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November 20, 2013 1:39 PM
The Indian rupee slipped by 13 paise, to 62.49 rupees per US dollar after initial gains on fresh bouts of dollar demand from banks and importers.The rupee resumed higher at 62.25 rupees per dollar as against the last closing level of 62.36 rupees per dollar on initial selling of dollars by banks and...
November 20, 2013 1:16 PM
The Sensex at the Bombay Stock Exchange fell by 32 points, to 20,859 in late afternoon trade. Earlier, 30-share barometer fell over by 113 points in late early trade due to modest profit-selling, mainly in banking, IT, Technology and capital goods counters amid weak global cues despite persistent ca...
November 20, 2013 11:45 AM
In Bangladesh, at least 80 people were injured as readymade garment workers clashed with the police yesterday in the industrial belt of Gazipur, Savar and Ashulia, demanding a minimum wage of 8100 takas. About 50 garment factories have been closed because of the agitation and clashes. The workers ag...
November 20, 2013 11:44 AM
In Egypt, efforts to draft the new Constitution of the country met with a setback as trade union representatives resigned from the 50-member Constitution drafting panel.The Head of the state-controlled Egyptian Trade Union Federation, Abdel-Fattah Ibrahim said, the step has been taken in opposition ...
November 20, 2013 10:13 AM
The rupee gained 11 paise to 62.25against the dollar in early trade today, maintaining itsuptrend for the fifth straight day at the Interbank Foreign Exchange market on continued selling of the US currency by exporters. Dollar's weakness against other overseas currencies, after US Federal R...
November 20, 2013 9:49 AM
The Mumbai police have attached all 166 properties of defaulters related to the National Spot Exchange Ltd -NSEL scam. About 166 properties including residences, offices, industrial units and lands of defaulters or borrowers have been attached. So far, the Economic Offences Wing has arrested five pe...
November 20, 2013 9:49 AM
RBI has directed banks to provide credit to Women Self Help Groups at a rate of 7 per cent per annum so as to get the benefit of interest subvention under the Swarnajayanti Gram Swarozgar Yojana. In a notification, RBI said that subvention will be available to all the Public Sector Banks and regiona...
November 20, 2013 9:03 AM
The Saudi Arabia Interior Minister Prince Mohammed bin Nayef has said that the Kingdom has deported more than 60,000 illegal foreign workers in a crackdown over the past fortnight. He told in Riyadh yesterday that the deportations have taken place for the violation of the residency visa and the labo...
November 20, 2013 9:01 AM
The American bank JP Morgan has agreed to a record settlement of 13 billion dollars with US regulators for misleading investors during the housing crisis. The bank has been under investigation for selling risky mortgage securities to investors who were unaware that the securities often contained fau...
November 20, 2013 9:00 AM
Rupee ends at 62.36 against dollar, up 5 paise. Rupee gained 13 paise, to 62 rupees, 28 paise against the dollar in Tuesday morning trade on selling of dollars by banks and exporters on the back of sustained capital inflows into equity market by foreign funds amidst firm equities.
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