Business

November 18, 2013 2:12 PM

Sensex gains over 340 points in noon trade

The Sensex at the Bombay Stock Exchange surged 341 points, or 1.7 percent, to 20,741, today, in the afternoon trade, a short while ago, on sustained buying by funds, amid firm Asian markets. The Sensex jumped following the Federal Reserve chief nominee, Janet Yellen's testimony on Thursday,...

November 18, 2013 12:13 PM

Sensex up by nearly 350 points in noon trade

The BSE Sensex which gained 302 points in the early trade, was trading up by nearly 350 points, to 20,733, in late morning trade today.The Nifty gained around 95 points and was trading at 6,151 points.

November 18, 2013 11:59 AM

Rupee rises 31 paise against dollar

The rupee maintained its firm trend for the third day in a row in late morning trade by gaining 31 paise, to 62.80 per dollar. It follows on persistent selling by exporters and banks on the back of a weak dollar overseas amidst strong equity market. Sustained foreign capital inflows into equity mark...

November 17, 2013 9:11 PM

Dubai Airshow begins<br/>

Dubai Airshow kicked off with aircraft and engines purchase deals worth $192 billion on the opening day at Dubai World Central on Sunday.Emirates airline took the lead by placing an order for 150 Boeing 777X aircraft.These include 35 Boeing 777-8Xs and 115 Boeing 777-9Xs. It has also acquired purcha...

November 15, 2013 8:36 PM

Finance Minister P Chidambaram has asked investigative agencies not to question every business decision as motivated or malicious. He said it will adversely affect the industry and investment environment. He was speaking at Bancon 2013 in Mumbai today.Chidambaram also assured bankers that government...

November 15, 2013 8:00 PM

Pak pitches for Most Favoured Nation status for India

Pakistani trade delegation has pitched for Most Favoured Nation status for India. The delegation has also strongly advocated for a liberalised visa regime to boost bilateral trade.The delegation led by President Federation of Pakistan Chambers of Commerce and Industry President Zubair Ahmed Malik is...

November 15, 2013 7:29 PM

Gold up Rs 105 in Delhi market

Gold rose 105 rupees, to 31,825 rupees per ten grams, at Delhi&apos;s bullion market today, on wedding demand amid a firm global trend. Silver remained steady at 48,000 rupees per kilo. Silver coins continued to be sold at 86,000 for 100 pieces.

November 15, 2013 6:33 PM

Govt announces provision for higher sugar export

Government has announced a provision for higher sugar export with domestic production becoming surplus. It relaxed a condition for exports of sugar by doubling the limit on overseas shipments that sellers can register.The Directorate General of Foreign Trade has announced that the limit has now been...

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