Business

December 18, 2013 11:45 AM

Rupees gains 17 paise against dollar

The rupee gained 17 paise to 61.84 against the dollar in early trade today at the Interbank Foreign Exchange market on selling of the US currency by exporters ahead of the RBI's policy review. The rupee had lost 28 paise to close at 62.01 against the dollar in yesterday's trade on ...

December 18, 2013 11:44 AM

Sensex up by 58 pts during early trading

The Sensex at the Bombay Stock Exchange recovered by 58 points to 20,670 in early trade today on emergence of buying by funds and retail investors ahead of the RBI's policy review. The wide-based National Stock Exchange index Nifty moved up by 19 points 6,158

December 18, 2013 9:33 AM

Sahara approaches SAT against SEBI penalty

Sahara group has approached the Securities Appellate Tribunal (SAT) on Tuesday with a fresh appeal against Securities and Exchange Board of India challenging penalty proceedings initiated by the regulator against Sahara India Real Estate Corporation Ltd (SIRECL). The Tribunal adjourned till Monday t...

December 18, 2013 9:25 AM

Cap on TV ads: Delhi HC admits news b'casters plea

The Delhi High Court has directed Telecom Regulatory Authority of India, TRAI not to take any coercive action against news broadcasters in the case related to cap on advertisements on television channels. A bench of Chief Justice N V Ramana and Justice Manmohan yesterday admitted the news broadcaste...

December 18, 2013 9:20 AM

RBI takes several steps to contain rising bad loans

RBI has proposed a slew of measures to contain rising bad loans, which is likely to touch 3 trillion rupees mark this fiscal. These include incentives to banks for tackling an account timely and penalising borrower with higher interest in future for non-cooperation for a resolution.In a discussion p...

December 18, 2013 9:18 AM

Cap on TV ads: Delhi HC directs TRAI not to take action against news b'casters

The Delhi High Court has directed Telecom Regulatory Authority of India, TRAI not to take any coercive action against news broadcasters in the case related to cap on advertisements on television channels. A bench of Chief Justice N V Ramana and Justice Manmohan yesterday admitted the news broadcaste...

December 17, 2013 7:36 PM

Gold drops 280 rupees in Delhi

Gold dropped 280 rupees, to 30,400 rupees per ten grams in Delhi. But silver surged 1,080 rupees, to 45,080 rupees per kilo.And Brent crude oil future slipped below 109 dollars a barrel, while US crude shed 28 cents, to 97.20 dollars a barrel.

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