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August 21, 2013 12:16 PM
Highlighting the increase inAfrican nations trade with India, President Jacob Zuma has asked the BRICS members to use the bloc's Business Council as a platform to explore new models and approaches towards more equitable development and inclusive growth in the world. Opening the Council meet...
August 21, 2013 12:11 PM
The Reserve Bank of India, RBI has further relaxed the Statutory Liquidity Ratio, SLR to provide more funds to banks for lending. This was in view of losses suffered by banks in their investment portfolio. Revising its earlier limit, asking banks to reduce their hold-to-maturity bond holdings gradua...
August 21, 2013 11:55 AM
Oil prices today fell in Asian market as traders await fresh stockpiles data, while keeping an eye on the release of US Federal Reserve minutes from its most recent meeting.New York's main contract, West Texas Intermediate for delivery in October, was down 28 cents at 104 dollars and 83 cen...
August 21, 2013 11:54 AM
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 11:02 AM
The rupee recovered by 10 paise to 63 rupees 15 paise against the dollar in early trade today, after the RBIannounced fresh measures to curb volatility and ease liquidity situation. The domestic currency had ended 12 paise lower at 63 rupees 25 paise after hitting a fresh low of 64 rupees 13 paise a...
August 21, 2013 11:01 AM
Snapping a three-day down move, the Sensex today jumped by 321 points to 18,568 in early trade. This follows rally in banks and capital goods stocks, on the back of overnight steps taken by RBI to ease liquidity. The 30-share barometer surged by 1.76 per cent, aided by buying in beaten down bluechip...
August 21, 2013 9:40 AM
Using its newly-granted powers to access call data records and conduct surprise visits, market regulator SEBI has unearthed a large-scale SMS scam. In a press release issued from Mumbai today, SEBI has informed that using SMSes, fraudsters were luring gullible investors with promise of daily returns...
August 21, 2013 9:06 AM
The United States has imposed economic sanctions on a Pakistani Islamic school in Peshawar. The US Treasury describes the Ganj Madrassa in the city as a terrorist training centre which provides support to al-Qaeda and the Taliban. In a statement the Treasury said, the Madrassa serves as a terrorist ...
August 21, 2013 9:05 AM
Using its newly-granted powers to access call data records and conduct surprise visits, market regulator SEBI has unearthed a large-scale SMS scam. In a press release issued from Mumbai today, SEBI has informed that using SMSes, fraudsters were luring gullible investors with promise of daily returns...
August 21, 2013 9:01 AM
Market regulator SEBI has allowed mutual funds to trade directly on debt platforms of recognised stock exchanges. In a notification issued from Mumbai, SEBI has said that asset management companies appointed by mutual fund houses will be permitted to register themselves under 'proprietary t...
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Last Updated: 27th Jun 2026
