Gold closes at record high of Rs.33,900 per 10gm

Gold posted its biggest ever single-day gain of 1,900 rupees, to close at a record high of 33,900 per ten grams at Delhi's bullion market on Wednesday today, as the rupee hit a new low against the dollar. Silver spurted 3,700 rupees, to 58,500 rupees per kilo, on increased offtake by indust...

Sensex up 28 points to close at 17,996

Recovering smartly from initial losses, the Sensex at the Bombay Stock Exchange ended with a small gain of 28 points, or 0.2 percent, at 17,996, on wednesday, even as the rupee hit a lifetime low against the dollar, and as global markets lost ground. But the Nifty at the National Stock Exchange clos...

HC directs Maha govt to set up system to protect & detect financial data theft

Emphasising the importance of issues covered under the Information Technology (IT) Act, the Bombay High Court has said the Maharashtra government should come up with a system to protect and detect data theft. A division bench of Justices S C Dharmadhikari and G S Patel was hearing a petition filed b...

Responsibility of RBI & govt to protect investors from financial fraud

SEBI issues deadline for registration of investment advisors to weed out unauthorised entities

Securities and Exchange Board of India, SEBI has directed all investment advisers to get registered with it by October 21 to continue their services. In a statement, SEBI also said that they should comply with the requirement of obtaining a certificate of registration for acting as investment advise...

Govt says, no need to panic on sharp fall in value of rupee

The Finance Ministry has termed the sharp fall in the value of the rupee as a reflection of irrational sentiment and said there is no need for panic. Today, the Rupee slumped to at new all-time low of 68.80, down 256 paise from yesterday. This followed worries over foreign investors pulling out thei...

Gold touches record high of Rs 33,900

Gold posted its biggest ever single-day gain of 1,900 rupees, to close at a record high of 33,900 per ten grams at Delhi's bullion market, today, as the rupee hit a new low against the dollar. Silver spurted 3,700 rupees, to 58,500 rupees per kilo, on increased offtake by industrial units a...

Rupee slumps to an all time low of 68.80

The Finance Ministry has termed the sharp fall in the value of the rupee as a reflection of irrational sentiment and said there is no need for panic. Today, the Rupee slumped to at new all-time low of 68.80, down 256 paise from yesterday. This followed worries over foreign investors pulling out thei...

Gold posts biggest ever single-day gain of Rs 1,900

Gold posted its biggest ever single-day gain of 1,900 rupees, to close at a record high of 33,900 per ten grams at Delhi's bullion market, today, as the rupee hit a new low against the dollar. Silver spurted 3,700 rupees, to 58,500 rupees per kilo, on increased offtake by industrial units a...

FM terms fall in rupee value as a reflection of irrational sentiment

The Finance Ministry has termed the sharp fall in the value of the rupee as a reflection of irrational sentiment and said there is no need for panic. Today, the Rupee slumped to at new all-time low of 68.80, down 256 paise from yesterday. This followed worries over foreign investors pulling out thei...