Sensex gains 126 points in early trade

The BSE benchmark index Sensex rose by 126 points to trade at 19,106 points early trade today on sustained buying by funds as well as retail investors. The wide-based National Stock Exchange index Nifty moved up by 31 points to 5,624. Among other Asian markets, Japan's Nikkei and Hong Kong&...

Cyprus lawmakers reject terms of EU/IMF bailout; austerity protests grow

In Cyprus, lawmakers have rejected legislation demanded by international creditors in return for the second instalment of a 10 billion euro EU/IMF bailout. The MPs yesterday voted 23 to 21 against two bills bringing co-operative banks under the central bank's direct supervision. Cyprus has ...

Bill to protect street vendors tabled in LS

A bill to protect the rights of urban street vendors has been moved for discussion and passage in the Lok Sabha. Moving the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, 2012 yesterday, Housing and Urban Poverty Alleviation Minister Girija Vyas said the bill seeks ...

Cyprus lawmakers reject terms of EU/IMF bailout; austerity protests growl

In Cyprus, lawmakers have rejected legislation demanded by international creditors in return for the second instalment of a 10 billion euro EU/IMF bailout. The MPs yesterday voted 23 to 21 against two bills bringing co-operative banks under the central bank's direct supervision. Cyprus has ...

AI expansion: More flight routes from Mumbai to Agra, Gwalior, Allahabad

Bill to protect street vendors tables in LS

A bill to protect the rights of urban street vendors has been moved for discussion and passage in the Lok Sabha. Moving the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, 2012 yesterday, Housing and Urban Poverty Alleviation Minister Girija Vyas said the bill seeks ...

Parliament approves amendments to SEBI Act

Parliament has approved amendments to the Securities and Exchange Board of India Act to widen the pool of eligible candidates for the post of presiding officer at the Securities Appellate Tribunal, with the Rajya Sabha passing it yesterday. It was earlier passed by the Lok Sabha. The new Bill would ...

Sensex up 412 points to close at 18,980

The Sensex at the Bombay Stock Exchange surged 412 points, or 2.2 percent, to close at an over 3-week high of 18,980, today, after the new Reserve Bank governor announced a slew of measures to boost the currency and the economy. The Nifty at the National Stock Exchange jumped 145 points, or 2.7 perc...

RBI allows banks to issue bank guarantee for NRIs investments

Rupee gains 106 paise to 66.01 against the dollar<br/>

The rupee appreciated 106 paise, to 66.01 against the dollar. Rupee trimmed its early gains in late morning trade today but was still up by 62 paise at 66 rupees 45 paise a dollar amidst sharp rise in equity markets. The rupee had gained 138 paise in opening trade to touch 65rupees 69 paise level bu...