Sensex down 54 points in afternoon trade

The Sensex at the Bombay Stock Exchange had lost 54 points, or 0.3 percent, to 20,840 in afternoon trade, a short while ago. Earler in morning deals, the Sensex had fallen 32 points, or 0.2 per cent, to 20,862 as funds and retail investors booked profits after recent gains. The Sensex had climbed 47...

Internet Founder in sat-chat to open Dubai meet on leveraging digital media

Bangladesh government and the International Labour Organisation are launching a 24-million dollar initiative today to improve building and fire safety standards in the country's clothing industry. The announcement follows a series of disasters, including the collapse of a textile factory co...

Rupee continues fall; slips 22 paise to 61.74 vs Dollar

Rupee continued to fall for third trading day today, slipping 22 paise to 61.74 per dollar on sustained demand for the US currency from importers and banks amidst its higher value overseas inspite of good foreign capital inflows.The rupee resumed lower at 61.71 per dollar as against the last closing...

Sensex recovers 31 points in late morning trade

The BSE Sensex recovered by 31 points in late morning trade today on fresh buying in IT, power, tech and PSU sector stocks on the back of persistent capital inflows from foreign funds.The BSE-30 share barometer resumed lower at 20,863points and moved down further to 20,849. on initial selling in vie...

Rupee loses 27 paise to quote at 61.79 vs Dollar

The rupee lost 27 paise to 61.79 rupees against the US dollar in early trade today on the Interbank Foreign Exchange due to appreciation of the Greenback against other overseas currencies. Increased demand for the dollar from importers and banks also put pressure on the local currency. Dealers attri...

Sensex falls 32 points in early trade

The BSE benchmark Sensex today slipped from an almost three-year high by falling nearly 32 points in early trade as funds and retail investors booked profits after recent gains amid a weak trend in other Asian markets.The 30-share barometer declined by 0.15 per cent, to 20,862. The index had gained ...

TARC to submit periodic reports to govt: Shome

Tax Administration Reform Commission (TARC), set up by the Finance Ministry to suggest measures to prevent economic offences among other things, held its first meeting in New Delhi on Monday. The Chairman of the Commission, Parthasarathi Shome told reporters after the meeting that TARC will submit i...

Rupee loses 27 paise to quote at 61.79 vs Dollar, sensex dips 32 points

The rupee lost 27 paise to 61.79 rupees against the US dollar in early trade today on the Interbank Foreign Exchange due to appreciation of the Greenback against other overseas currencies. Increased demand for the dollar from importers and banks also put pressure on the local currency. Dealers attri...

Rupee falls 26 paise against dollar

The rupee fell 26 paise to 61.53 against the US currency in monday morning trade on sustained dollar demand from importers and banks amid volatility in equity markets. The rupee resumed lower at 61.35 per dollar as against the last weekend's level of 61.27 at the Interbank Foreign Exchange ...