Sensex recovers 36 points in late morning trade

The Sensex at the Bombay Stock Exchange today recovered by 36 points to 18,349 in late morning trade. The rise is attributed to fresh buying in consumer durable, capital goods, auto, realty and banking counters on firm Asian cues.Earlier, the 30 share index, fell by 61 points in early trade.The Nift...

Currency market panic unwarranted, no intent to introduce capital control : FM

The Finance Minister P. Chidambaram has said that economic growth is expected to pick up in the second to fourth quarter. He however added that it may remain flat in the first quarter.Addressing a press conference in New Delhi last evening Mr. Chidambaram said that growth revival is the focus of the...

Sensex falls 61 points in early trade<br/>

The BSE benchmark Sensex today fell by 61 points in early trade as funds and retail investors booked profits after previous session&apos;s gains. The 30-share barometer declined by 61 points to 18,250 with healthcare, FMCG, PSUs and power stocks succumbing to profit-booking. The index had surged...

Rupee snaps losing streak; rises 25 paise to quote at 64.30 vs Dollar<br/>

Snapping a six-session losing streak, the rupee today rose by 25 paise to 64.30 in early trade on fresh selling of the US dollar by exporters. The local currency had lost 44 paise to close at a new low of 64.55 against dollar, after breaching the 65 mark to mark all-time intra-day low of 65.56 in ye...

Rupee snaps losing streak; rises 25 paise to quote at 64.30 vs Dollar<br/>

Snapping a six-session losing streak, the rupee today rose by 25 paise to 64.30 in early trade on fresh selling of the US dollar by exporters. The local currency had lost 44 paise to close at a new low of 64.55 against dollar, after breaching the 65 mark to mark all-time intra-day low of 65.56 in ye...

BSE launches App to keep track of markets on real time basis

Bombay Stock Exchange Ltd on Thursday launched a mobile application that allows investors to keep a track on markets on a real time basis. A statement issued in Mumbai stated that the new application allows investors a direct access to all 26 BSE indices. Investors will be able to download free appl...

Have forex reserves to deal with rupee decline & CAD: RBI Governor

The Reserve Bank has said it has adequate foreign exchange reserves to deal with the declining value of rupee and the widening current account deficit (CAD).Talking to reporters in New Delhi on Thursday, RBI Governor D Subbarao said recent measures taken to curb volatility of rupee would continue ti...

WB to issue Kisan Credit Cards to fishermen too

Have forex reserves to deal with rupee decline & CAD: RBI Governor Subbarao

The Reserve Bank has said it has adequate foreign exchange reserves to deal with the declining value of rupee and the widening current account deficit (CAD).Talking to reporters in New Delhi on Thursday, RBI Governor D Subbarao said recent measures taken to curb volatility of rupee would continue ti...

BSE lauynches App to keep track of markets on real time basis

Bombay Stock Exchange Ltd on Thursday launched a mobile application that allows investors to keep a track on markets on a real time basis. A statement issued in Mumbai stated that the new application allows investors a direct access to all 26 BSE indices. Investors will be able to download free appl...