Sensex up by 242 points in afternoon trade

The Sensex at the Bombay Stock Exchange remained firm in afternoon trade, and stood 242 points, or 1.2 percent in positive territory, at 20,777 a short while ago. Earlier in morning deals, the Sensex had rallied 245 points, or 1.2 percent, to 20,780, on fresh buying by funds, ahead of second quarter...

Rupee trims gains but still up 10 paise at 62.31 vs Dollar

The rupee trimmed its initial gains but was quoted still higher by 10 paise to 62 rupees 31 paise against the American currency on fresh selling of dollars by exporters and banks in view of strong equity market. The domestic currency resumed higher at 62 rupees 30 paise per dollar as against the las...

Rupee up 14 paise to 62.27 vs Dollar

The rupee today gained 14 paise to 62.27 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters. Strengthening of the euro against the dollar overseas and a higher opening in the domestic equity market ahead of second quarter econo...

Sensex gains 240 points in late morning deals

The Sensex at the Bombay Stock Exchange, was up by 240 points to 20,770 in late morning deals. Earlier, the 30-share index opened up by 245 points as funds and investors made fresh buying ahead of second quarter economic growth data amid a mixed trend on other Asian Bourses. The wide-based National ...

Oil flat in Asian trade

Oil was flat in thin Asian tradetoday with investors increasingly concerned over growing US crudestockpiles. New York's main contract, West Texas Intermediate for January delivery, was up one cent at 92.31 dollars inmid-morning Asian trade. Brent North Sea crude for January eased four cents...

Argentina threatens oil cos operating off Falklands

Argentina has threatened oil businesses operating off the Falkland Islands with fines, confiscations and jail sentences for their executives. Argentina's embassy in London said new laws had been passed by the country's congress to clamp down on exploration it claims is in breach of...

Corporate Bond Market needs unified trading platform: SEBI Chairman

Market regulator SEBI has underscored the need for having a unified trading platform for corporate debt market. Speaking at an event organised by ratings agency Crisil in Mumbai yesterday, SEBI Chairman U K Sinha said that just like the Government securities has the Clearing Corporation of India pla...

BSE launches currency derivatives platform

Argentina threatens oil cos operating off Falklands with fines and jail for ececs

Argentina has threatened oil businesses operating off the Falkland Islands with fines, confiscations and jail sentences for their executives. Argentina's embassy in London said new laws had been passed by the country's congress to clamp down on exploration it claims is in breach of...

Tough questions for Ukraine Prez from EU leaders on not inking partnership deal

European leaders have been trying to convince Ukrainian President Viktor Yanukovych to reverse his decision, not to sign a partnership agreement with the European Union, EU. Mr. Yanukovych was attending an EU summit in Lithuania that was meant to be the culmination of efforts to reach-out, to form a...