Business

August 21, 2013 9:00 AM

Govt designates 13 STEs as canalising agencies for onion exports

The government has designated a total of 13 state trading enterprises (STEs) as canalising agencies for exports of onion.In a reply in the Lok Sabha, Minister of State for Commerce and Industry D Purandeswari said that these include NAFED, Spices Trading Corporation, AP State Trading Corporation and...

August 20, 2013 6:38 PM

Chidambaram holds meet with top govt functionaries in New Delhi

Finance Minister P Chidambaram today held a meeting with top government functionaries, including Prime Minister's key economic advisor C Rangarajan in New Delhi. Chidambaram is understood to have discussed the current economic situation in addition to the country's strategy for the...

August 20, 2013 4:58 PM

Gold falls Rs 235 on sustained selling

Gold fell 235 rupees, to 31,125 rupees per ten grams at Delhi's bullion market, today, on sustained selling by stockists at existing higher levels, amid a weak global trend. Silver dropped 455 rupees, to 50,155 rupees per kilo. Silver coins plummeted 3,000 rupees, to 85,000 rupees for buyin...

August 20, 2013 4:57 PM

Sensex ends with loss of 61 points at 18,246

Recovering partially from initial losses, the Sensex at the Bombay Stock Exchange ended with a loss of 61 points, or 0.3 percent, at 18,246, today, as the rupee dropped to a new low, and as the global markets lost ground. The Nifty at the National Stock Exchange declined 13 points, or 0.3 percent, t...

August 20, 2013 2:01 PM

Sensex drops 192 points in volatile trade

Recovering partially from initial losses, the Sensex at the Bombay Stock Exchange stood 192 points, or 1.1 percent in negative territory, at 18,115 in volatile afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a much bigger loss of 326 points, or 1.8 per cent, at...

August 20, 2013 2:00 PM

Rupee tumbles 98 paise to record low of 64.11 against Dollar

he rupee today breached the 64-mark against the dollar by falling 98 paise to trade at record low of 64.11 on persistent dollar demand and a weak opening in the domestic equity market. At the Interbank Foreign Exchange or Forex market, thelocal currency opened sharply lower at 63.75 a dollar from it...

August 20, 2013 1:54 PM

Rupee breaches 64-mark vs Dollar at 64.11 in early trade

he rupee today breached the 64-mark against the dollar by falling 98 paise to trade at record low of 64.11 on persistent dollar demand and a weak opening in the domestic equity market. At the Interbank Foreign Exchange or Forex market, thelocal currency opened sharply lower at 63.75 a dollar from it...

August 20, 2013 1:42 PM

Sensex trading 84 points down in afternoon trade

Sensex at the Bombay Stocks Exchange was trading 84 points down at 18,224 points a shortwhile ago. Extending losses for the third straight day, the Sensex tanked over 325 points to dip below the 18,000 level in the early trade today, to 17,982 points. The fall is attributed to sustained selling, as ...

August 20, 2013 11:45 AM

First vessel carrying LNG from Qatar arrives in Kochi port

In Kerala, the first vessel carrying LNG to the Petronet LNG Terminal at Puthuvype in Kochi reached the Cochin Port this morning.The vessel, Wil Energy is carrying 58424 metric tonnes of LNG from Qatar.Though the vessel reached the outer sea off Kochi on the 11th of this month it could not be berthe...

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