Business

August 20, 2013 10:42 AM

Sensex loses over 325 points to dip below 18K mark

Extending losses for the third straight day, the Sensex at the Bombay Stocks Exchange 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 rupee plunged to fresh lows amid a weakening trend overseas. All sect...

August 20, 2013 9:47 AM

Rupee plunges further in early trade; hits record low of 63.75 vs Dollar<br/>

The rupee plunged further by 62 paise to hit a fresh record low of 63 rupees 75 paise against the US dollar in early trade today, on strong demand for the American currency from banks and importers. Besides, dealers said, melting domestic stock market and dollar&apos;s strength against major cur...

August 20, 2013 9:23 AM

FM calls for opening bank accounts for agri, business loans

Finance Minister P Chidambaram on Monday called upon the self help groups, farmers and entrepreneurs to open bank accounts and avail loan facilities for their business and agricultural needs.He said bank branches, which once used to exist in big cities and towns, have now come to the villages to hel...

August 20, 2013 9:23 AM

Rupee breaches the 63-level against US dollar

The rupee on Monday breached the 63-level in intra day trading for the first time against the US dollar in Foreign Exchange market on higher demand for dollar, particularly from oil importers.The currency tumbled by 1 rupees 65 paisa to 63 rupees 30 paisa, despite a series of measures by RBI and gov...

August 19, 2013 8:23 PM

Rupee breaches the 63-mark against $ at interbank foreign exchange market

At the interbank foreign exchange market, the rupee breached the 63-mark against the dollar, today, tumbling 148 paise, its biggest single-day fall in a decade, to a record closing low of 63.13 against the dollar. During the session, the rupee had slipped to an all-time intra-day low of 63.30 to the...

August 19, 2013 12:10 PM

Sensex down by 215 points in noon trade

Sensex at the Bombay Stock Exchange tumbled by 215 points to 18382 in late morning trade today on persistent selling pressure in banking, capital goods, auto, PSU and realty sectors. Earlier, the BSE benchmark plunged by nearly 222 points, to around 18,376 in opening trade

August 18, 2013 8:04 PM

STPI cross Rs 2000 Crore software export mark<br/>

Software Technology Parks of India (STPI) Mohali has crossed Rs. 2000 Crore of software export mark, which is a milestone for Tier II city. Disclosing this at Chandigarh today Industries and Commerce Minister of Punjab, Mr. Anil Joshi said that during the financial year 2011-12, the export from this...

Most Read

View All arrow-right

No posts found.