Business

October 9, 2013 12:02 PM

Sensex gains 59 points in late morning deals

The Sensex at the Bombay Stock Exchange gains 59 points to 20042 points in late morning deals.The wide-based National Stock Exchange index Nifty rose 25 points to 5,953. In the Asian region, Japan's Nikkei was up by 0.44 per cent, while Hong Kong's Hang Seng index shed 0.62 per cen...

October 9, 2013 12:01 PM

Sensex declines by 135 points in early trade

The Sensex at the Bombay Stock Exchange gains 59 points to 20042 points in late morning deals.The wide-based National Stock Exchange index Nifty rose 25 points to 5,953. In the Asian region, Japan's Nikkei was up by 0.44 per cent, while Hong Kong's Hang Seng index shed 0.62 per cen...

October 9, 2013 11:32 AM

Sensex declines by 135 points in early trade

The Sensex at the Bombay Stock Exchange today declined by 135 points in early trade after the International Monetary Fund lowered its projection of India's growth rate. The 30-share index, which had gained 88 points in the previous sessions, fell by 135.16 points to 19,848 with banking, rea...

October 9, 2013 11:31 AM

Rupee weakens by 51 paise to 62.39 against Dollar

The rupee weakened by 51 paise to 62 rupees 30 paise against the dollar in early trade today after the International Monetary Fund lowered its projection of India's growth rate. Besides, strengthening of the US dollar against euro and other currencies in the global market and a lower openin...

October 9, 2013 9:11 AM

Janet Yellen to be nominated US Fed Chief today; first woman to head bank

The US President Barack Obama will nominate Federal Reserve Vice-Chair Janet Yellen to be the next head of the US Central Bank today. According to a White House official, if confirmed by Congress, Ms Yellen will replace Ben Bernanke who has held the post for eight years. She has been his Deputy for ...

October 9, 2013 9:11 AM

PNB, OBC reduce auto & consumer loan interest rates on festive demand

Public Sector - Punjab National Bank and Oriental Bank of Commerce have reduced lending rates on auto and consumer durable loans by up to 2.50 per cent to cash in on the festive demand. In astatement, the PNB said, rate of interest on car loans has been reduced by over a per cent to 10.65 per cent o...

October 8, 2013 8:58 PM

Rupee ends unchanged, at 61.79 against dollar

The rupee ended unchanged, at 61.79 against the dollar. The rupee today recovered by 11 paise to 61.68 against the dollar in early trade at the Interbank Foreign Exchange market amid a higher opening in the stocks. The rupee had settled at 61.79 against the dollar yesterday, down by 35 paise over th...

October 8, 2013 8:56 PM

IMF downgrades forecast for global economic growth for 2013 & 2014

The International Monetary Fund has downgraded its forecast for global economic growth this year and next. It says that a slowdown in both emerging and developing economies means the growth is weak. The BRIC countries, Brazil, Russia, India and China are among those which suffered the largest downgr...

Most Read

View All arrow-right

No posts found.