Business

October 15, 2013 12:17 PM

Rupee loses 9 paise to quote at 61.64 against Dollar

Moving in line with the equity market, the Indian rupee washed out earlier gains against the US currency and was quoted 9 paise down at 61.64 rupees on fresh dollar demand from banks and importers due to lower dollar in overseas.The rupee gained higher value at 61.35 rupees per dollar as against the...

October 15, 2013 12:16 PM

Sensex down 81 points in late morning trade

The Sensex at the Bombay Stock Exchange washed out earlier gains and was quoted lower by 81 points to 20,527 in late morning trade today. The fall attributed by fresh selling, mainly in banking, auto, FMCG and capital goods counters. Earlier, the 30- share index rose nearly 143 points in early trade...

October 15, 2013 11:56 AM

US shutdown: Senate optimistic on raising debt limit to avert default

US Senate leaders have expressed optimism after a flurry of negotiations on raising the federal debt ceiling to avert a potentially disastrous default. Following talks with his Republican counterpart, the Senate's top Democrat spoke of tremendous progress. Congressional sources said, they w...

October 15, 2013 11:05 AM

Rupee recovers by 23 paise to 61.32 vs Dollar

Rupee recovered by 23 paise to 61 rupees, 32 paise against the Dollar in early trade today at the Interbank Foreign Exchange following selling of the American currency by exporters and banks.The rupee had lost 48 paise to close at 61 rupees, 55 paise against the Dollar in yesterday's trade ...

October 15, 2013 11:04 AM

Sensex gains 143 points in early trade

The BSE benchmark Sensex rose nearly 143 points in early trade today with Reliance Industries leading the rally as it posted better-than-expected second quarter earnings. Besides, a firming trend in the global markets also buoyed the trading sentiment here. The 30-share index, which had gained over ...

October 15, 2013 10:32 AM

Rupee down 17 paise against dollar

The rupee lost 17 paise to 61.24 against the dollar in late monday morning trade on good demand for the US currency from banks and importers on the back of higher greenback overseas. The rupee resumed lower at 61.15 per dollar as againstthe last weekend's level of 61.07 at the Interbank For...

October 15, 2013 10:31 AM

Sensex up by 79 points

Rising for the fifth straight session, the Sensex at the Bombay Stock Exchange gained 79 points, or 0.4 percent, to 20,608, on monday. The Sensex had gained 633 points in the previous four trading sessions. The Nifty at the National Stock Exchange rose 17 points, or 0.3 percent, to 6,113.Stock marke...

October 15, 2013 10:08 AM

US debt default: IMF warns of global economic turbulence if no deal

White House talks on raising the U.S debt limit, before it expires this week, have been delayed to allow lawmakers more time to hammer out a deal. President Obama was scheduled to meet top Republican and Democratic Party chieftains at the White House yesterday. Democratic and Republican lawmakers ar...

October 14, 2013 5:46 PM

Gold spurts Rs 575 to Rs 30,775 per ten grams<br/>

Gold spurted 575 rupees, to 30,775 rupees per ten grams at Delhi&apos;s bullion market, on Monday, on increased buying by retail customers for the ongoing marriage and festival season, amid a firm global trend. Silver advanced 680 rupees, to 47,570 rupees per kilo, on emergence of buying by indu...

October 14, 2013 5:46 PM

Sensex up by 79 points

Rising for the fifth straight session, the Sensex at the Bombay Stock Exchange gained 79 points, or 0.4 percent, to 20,608, today. The Sensex had gained 633 points in the previous four trading sessions. The Nifty at the National Stock Exchange rose 17 points, or 0.3 percent, to 6,113.Stock markets i...

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