Business

October 29, 2013 1:57 PM

Storage facilities across country required to check high food prices: NAFED MD

The Centre has taken several measures to increase agricultural productivity which is the only lasting solution to arrest food inflation. Talking on a phone-in programme of All India Radio, the Managing Director of the National Agriculture Marketing Federation of India Limited- NAFED, Sanjiv Chopra s...

October 29, 2013 1:44 PM

Sensex surges over 300 points after RBI's monetary policy review

Recovering from initial losses, the Sensex at the Bombay Stock Exchange had surged 314 points, or 1.5 percent, to 20,884 in afternoon trade a short while ago, after the Reserve Bank unveiled its monetary policy review. Earlier in the morning, however, the Sensex had fallen 39 points, or 0.2 per cent...

October 29, 2013 1:44 PM

Rupee weakens 14 paise to 61.66 against Dollar

The rupee today dropped by 14 paise to 61.66 rupees against the Dollar in late morning trade on sustained month-end demand for the US currency from importers in spite of persistent foreign capital inflows. The rupee resumed lower at 61.60 rupees per dollar as against the last closing level of 61.52 ...

October 29, 2013 1:04 PM

Sensex surges over 230 points on RBI rate changes

The Sensex at the Bombay Stock Exchange was up by 234 points to 20,804 in late afternoon trade. The rise was attributed to RBI's decision to hike repo rate and ease liquidity curbs by cutting MSF rate by same margin .Earlier, 30-shared index, was up by 65 points in late morning trade. The N...

October 29, 2013 11:52 AM

Sensex gains 65 points in late morning trade

The Sensex at the Bombay Stock Exchange was up by 65 points to 20,635 in late morning trade today due to persistent selling pressure in capital goods, realty, banking and power sectors. Earlier, 30-shared index, fell by 39 points in morning trade.The Nifty,at the National Stock Exchange, gained 36 p...

October 29, 2013 11:51 AM

Rupee loses 14 paise to 61.66 vs Dollar

The rupee today dropped by 14 paise to 61.66 rupees against the Dollar in late morning trade on sustained month-end demand for the US currency from importers in spite of persistent foreign capital inflows. The rupee resumed lower at 61.60 rupees per dollar as against the last closing level of 61.52 ...

October 29, 2013 11:17 AM

Rupee loses 16 paise to 61.68 vs Dollar; Sensex falls 38 points in early trade

The rupee today depreciated by 16 paise to 61.68 against the US dollar in early trade on the Interbank Foreign Exchange market due to increased demand for the US currency from importers ahead of the RBI's policy review meeting.Dealers attributed the rupee fall to a cautious approach adopted...

October 29, 2013 10:45 AM

Rupee gains 2 paise against dollar

The Indian rupee trimmed its initial gains against the American currency but was quoted still higher by two paise to 61.44 per dollar on mild selling of dollars by banks and exporters on the back of weakness of dollar overseas. The rupee resumed higher at 61.35 per dollar as against the last weekend...

October 29, 2013 10:45 AM

Sensex slips 113 points on investors' caution

Falling for the fifth straight session, the Sensex at the Bombay Stock Exchange declined 113 points, or 0.6 percent, to close at a nearly two-week low, at 20,570,on monday, on investors' caution ahead of Reserve Bank's monetary review policy. The Sensex had lost 211 points in the p...

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