Business

October 23, 2013 10:34 AM

Rupee strengthens 57 paise to 61.08 against Dollar

The rupee today strengthened by 57 paise to 61.08 against the dollar in early trade at the Interbank Foreign Exchange market as the greenback fell against other currencies overseas after the weak US jobs report fuelled hopes the Federal Reserve will keep its stimulus programme in place.Besides, incr...

October 23, 2013 10:33 AM

Sensex gains over 40 points in opening trade

The Sensex today rose over 40 points in early trade on emergence of selective buying by funds, largely in line with a firming trend on the other Asian bourses.The 30-share index gained 40 points, or 0.19 per cent, to 20,905 with consumer durables, realty, metal and power sector stocks leading the re...

October 23, 2013 9:56 AM

Sensex down marginally by 29 points at close

The Sensex at the Bombay Stock Exchange fell 29 points, or 0.1 percent, to close at 20,865, amid weak global cues, ahead of key US jobs data, on tuesday. The Nifty at the National Stock Exchange fell 2 points, to 6,203. Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.

October 23, 2013 9:55 AM

Sensex down marginally by 29 points at 20,865

The Sensex at the Bombay Stock Exchange fell 29 points, or 0.1 percent, to close at 20,865, amid weak global cues, ahead of key US jobs data, on tuesday. The Nifty at the National Stock Exchange fell 2 points, to 6,203. Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.

October 23, 2013 9:54 AM

Cuba to scrap 2 currency system in latest financial reform

Cuba is to scrap its two-currency system in the latest financial reform rolled out by President Raul Castro. Since 1994 Cuba has had two currencies, one pegged to the US dollar and the other worth only a fraction of that. The more valuable convertible peso CUC was reserved for use in the tourism sec...

October 23, 2013 9:54 AM

EU to hold fresh accession talks with Turkey

European Union governments have decided to hold a new round of accession talks with Turkey on 5th November after Germany dropped its opposition over Ankara's crackdown on anti-government protests earlier this year. EU enlargement commissioner Stefan Fuele said the 28-member bloc's ...

October 22, 2013 9:02 PM

NSEL defaulter MD of NK Proteins arrested

Managing Director of NK Proteins Ltd, one of the biggest defaulters of the beleaguered National Spot Exchange Ltd (NSEL) was arrested today in Mumbai. Speaking to media persons in Mumbai today Additional Police Commissioner of Economic Offences Wing (EOW) Rajvardhan Sinha said that NK Proteins was t...

October 22, 2013 9:01 PM

SAT upholds Sebi's order against Angel Broking

The Securities Appellate Tribunal (SAT) today upheld Sebi's order against Angel Broking in a case related to fraudulent trade practices in Sun Infoway shares.Earlier this year, the Securities and Exchange Board of India (Sebi) had barred Angel Broking from taking up any new assignments for ...

October 22, 2013 9:00 PM

Cuba to scrap its two-currency system

Cuba is to scrap its two-currency system in the latest financial reform rolled out by President Raul Castro. Since 1994 Cuba has had two currencies, one pegged to the US dollar and the other worth only a fraction of that. The more valuable convertible peso CUC was reserved for use in the tourism sec...

October 22, 2013 5:12 PM

Sensex down marginally by 29 points at 20,865

The Sensex at the Bombay Stock Exchange fell 29 points, or 0.1 percent, to close at 20,865, amid weak global cues, ahead of key US jobs data, today. The Nifty at the National Stock Exchange fell 2 points, to 6,203. Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.

Most Read

View All arrow-right

No posts found.