G-20 must implement decisions to ensure credibility: Chidambaram

Finance Minister P Chidambaram has said that the decisions of the G-20 meeting should be implemented expeditiously to ensure credibility of the organisation. Speaking at a function in New Delhi today, Mr Chidambaram said, most advanced countries have now clearly indicated their unwillingness to move...

Strikes in Greece to protest public sector job cuts

More strikes are taking place today in Greece to protest against government plans to cut thousands of public sector jobs. Doctors and rubbish collectors are among those taking part in the stoppage, which is due to last several days. Teachers in state schools and universities are already on strike si...

Sensex rises 57 points in afternoon trade

The Sensex at the Bombay Stock Exchange rose by 57 points in afternoon deals on buying in realty, consumer urable, FMCG and metal sectors despite selling in IT, power and auto sectors. The 30 share index which gained 16 points in its previous session moved 57 points up to trade at 19,860 when report...

Rupee gains 19 paise to quote higher at 63.18 vs Dollar<br/>

The rupee erased its initial losses today and was quoted higher by 19 paise to 63 rupees 18 paise per dollar on fresh selling of the US currency by banks and exporters on the back of its weakness overseas. The rupee earlier resumed lower at 63 rupees 45 paise per dollar as against the last closing l...

Rupee loses 9 paise at 63.46 vs Dollar

The rupee fell by 9 paise to 63.46 against the dollar in early trade today at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency. The rupee fell by 54 paise to close at 63.37 against the US currency in the previous session

Sensex gains 68 points in early trade

Sensex rose 68 points in early trade today, extending gains for the third straight session on sustained buying by funds in select bluechips, amid a firm trend in the Asian region. The 30-share BSE index, which had gained 71 points in the previous two sessions, rose further by 68 points to 19,872 poi...

Sensex up 62 points to close at 19,804

The Sensex at the Bombay Stock Exchange ended with a gain of 62 points, or 0.3 percent, at 19,804, after volatile trade, on Tuesday. The Nifty at the National Stock Exchange rose 10 points, or 0.2 percent, to 5,850.But stock markets in Japan, China, Hong Kong and South Korea declined between 0.3 per...

SEBI inks MoU with Argentina for info exchange on securities markets

Allot different product code for dormant A/Cs : RBI to banks

The Reserve Bank has advised banks to allot a different product code in their core banking solution to accounts that are dormant or inoperative for over two years. In a notification, RBI said that the State and Central governments have expressed difficulties in crediting cheques/Direct Benefit Trans...

CCI reviews infra projects

The Cabinet Committee on Investment, CCI has reviewed the status of different projects in the infrastructure sector. Information and Broadcasting Minister Manish Tewari told reporters that the CCI, headed by Prime Minister Dr Manmohan Singh, also unlocked the bottlenecks which had not been cleared w...