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November 13, 2013 6:06 PM
Seeking to calm currency markets, the Reserve Bank today said the current account deficit in 2013-14 will be 56 billion USD which is much lower than the quantum projected earlier and there is no fundamental reason for rupee depreciation. The RBI Governor Raghuram Rajan was today speaking at a hurrie...
November 13, 2013 5:10 PM
Extending its losses for the seventh straight session, the Sensex at the Bombay Stock Exchange dropped 88 points, or 0.4 percent, to close at 20,194, today, amid worries about a possible interest rate hike by the Reserve Bank, and fresh talk of the US Federal Reserve looking at tapering its monetary...
November 13, 2013 4:48 PM
Gold declined 315 rupees, to 31,500 rupees per ten grams at Delhi's bullion market, today, on heavy selling by stockists, driven by a weak global trend. Silver lost 850 rupees, to 48,000 rupees per kilo, on reduced offtake. Silver coins tumbled 1,000 rupees, to 85,000 rupees for buying 100 ...
November 13, 2013 4:47 PM
The Sensex at the Bombay Stock Exchange trimmed much of its initial losses in afternoon trade, to stand just 4 points in negative territory, at 20,278, amid very volatile trade, a short while ago. Earlier in the morning, the Sensex had declined 54 points, or 0.3 per cent, to 20,228, on sustained sel...
November 13, 2013 3:09 PM
In Bangladesh, garment workers at Savar clashed with the police today injuring around 100 more people including pedestrians. The unrest led management to close down 25 more factories today, after work in 150 units was suspended yesterday in the Ashulia industrial belt due to clashes which injured ov...
November 13, 2013 2:36 PM
The Sensex at the Bombay Stock Exchange trimmed much of its initial losses in afternoon trade, to stand just 4 points in negative territory, at 20,278, amid very volatile trade, a short while ago. Earlier in the morning, the Sensex had declined 54 points, or 0.3 per cent, to 20,228, on sustained sel...
November 13, 2013 2:33 PM
Government has introduced Risk Managment System, RMS to enhance trade fecilitation in export sector and to check smuggling of drugs, weapons and other illegal substances harmful to the country. Inaugurating the system today in New Delhi Finance Minister P. Chidambaram said that RMS will enable the E...
November 13, 2013 2:25 PM
The rupee recovered from initiallosses, but was still quoted down by two paise at 63.73 against the dollar in late morning trade. This follows mild demand for the US currency from banks and importers.The rupee resumed lower at 63.90 as against the previous close of 63.71 at the Interbank Foreign Exc...
November 13, 2013 2:24 PM
The Sensex at the Bombay Stock Exchange trimmed much of its initial losses in afternoon trade, to stand just 4 points in negative territory, at 20,278, amid very volatile trade, a short while ago. Earlier in the morning, the Sensex had declined 54 points, or 0.3 per cent, to 20,228, on sustained sel...
November 13, 2013 2:21 PM
The Sensex at the Bombay Stock Exchange trimmed much of its initial losses in afternoon trade, to stand just 4 points in negative territory, at 20,278, amid very volatile trade, a short while ago. Earlier in the morning, the Sensex had declined 54 points, or 0.3 per cent, to 20,228, on sustained sel...
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