Business

October 1, 2013 10:11 AM

RBI to infuse Rs10,000cr to ease market liquidity

The Reserve Bank of India will infuse 10 thousand crore rupees by purchasing government securities on 7 October, to ease liquidity in the market. In a release issued yesterday, RBI stated that based on the assessment of prevailing and evolving market conditions, it has decided to conduct open market...

October 1, 2013 10:07 AM

Rupee 23 paise down against the dollar

The rupee trimmed its initial losses but was still 23 paise down to 62 rupees 74 paise against the dollar in late morning trade on monday. The fall was attributed to a month-end dollar demand from importers, amidst fall in the equity market. The domestic currency resumed lower at 63 rupees as agains...

October 1, 2013 10:06 AM

Sensex plunges 348 points to close at 19,380

The Sensex at the Bombay Stock Exchange plunged 348 points, or 1.8 percent, to close at a new three-week low of 19,380, on monday, ahead of current account deficit data, and as global markets fell, amid concerns that the US government could be heading for a shutdown. The Nifty fell 98 points, or 1.7...

October 1, 2013 10:06 AM

RBI to infuse Rs10,000cr through purchase of govt securities to ease liquidity

The Reserve Bank of India will infuse 10 thousand crore rupees by purchasing government securities on 7 October, to ease liquidity in the market. In a release issued yesterday, RBI stated that based on the assessment of prevailing and evolving market conditions, it has decided to conduct open market...

October 1, 2013 9:43 AM

TRAI likely to to implement ad cap for non-news channels from today

Broadcast regulator TRAI is likely to implement the 12-minute per hour cap on advertisements for non-news TV channels from today.However, some broadcasters have appealed to Telecom Disputes Settlement and Appellate Tribunal against it.As per the TRAI regulations, non-news channels will have to submi...

October 1, 2013 9:41 AM

Last date for filing IT returns in Gujarat extended

The government has extended the last date for filing of income tax returns up to October 14 from September 30 in cases of income tax assessees in the state of Gujarat.An official statement said, on consideration of reports of dislocation of general life caused due to recent heavy rains and floods in...

October 1, 2013 9:39 AM

RBI to infuse Rs10000cr through purchase of govt securities to ease liquidity

The Reserve Bank of India will infuse 10 thousand crore rupees by purchasing government securities on 7 October, to ease liquidity in the market. In a release issued yesterday, RBI stated that based on the assessment of prevailing and evolving market conditions, it has decided to conduct open market...

September 30, 2013 9:44 PM

Sensex plunges 348 points to close at 19,380

The Sensex at the Bombay Stock Exchange plunged 348 points, or 1.8 percent, to close at a new three-week low of 19,380, today, ahead of current account deficit data, and as global markets fell, amid concerns that the US government could be heading for a shutdown. The Nifty fell 98 points, or 1.7 per...

September 30, 2013 7:07 PM

Sensex loses 348 points

The Sensex at the Bombay Stock Exchange plunged 348 points, or 1.8 percent, to close at a new three-week low of 19,380, today, as global markets fell, amid concern that the US government could be heading for a shutdown. The Nifty at the National Stock Exchange lost 98 points, or 1.7 percent, to 5,73...

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