Business

August 21, 2013 6:24 PM

EU meet in Brussels to discuss Egypt crisis<br/>

European Union foreign ministers are meeting in Brussels to discuss how to respond to the crisis in Egypt. There have been cause for action over the deaths of hundreds of Muslim Brotherhood supporters at the hands of a military backed government. And, some ministers have said that the EU should cut ...

August 21, 2013 5:50 PM

Sensex falls 340 points to close at over 11- month low of 17,906

The Sensex at the Bombay Stock Exchange plunged 340 points, or 1.9 percent, to close below the 18,000-mark, at an over 11- month low of 17,906, today, as the rupee dropped to a new all-time low. The Sensex has now lost over 1,460 points in the past four trading sessions. The Nifty at the National St...

August 21, 2013 5:07 PM

Sensex down 340 points to close at 17,906

The Sensex at the Bombay Stock Exchange plunged 340 points, or 1.9 percent, to close below the 18,000-mark after nearly one year, at 17,906, today, as the rupee dropped to a new low, amid concerns that the US Federal Reserve will soon rollback its economic stimulus. The Nifty at the National Stock E...

August 21, 2013 2:23 PM

Rupee drops by 8 paise to 63 rupees 33 paise against Dollar<br/>

The Indian rupee dropped by 8 paise to 63.33 against the American currency in late morning trade. This followed mild dollar demand from banks and importers on the back of higher dollar in overseas market.The rupee resumed lower at 63.45 per dollar this morning and yesterday it closed at 63.25.It rec...

August 21, 2013 2:07 PM

Retail inflation for farm & rural workers comes down marginally

Retail inflation for farm and rural workers has come down marginally to 12.80 per cent and 12.61 per cent respectively in July, even as prices of food items and cloth remained high.According to the data released by the Labour Bureau, the inflation based on food index of Consumer Price Index- Agricul...

August 21, 2013 2:06 PM

Sensex loses over 140 points in volatile afternoon trade

Giving up all its initial gains, the Sensex at the Bombay Stock Exchange stood 145 points, or 0.8 percent in negative territory, at 18,102 in very volatile afternoon trade a short while ago. Earlier, in morning trade, however, the Sensex had opened with a solid gain of 322 points, or 1.8 per cent, a...

August 21, 2013 1:50 PM

NMDC signs MoU with IL&FS to set up 500 MW power plant in Gonda, UP

The state-owned iron National Mineral Development Corporation Power Ltd. today signed an Mou with the IL&amp;FS Energy Development Ltd to set up a 500-MW power plant at Gonda in Uttar Pradesh. The Mou was signed in the presence of Union Minister of Steel, Mr. Beni Prasad Verma and Minister of st...

August 21, 2013 1:40 PM

Sensex loses over 60 points in volatile afternoon trade

Giving up all its initial gains, the Sensex at the Bombay Stock Exchange stood 69 points, or 0.4 percent in negative territory, at 18,178 in very voalatile afternoon trade a short while ago. Earlier, in morning trade, however, the Sensex had opened with a solid gain of 322 points, or 1.8 per cent, a...

August 21, 2013 1:16 PM

Sensex loses initial gains; up 61 points in afternoon trade

The Sensex which jumped 321 points in early trade lost its gains marginally and was trading up by 61 points at 18,307 a short while ago. The index had lost over 1,121 points in the previous three sessions. Wide-based National Stock Exchange index Nifty recovered 28 points to 5,429 in afternoon trade...

August 21, 2013 12:30 PM

Sensex up 134 points in afternoon trade

The Sensex which jumped 321 points in early trade lost its gains marginally and it was trading up by 134 points at 18,380 a short while ago. The index had lost over 1,121 points in the previous three sessions.Wide-based National Stock Exchange index Nifty recovered 50 points to 5,452.Meanwhile, in o...

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