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September 20, 2013 1:18 PM
The BSE Sensex fell by 350 points to 20,304 points after RBI announced hike in repo rate. The wide-based National Stock Exchange index Nifty also fell 101 points to 6,014. The Sensex had soared to a three-year high yesterday after the US Federal Reserve unexpectedly left its stimulus programme uncha...
September 20, 2013 12:17 PM
The BSE Sensex fell by 552 points to 20,095 points after RBI announced hike in repo rate. The wide-based National Stock Exchange index Nifty also fell 167 points to 5949. The sensex had soared to a three-year high yesterday after the US Federal Reserve unexpectedly left its stimulus programme unchan...
September 20, 2013 12:16 PM
The BSE Sensex fell by 552 points to 20,095 points after RBI announced hike in repo rate. The wide-based National Stock Exchange index Nifty also fell 167 points to 5949. The sensex had soared to a three-year high yesterday after the US Federal Reserve unexpectedly left its stimulus programme unchan...
September 20, 2013 11:52 AM
Paring some of the initial losses, the rupee was down by 16 paise to 61.93 against the US dollar in the late morning trade. The rupee had resumed lower at 62.05 per dollar as against the last closing level of 61.77 at the Interbank Foreign Exchange Market.
September 20, 2013 11:50 AM
Paring some of the initial losses, the rupee was down by 16 paise to 61.93 against the US dollar in the late morning trade. The rupee had resumed lower at 62.05 per dollar as against the last closing level of 61.77 at the Interbank Foreign Exchange Market.
September 20, 2013 11:44 AM
Within days of new RBI Governor Raghuram Rajan making comments to this effect, the central bank has allowed lenders to open branches, including in big cities, without its permission provided they fulfill certain conditions. In a notification yesterday, the Reserve Bank of India said that the general...
September 20, 2013 11:41 AM
Oil prices extended losses in Asian trade today as investors took profits after a recent rally. Prices had surged after the US Federal Reserve decided tocontinue with its USD 85 billion-a-month bond-buying programme to support US economic growth, confounding market expectations that it would announc...
September 20, 2013 11:40 AM
The rupee today lost 38 paise to 62.15 against the US dollar in early trade on the Interbank Foreign Exchange due to fresh demand for the US currency from importers, ahead of the RBI's mid-quarter policy review amid a lower opening in the domestic equity market. The rupee had surged 161 pai...
September 20, 2013 11:39 AM
The BSE benchmark Sensex today fell over 60 points in early trade, slipping from its three-year highs, as funds and investors booked profits ahead of RBI's mid-quarter policy review, amid a mixed Asian trend. Snapping its four-day long rising streak, the 30-share barometer lost over 60 poin...
September 20, 2013 10:26 AM
The International Monetary Fund, IMF chief says she sees subdued global growth ahead even with signs of recovery in major economies such as the US and Europe. Christine Lagarde spoke yesterday to the US Chamber ofCommerce, a few weeks before the IMF is to release its latest global economic forecasts...
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