Lanka Prez inaugurates C'wealth Biz Forum;High-level Indian delegation at meet

Sensex declines 80 points in late morning trade

Erasing its initial gains, the Sensex at the Bombay Stock Exchange was trading 80 points in the negative territory at 20,411 in late morning trade, when reports last came in. The 30-share index had opened 93 points in the green, on fresh buying by funds and retailers, ahead of industrial output data...

Rupee at 2-month low of 63.52 against Dollar<br/>

Falling for the fifth consecutive day, the rupee slipped by another 28 paise to trade at a 2-month low of 63 rupees, 52 paise against the dollar in early trade today. The fall was attributed to the demand for the US currency, even as capital flows continued into domestic stocks. The domestic currenc...

Sensex gains over 93 points in early trade

The BSE benchmark Sensex today recovered over 93 points in early trade on fresh buying by funds and retailers ahead of industrial output data. The 30-share index rose to over 20,584 points in early trade. The index had lost over 748 points in the previous five sessions. The wide-based National Stock...

No NOC for NRI investment in Fin firm : RBI

Sensex plunges 175 points to close at 20,491

Falling for the fifth straight session, the Sensex at the Bombay Stock Exchange dropped 175 points, or 0.9 percent, to close at a nearly four-week low of 20,491,on Monday. The Sensex fell on rupee weakness, amid concerns that the US Federal Reserve will soon start winding-down its monetary stimulus....

No NOC for share transfer from resident to non-residents if investee is in Fin services: RBI

Global recovery pushes October exports to two-yr high

Recovery in global markets helped the country post a 13.47 per cent increase in exports, the highest growth in the last two years, to USD 27.2 billion in October. The trade deficit last month, however, widened from September on account of rise in gold imports. Last time in September 2011, India&...

Rupee drops 77 paise to end at a nearly two-month low

At the interbank foreign exchange market, the rupee dropped 77 paise, to end at a nearly two-month low of 63.24 against the dollar.

Sensex plunges 175 points to close at 20,491

Falling for the fifth straight session, the Sensex at the Bombay Stock Exchange dropped 175 points, or 0.9 percent, to close at a nearly four-week low of 20,491, today. The Sensex fell on rupee weakness, amid concerns that the US Federal Reserve will soon start winding-down its monetary stimulus. Th...