Libya oil exports plunge on armed blockades of terminals

Libyan Prime Minister, Ali Zidan has said that continued armed blockades of oil terminals in Libya has plunged the country into a financial crisis. Mr. Zidan told journalists in Tripoli that as a result, Libya is now exporting less than a quarter of its production capacity.

Dubai to host EXPO 2020

165 member nations of the Bureau International des Expositions, BIE have voted in favour of Dubai to be the host city for the World Trade Fair or the EXPO 2020. This was decided after the third and the final round of voting in Paris last night. Four cities including Dubai in UAE, Yekaterinbergh in R...

SBI graft case: NPA rise not due to corrupt practices says Fin'l Services Secy Takru

BSE to launch currency derivatives segment on Friday

The Bombay Stock Exchange - BSE will launch its currency derivatives segment on Friday. It has informed that initially, it will not levy any transaction charges for trading in Currency and Interest Rate Derivatives, however, trading members would have to make a onetime contribution of Rs 250 towards...

Rupee up 36 paise, to close at 62.14 vs dollar

The rupee appreciated 36 paise, to close at 62.14 against the dollar on fresh selling of the Greenback by banks amidst lower dollar overseas.

RBI: Tata Sons Ltd withdraws application for bank licence

Sensex down 5 points to close above 20,000 mark

The Sensex at the Bombay Stock Exchange closed with a marginal loss of 5 points, at 20,420, today, ahead of the monthly expiry in the derivatives segment. The Nifty at the National Stock Exchange fell 2 points, to 6,057.Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.

Sensex falls 65 points in afternoon trade

Giving up all its initial gains, the Sensex at the Bombay Stock Exchange stood 65 points, or 0.3 percent in negative territory, at 20,360 in afternoon trade, a short while ago. But earlier in the morning, the Sensex had gained 34 points, or 0.2 per cent, to 20,459, on fresh buying by funds and retai...

Sensex loses 28 points in afternoon trade

The Sensex at the Bombay Stock exchange was down by 28 points in afternoon trade.The 30-share index which fell by 42 points in its previous session, dropped another 28 points to trade at 20,396 when reports last came in. Earlier, it recovered by 34 points in its opening session.The National Stock Ex...

Health insurance certificate mandatory for Dubai visa

Dubai Government has made it compulsory for all residents and visitors to have health insurance by their employers or sponsors. Henceforth visas will be granted or renewed only on production of health insurance certificate. An announcement to this effect has been made by the Dubai Health Authority. ...