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September 26, 2013 12:45 PM
The rupee trimmed its early gains against the dollar but was still up 17 paise to 62.27 on selling of US currency by banks and exporters amid weakness of the greenback overseas. Firm equities and good capital inflows from foreign funds supported by easing of norms by Reserve Bank for providing swaps...
September 26, 2013 11:56 AM
The BSE benchmark Sensex gained 56 points to 19,914 in late morning deals today. Earlier it was up by 41 points in opening trade.The wide-based National Stock Exchange index Nifty moved up by 16 points to 5,889.
September 26, 2013 11:15 AM
In order to protect consumer interest, RBI has banned zero per cent interest rate scheme for purchase of consumer goods. In a notification issued from Mumbai yesterday, RBI has said that the very concept of zero per cent interest is non-existent and such schemes only serve the purpose of alluring an...
September 26, 2013 10:46 AM
The rupee today strengthened by 30 paise to 62 rupees 14 paise against the dollar in early trade, as RBI plans to take more steps to ease liquidity situation. The domestic currency had yesterday settled at 62 rupees 44 paise, up 31 paise over the previous close.
September 26, 2013 10:45 AM
The BSE benchmark Sensex recovered 41 points today to trade at 19,897 in early trade on selective buying by participants amid RBI plans to take steps to ensure adequate supply of money for credit flows. The sentiments also improved on today being the last session of current month's expiry i...
September 26, 2013 10:44 AM
In order to protect consumer interest, RBI has banned zero per cent interest rate scheme for purchase of consumer goods. In a notification issued from Mumbai yesterday, RBI has said that the very concept of zero per cent interest is non-existent and such schemes only serve the purpose of alluring an...
September 26, 2013 9:33 AM
The rupee ended 31 paise stronger, at 62.44 against the dollar.Earlier, in opening deals at the Interbank Foreign Exchange Market, the rupee had dropped to 62.76 per dollar, compared to tuesday's closing level of 62.75 to the dollar.
September 26, 2013 9:32 AM
The Sensex at the Bombay Stock Exchange declined 64 points, or 0.3 percent, to 19,856, on wednesday, ahead of the expiry of the monthly derivatives contracts, and amid weak Asian markets. The Nifty at the National Stock Exchange fell 19 points, or 0.3 percent, to 5,874.Stock markets in Japan, China,...
September 26, 2013 9:31 AM
The Telecom Regulatory Authority of India, TRAI has recommended implementation of full Mobile Number Portability, MNP by the telecom service providers, within six months. The facility will allow subscribers to retain their numbers, even when they shift from one service area to another.Presently, MNP...
September 26, 2013 9:30 AM
The Prime Minister's Project Monitoring Group, PMG, set up to track stalled large investment projects, has cleared 38 projects worth 1.5 lakh crore rupees, so far. Additional Secretary in the Cabinet Secretariat Anil Swarup, who heads the PMG, said this on the sidelines of a CII event in Ne...
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