Business

September 5, 2013 7:16 PM

Coal Production registers growth of over 31 mn tonnes in August<br/>

Coal Production registered a growth of more than 31 million tonnes in the month of August this year registering growth of about 11 per cent over previous year. During the last five months, the cumulative coal production has been more than 167 million tonnes registering a growth of about 3 per cent. ...

September 5, 2013 6:09 PM

Sensex up 412 points to close at over 3-week high of 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...

September 5, 2013 6:08 PM

Gold tumbles Rs 1,250 in Delhi

Gold tumbled 1,250 rupees, to 30,950 rupees per ten grams at Delhi&apos;s bullion market, today, on a sell-off by stockists, as the equity markets rose and the rupee strengthened after the Reserve Bank&apos; fresh measures to boost economic growth. Silver plunged 1,800 rupees, to 53,700 rupe...

September 5, 2013 4:45 PM

Sensex up 412 points to close at over 3-week high of 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...

September 5, 2013 2:31 PM

Pakistan facing serious economic challenges, needs reforms :IMF

International Monetary Fund says, Pakistan is facing serious economic challenges and it needs to carry out a set of comprehensive economic reforms. Disclosing this in Washington, the IMF Deputy Managing Director and Acting Chair Nemat Shafik said, overall vulnerabilities and crisis risks are high wi...

September 5, 2013 1:39 PM

Sensex gains over 400 points in afternoon trade

Easing from the day&apos;s highs, the Sensex at the Bombay Stock Exchange still stood a good 403 points or 2.2 percent in positive territory, at 18,970 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had gained a solid 488 points, to 19,056, on strong buying by funds an...

September 5, 2013 1:10 PM

Sensex gains 381 points in afternoon trade

The BSE benchmark Sensex recovered 381 points to 18,949 in afternoon trade. Earlier, the 30-share barometer soared by 488 points in opening session.Similarly, the wide-based National Stock Exchange index Nifty moved up by 132 points to 5,580.

September 5, 2013 12:55 PM

Pakistan facing serious economic challenges,needs reforms :IMF

International Monetary Fund says, Pakistan is facing serious economic challenges and it needs to carry out a set of comprehensive economic reforms. Disclosing this in Washington, the IMF Deputy Managing Director and Acting Chair Nemat Shafik said, overall vulnerabilities and crisis risks are high wi...

September 5, 2013 12:55 PM

Rupee trims early gains; still quoting up 62 paise at 66.45 vs 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 but lost momentum in late morning deals due to some dollar deman...

September 5, 2013 12:43 PM

Pakistan facing serious economic challenges, needs comprehensive reforms :IMF

International Monetary Fund says, Pakistan is facing serious economic challenges and it needs to carry out a set of comprehensive economic reforms. Disclosing this in Washington, the IMF Deputy Managing Director and Acting Chair Nemat Shafik said, overall vulnerabilities and crisis risks are high wi...

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