Oil falls in Asia trade as Syria tensions ease

Oil prices fell further in Asian trade today after US President Barack Obama asked Congress to delay a vote on US military action in Syria. New York's main contract, West Texas Intermediate for delivery in October, eased 55 cents to 106.84 dollar a barrel, while Brent North Sea crude for Oc...

Telecom merger & acquisition norms, unified licences to be issued soon: Sibal

Telecom Minister Kapil Sibal today said, unified licences and telecom merger and acquisition norms will be issued soon. Participating in an open house discussion on telecom sector in New Delhi, he said, the Telecom Ministry is trying to resolve penalty issues at the earliest. He said, the penalty sh...

Sensex falls over 160 points in afternoon trade

The Sensex at the Bombay Stock Exchange had lost 166 points, or 0.8 percent, to 19,832 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had declined 157 points, or 0.8 percent, to 19,840, on profit-booking by investors, after gaining over 1,750 points in the last four tradin...

Rupee weakens 11 paise to 63.95 against Dollar

The rupee failed to maintain initial gains and was quoted lower by 11 paise to 63.95 per dollar in late morning trade today on fresh demand for the US currency from importers. The rupee resumed lower at 63.90 per dollar as against the last closing level of 63.84 at the Interbank Foreign Exchange Mar...

Oil fall sin Asia trade as Syria tensions ease

Oil prices fell further in Asian trade today after US President Barack Obama asked Congress to delay a vote on US military action in Syria. New York's main contract, West Texas Intermediate for delivery in October, eased 55 cents to 106.84 dollar a barrel, while Brent North Sea crude for Oc...

India is Dubai's top trading partner

Sensex falls 128 points in afternoon trade

The Sensex at the Bombay Stock Exchange fell 128 points to trade at 19,870 a shortwhile ago. The fall was attributed to profit-booking by funds and retail investors after recent gains, amid a mixed trend in the Asian region. The 30-share index had rallied over 1,750 points in the previous four sessi...

Sensex loses 157 points in morning trade

The Sensex at the Bombay Stock Exchange fell 157 points to 19,840 in early trade today. The fall was attributed to profit-booking by funds and retail investors after recent gains, amid a mixed trend in the Asian region. The 30-share index had rallied over 1,750 points in the previous four sessions.T...

Rupee gains 16 paise in early trade to 63.68 vs Dollar

Extending gains for the fifth straight session, the rupee appreciated 16 paise to 63 rupees 68 paise against the dollar in early trade today, amid weakening US currency overseas. The domestic currency had settled at 63 rupees 84 paise against the dollar yesterday, and was up 140 paise over the previ...

Use biz correspondents as distribution avenue for currency: RBI to banks

Amid growing demand for currency, the RBI on Tuesday asked banks to explore the possibility of using the services of business correspondents to distribute banknotes and coins. In the Monetary Policy Statement 2013-14, the Reserve Bank of India had stated there was a need to identify alternative dist...