Business

October 3, 2013 6:43 PM

Sensex ends at 19,902, up 2%

Rising for the second straight session, the Sensex at the Bombay Stock Exchange spurted 385 points, or 2 percent, to close at 19,902, today, as the partial US government shutdown eased investor concerns about the Federal Reserve tapering its stimulus programme anytime soon. The Nifty at the National...

October 3, 2013 5:34 PM

Govt to increase capital infusion in PSU banks

The Government hasin principle decided to enhance the amount of capital to be infused into Public Sector Banks. The additional amount will be provided to banks to enable them to lend to borrowers in selected sectors at lower rates in order to stimulate demand. The move is also expected to give a boo...

October 3, 2013 4:51 PM

Sensex ends at 19,902, up 2%

Rising for the second straight session, the Sensex at the Bombay Stock Exchange spurted 385 points, or 2 percent, to close at 19,902, today, on expectations that the partial US government shutdown will force the Fed to avoid tapering its stimulus programme soon. The Nifty at the National Stock Excha...

October 3, 2013 4:50 PM

Govt to increase capital infusion in PSU banks<br/>

The Government has decided in principle to enhance the amount of capital to be infused into Public Sector Banks. The additional amount of capital will be provided to banks to enable them to lend to borrowers in selected sectors at lower rates in order to stimulate demand. The move is also expected t...

October 3, 2013 4:33 PM

Raghuram Rajan meet Chidambaram, discuss economic issues

Ahead of the RBI&apos;s central board meet, the central bank chief Raghuram Rajan today met Finance Minister P Chidambaram and is understood to have discussed economic issues. After the hour long meeting with the Minister and Economic Affairs Secretary Arvind Mayaram. Raghuram Rajan said it was ...

October 3, 2013 2:30 PM

Sensex surges over 280 points

Building on initial gains, the Sensex at the Bombay Stock Exchange had surged 283 points, or 1.5 percent, to 19,800 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had climbed 156 points, or 0.8 percent, to 19,674, on continued buying by funds and retail investors.Stock mar...

October 3, 2013 2:29 PM

<br/>Sensex surges over 280 points

Building on initial gains, the Sensex at the Bombay Stock Exchange had surged 283 points, or 1.5 percent, to 19,800 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had climbed 156 points, or 0.8 percent, to 19,674, on continued buying by funds and retail investors.Stock mar...

October 3, 2013 2:08 PM

Extension of DTH licence: TRAI seeks comments from stakeholders

Telecom Regulatory Authority of India, TRAI, has sought comments and views from all stakeholders for extension of DTH licence on expiry of ten years licence period. A consultation paper was released today in this regard. The key issues discussed in the paper pertain to entry fee, bank guarantee and ...

October 3, 2013 1:53 PM

Rupee strengthens 55 paise to 61.91 against Dollar

At the Interbank Foreign Exchange market, the rupee had gained 55 paise, to 61.91 against the dollar, a short while ago. Earlier, in morning deals, the rupee had strengthened 31 paise, to 62.15 against the US currency, as the dollar weakened against other major overseas currencies. Increased dollar ...

Most Read

View All arrow-right

No posts found.