Business

August 27, 2013 12:57 PM

Rupee tumbles to all-time intra-day low of 65.72 vs Dollar

The rupee tumbled to an all-time intra-day low of 65.72 per dollar today on heavy month-end demand of the US currency from importers and banks amid sharp fall in the local equity market. The rupee resumed lower at 65 per dollar as against the last closing level of 64.30 per dollar at the Interbank F...

August 27, 2013 12:08 PM

Sensex trading over 460 points down at noon

The Sensex was trading 465 points down at 18,093 points a shortwhile ago. Snapping 3-day winning spree, the 30-share index today tanked over 221 points in the early trade on fresh selling with banking, realty, metal PSUs and oil and gas sector stocks leading the fall. Sensex had gained over 652 poin...

August 27, 2013 10:46 AM

Sensex loses over 220 points in morning trade

The BSE Sensex today tanked over 221 points in early trade on fresh selling after three sessions of gains. The 30-share index lost over 221 points, or 1.19 per cent, to trade at around 18,337 with banking, realty, metal PSUs and oil and gas sector stocks leading the fall. Sensex had gained over 652 ...

August 27, 2013 10:42 AM

Rupee breaches 65 mark vs Dollar in early trade

The rupee today again breached 65-mark against dollar falling sharply by 104 paise to trade at 65 rupees 34 paise on strong month-end dollar demand from importers and a weak opening in the domestic equity market.The rupee had recorded a steep fall of 110 paise to close at 64 rupees 30 paise against ...

August 27, 2013 9:54 AM

US to hit debt ceiling by mid-Oct; act soon says Treasury Secy

The US Treasury Secretary Jack Lew has said that the country will reach its debt limit by mid-October and called on Congress to act as soon as possible to avoid such a situation. The government will not be able to borrow if the limit is not raised. He warned that in such a case it will be unable to ...

August 27, 2013 9:53 AM

US to hit debt ceiling by mid-Oct; act soon says Treasury Secy to Congress

The US Treasury Secretary Jack Lew has said that the country will reach its debt limit by mid-October and called on Congress to act as soon as possible to avoid such a situation. The government will not be able to borrow if the limit is not raised. He warned that in such a case it will be unable to ...

August 27, 2013 9:41 AM

Sensex up 39 points, Rupee loses 110p vs $ in closing trade

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained 39 points, or 0.2 percent, to close at 18,558,on Monday, on hopes of higher capital inflows. The Sensex had gained over 610 points in the last two trading sessions. The Nifty at the National Stock Exchange advanced...

August 27, 2013 9:37 AM

Rupee weakens 110 paise, to close at 64.30 against Dollar

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained 39 points, or 0.2 percent, to close at 18,558, on Monday. The Nifty advanced 5 points, to 5,477.Stock markets in Japan, China, Hong Kong South Korea and Singapore ended mixed. The rupee weakened 110 paise, to close...

August 27, 2013 9:25 AM

US debt limit by mid-Oct; Treasury Secy calls on Congress to act soon

The US Treasury Secretary Jack Lew has said that the country will reach its debt limit by mid-October and called on Congress to act as soon as possible to avoid such a situation. The government will not be able to borrow if the limit is not raised. He warned that in such a case it will be unable to ...

August 27, 2013 9:19 AM

US to reach debt limit by mid-Oct; Treasury Secy calls on Congress to act soon

The US Treasury Secretary Jack Lew has said that the country will reach its debt limit by mid-October and called on Congress to act as soon as possible to avoid such a situation. The government will not be able to borrow if the limit is not raised. He warned that in such a case it will be unable to ...

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