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December 9, 2013 12:26 PM
The Sensex at the Bombay Stock Exchange was trading 316 points in the positive territory, at 21,312 in late morning trade, when reports last came in. The 30-share index had surged by 487 points in opening trade today, to hit a new record high of 21,484.The Nifty at the National Stock Exchange was tr...
December 9, 2013 12:26 PM
The rupee was trading up by 32 paise, at 61 rupees, 9 paise against the dollar in late morning deals. Earlier, the domestic currency had opened 51 paise higher at nearly a four-month high of 60 rupees, 90 paise.The gain was attributed to persistent selling of the American currency by banks and expor...
December 9, 2013 11:24 AM
Extending its rising streak for the fourth straight day, the rupee appreciated by 51 paise to trade at nearly four-month high of 60.90 against the dollar in early trade today. Besides, a higher opening in the domestic equity market and strengthening of other currencies against the dollar overseas, a...
December 9, 2013 10:05 AM
Sensex surged by 487 points to hit new record high of 21,484 points today. Nifty jumped 155 points to 6,415 points in opening trade. Rupee hit almost four-month high by rising 51 paise to 60.90 against dollar.
December 7, 2013 9:00 PM
India's Foreign Exchange Reserves have surged to six month high of 291.30 billion dollars as on the week ended 29th of November. The increase is on account of strong dollar inflows because of concessional swap facilities by the Reserve Bank of India.The RBI has offered discounted swap rates...
December 7, 2013 8:56 PM
The government has modified the FDI policy allowing unlisted companies to directly list on stock exchanges abroad. The move will facilitate raising of funds for acquisitions or clearing overseas debts. It may help India in containing its high current account deficit. Presently, unlisted companies ar...
December 7, 2013 8:55 PM
The Supreme Court on Friday made it clear that it would quash the Jet-Etihad Airways deal if there are any irregularities in it.The apex court also issued notice to Centre on a plea for putting on record a memo sent by PMO to the Corporate Affairs Ministry in which the PMO had allegedly raised serio...
December 7, 2013 8:53 PM
Insurance giant Life Insurance Corporation (LIC) has decided to stopselling as many as 34 policies, including Jeevan Anand, Jeevan Madhurand Jeevan Saral, to comply with new regulatory guidelines.These policies are withdrawn in December as they are not in conformitywith the provisions of new regulat...
December 7, 2013 2:20 PM
The Sensex at the Bombay Stock Exchange gained 39 points, or 0.2 percent, to close at 20,997 on Friday. The Nifty at the National Stock Exchange rose 19 points, or 0.3 percent, to 6,260.Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.
December 7, 2013 2:11 PM
The Sensex at the Bombay Stock Exchange gained 39 points, or 0.2 percent, to close at 20,997,on friday. The Nifty at the National Stock Exchange rose 19 points, or 0.3 percent, to 6,260.Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.
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