Sensex surges over 310 points in afternoon trade <br/>

The Sensex at the Bombay Stock Exchange gained 314 points to 20,729 in afternoon trade. Earlier 30-share index, rose by 118 points in early trade today on fresh buying by funds amid a firming trend on other Asian bourses. The Nifty at the National Security Exchange also moved up by 93 points to 6,13...

Oil production in Brazil hit by stir against auction of offshore field

Oil production in Brazil has been disrupted by a strike against a planned auction for rights to explore a huge offshore oil-field near Rio de Janeiro. 42 platforms and several refineries have been affected. Union leaders say 90 per cent of employees of the state oil company, Petrobras joined the str...

Sensex gains over 300 points in late morning deals

The Sensex at the Bombay Stock Exchange gained 307 points to 20,722 in late morning deals. Earlier 30-share index, rose by 118 points in early trade today on fresh buying by funds amid a firming trend on other Asian bourses. The Nifty at the National Security Exchange also moved up by 92 points to 6...

Rupee rallies to 2-month high of 60.92 vs Dollar<br/>

Rupee rallied to a two-month high of 60 rupees 92 paise against the US dollar in late morning deals today on persistent selling of the US dollar by banks and exporters on the back of sustained capital inflows from foreign funds. The domestic currency resumed higher at 61 rupees 19 paise per dollar a...

Govt stimulus spurs China growth spurt after 2 year slowing<br/>

Official figures in China say the country&apos;s annual economic growth rate has increased after slowing for the previous two quarters. The National Bureau of Statistics shows the economic growth at an annual rate of 7.8 per cent between July and September, up from 7.5 per cent in the previous q...

Former Grameen Bank Managing Director and Nobel Laureate Muhammad Yunus has criticized the Bangladesh government&apos;s move to bring the microfinance institution under supervision of Bangladesh Bank. He said, the bank belongs to the people and the government&apos;s move to control it will d...

The Reserve Bank will shortly issue Rs 10 denomination banknotes with rupee symbol bearing the signature of new governor Raghuram Rajan. As per RBI notification, it will issue these bank notes incorporating rupee symbol on the obverse and reverse, without inset letter in both the numbering panels, i...

Rupee gains 13 paise to quote at 61.10 vs Dollar in early trade

The rupee rose by 13 paise to 61.10 in early trade at the Interbank Foreign Exchange market today on increased selling of the US currency by exporters and banks. A higher opening in the domestic equity market also influenced the rupee sentiment. The local currency had its biggest gain in two weeks, ...

Sensex gains 118 points amid firming trend on Asian bourses<br/>

Snapping its two-day losing streak, the BSE benchmark Sensex rose by 118 points in early trade today on fresh buying by funds amid a firming trend on other Asian bourses. The 30-share barometer, which had lost over 192 points inthe previous two sessions, rose 118 points to 20,533 points with consume...

Rupee gains 60 paise to 61.23 against dollar<br/>

Posting its biggest single-day gain in two weeks, the rupee rose 60 paise, to 61.23 against the dollar. The rupee gained 22 paise to 61.61 per dollar in late morning trade today on selling of the US currency by banks and exporters amid hopes of more foreign capital inflows into equity market.