BIE to select host city for EXPO 2020 in Paris this evening

First Islamic Bank in Eurozone to come up in Luxembourg

A host of private investors from GCC countries, including a royal family from the UAE have planned to set up the first full-fledged Islamic bank in the euro zone. The Eurisbank will come up in Luxembourg during the last quarter of 2014. An announcement to this effect was made on the sidelines of Glo...

Sensex declines by 42 points in afternoon deals

The Sensex at the Bombay Stock exchange fell 42 points in late morning deals.The 30-share index which recovered by 34 points in its opening session, lost 42 points to trade at 20,382 when reports last came in. The National Stock Exchange, Nifty was down by 17 points to 6,041 a short while ago.

Rupee up 15 paise to 62.35 vs Dollar in late morning trade

The rupee gained 15 paise to 62 rupees 35 paise against the dollar in late morning trade on fresh selling of the Greenback by banks amidst lower dollar overseas.The rupee resumed higher at 62 rupees 45 paise per dollar as against the last closing level of 62 rupees 50 paise to a dollar and firmed up...

Rupee gains 18 paise to 62.32 vs Dollar in early trade

The rupee appreciated by 18 paise to 62.32 against the dollar in early trade today on selling of the US currency by exporters.The rupee had closed steady at 62.50 against the dollar yesterday.The Sensex at the Bombay Stock Exchange today rose by 34 points, to 20,459.

Sensex gains 34 points in opening trade

Sensex recovered by nearly 34 points in early trade today on fresh buying by funds and retail investors. The 30-share index, which had lost 180 points in theprevious session, recovered by 0.17 per cent, to 20,459.The National Stock Exchange Nifty inched up by 2.25 points to 6,061.35. Consumer durabl...

Oil pipeline blast: 9 people including China oil co employees held

Nine people, including seven officials of China's state-owned top oil firm Sinopec have been taken into custody by the police in connection with thelast week's oil pipeline leakage and blasts resulting in the death of 55 people in coastal city of Qingdao. Seven of those who were de...

Oil pipeline blast: 9 people including China oil co Sinopec employees arrested

Nine people, including seven officials of China's state-owned top oil firm Sinopec have been taken into custody by the police in connection with thelast week's oil pipeline leakage and blasts resulting in the death of 55 people in coastal city of Qingdao. Seven of those who were de...

US maintains Iran-Pak pipeline construction will attract sanctions

America's stand on the multibillion Iran-Pakistan gas pipeline has not changed despite the recent relaxation of sanctions on the Islamic republic after an agreement between Tehran and P5+1 countries.The US has maintained that construction of the pipeline would attract sanctions from America...

Weather may affect price trends of food in regions including India: WB

The World Bank has said that adverse weather conditions may affect food price trends in some regions, including India. The multilateral lender said, even though international prices of food continued to decline between June and October this year, it still remains high. It said that deteriorating wea...