.The wide-based Nifty of the National Stock Exchange moved up by 16 points to 6,301.In other Asian markets, Hong Kong's Hang Seng rose by 1 per cent...

December 24, 2013 10:13 AM

Enzymes to aid development of second gen biofuels for vehicles

In a breakthrough, scientists from the University of York have discovered a family of enzymes that will help develop effective second generation biofuels to be used in vehicles. The use of 'difficult-to-digest' sources, such as plant stems, wood chips, cardboard waste or insect she...

December 24, 2013 10:06 AM

Taking forward issues of cooperationbetween India and Egypt, Secretary, East, in the Ministry of External Affairs had broad ranging discussions with Egyptian representatives in Cairo during his two-day visit to Egypt. There was specific focus on building political conversations between India and Egy...

December 24, 2013 10:06 AM

Egypt Central bank freezes accounts of over 1000 NGOs

The Central Bank of Egypt has frozen the bank accounts of 1,055 non-governmental organizations following a decision by the Cairo Court for Urgent Matters. According to reports, some of the NGOs are linked to the Muslim Brotherhood. The reason for freezing the accounts and the value of the frozen fun...

December 23, 2013 7:14 PM

Banking sector has achieved tremendous growth: Chidambaram

Union Finance Minister P Chidambaram has said that the banking sector in the country has achieved tremendous growth in the last ten years under the UPA rule. Persons Speaking on the occasion of the 103rd Foundation Day of public sector Central bank of India at Madurai Tamil Nadu today, he said there...

December 23, 2013 7:04 PM

Controlling inflation remains our priority: RBI

The Reserve Bank of India has said that controlling inflation remains it's priority. Talking to TV Channels, the RBI Governor Raghuram Rajan said that the Central Bank will wait for next set of data on inflation and industrial growth before taking a call on interest rates. The government wi...

December 23, 2013 5:40 PM

Sensex marginally up by 21 points

The Sensex at the Bombay Stock Exchange closed with a slim gain of 21 points, or 0.1 percent, at 21,101, today. The Nifty at the National Stock Exchange rose 10 points, or 0.2 percent, to 6,285.

December 23, 2013 2:35 PM

Sensex gains over 50 points in afternoon trade

Trimming its initial gains, the Sensex at the Bombay Stock Exchange stood 53 points, or 0.3 percent in positive territory, at 21,133 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had gained 105 points, or 0.5 per cent, to 21,185 on fresh buying by funds and retail investo...

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