Sensex rallies by 192 points to hit 3-week high

The BSE benchmark Sensex rallied by 192 points to hit a 3-week high in late morning trade today. This was on persistent buying in IT, tech, realty, auto and capital goods in view of good second quarter results announced by IT major Infosys coupled with sustained foreign capital inflows. The NSE 50-s...

US shutdown: Republicans offer Prez short-time debt limit increase

Republicans in the United States House of Representatives have met President Obama to discuss a deal to avert a looming debt crisis. Both sides described the 90-minute talks as useful. The Republicans have offered the President short-time debt limit increase to stave off default. The two sides have ...

Rupee bounces back by 54 paise to close at almost 2 month high of 61.39 against dollar

The rupee bounced back by 54 paise to close at an almost two-month high of 61.39 against the dollar amid sales of the US currency by exporters, firm equities and capital inflows. The local currency opened at 62.20 a dollar from the previous close of 61.93 and immediately touched a low of 62.29 at th...

Rupee up by 54 paise to close at almost 2 month high of 61.39 against dollar

The rupee bounced back by 54 paise to close at an almost two-month high of 61.39 against the dollar amid sales of the US currency by exporters, firm equities and capital inflows. The local currency opened at 62.20 a dollar from the previous close of 61.93 and immediately touched a low of 62.29 at th...

Sensex gains 24 points to close at 20,273

Rising for the third straight session, the Sensex at the Bombay Stock Exchange ended with a marginal gain of 24 points, or 0.1 percent, at 20,273, after volatile trade, today. The Sensex had climbed over 350 points in the previous two trading sessions. The Nifty at the National Stock Exchange rose 1...

India-Indonesia CEOs forum being held in Jakarta today

In Jakarta, the first meeting of the India-Indonesia CEO's forum is being held today on the sidelines of the Prime Minister's visit. The forum was established in 2011 following the visit of the Indonesian President Yudhoyono to India. 36 commercial organizations from both the count...

Sensex gains 43 points in afternoon trade

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood 43 points, or 0.2 percent in positive territory, at 20,292 in afternoon trade a short while ago. Earlier in the morning, the Sensex had declined 36 points, or 0.2 per cent, to 20,213, on profit-booking by funds and retail ...

Sensex declines marginally in afternoon trades

The BSE benchmark Sensex declined by 8 points to 20,241 in afternoon trade today on profit-booking by funds and retail investors.Similarly, the National Stock Exchange index Nifty fell by 6 points to 6,014 points.

US & Vietnam ink civil nuke deal to boost co-operation energy sector

The United States and Vietnam have signed a civil nuclear deal to boost cooperation in the energy sector. The deal will allow American firms into the market and commits the Vietnamese to not producing ingredients for atomic weapons.US Secretary of State John Kerry and his Vietnamese counterpart inke...

India to become top trading destination for W.Asia: HSBC forecast