3,500 govt data banks available for public on govt website

General public can now access over 3,500 government data banks on a single website having a wealth of information, ranging from beneficiaries under various schemes to industrial output numbers. Launching the website www.data.gov.in, Telecom and IT Minister Kapil Sibal said: "Ever since the ...

Rupee up 12 paise at 61.18 against Dollar

The rupee recovered by 12 paiseto 61.18 against the dollar in early trade today at the Interbank Foreign Exchange following dollar selling by exporters and banks. A higher opening in the domestic equity market and a weak dollar against some currencies overseas also supported the gain in rupee.The ru...

Sensex recovers 27 points in early trade

Snapping a two-day losing streak, the BSE benchmark Sensex recovered by 27 points in early trade today to trade at 18,692 on emergence of buying by funds and retail investors in select stocks.Similarly, the broad-based National Stock Exchange indexNifty gained 6 points to trade at 5,525.In the Asian...

Rupee tumbles 53 paise, closes at fresh low of 61.30 against dollar

The rupee tumbled 53 paise, to a fresh all-time closing low of 61.30 against the dollar. Falling for the third straight day on Wednesday gold lost 280 rupees, to 28,340 rupees per ten grams in Delhi. Silver dropped 695 rupees, to 41,410 rupees per kilo.

Sensex down 68 points to close at 18,665

The Sensex at the Bombay Stock Exchange declined 68 points, or 0.4 percent, to close at 18,665, amid weak Asian and European markets, on Wednesday. The Nifty at the National Stock Exchange dropped 23 points, or 0.4 percent, to 5,519.Stock markets in Japan, Hong Kong, South Korea and Singapore slippe...

RBI to set up forum to check Ponzi schemes

In view of a series of chit fund frauds, the Reserve Bank of India has decided to set up a separate forum for coordination and sharing information to rein in such investment schemes. The RBI, at its Financial Stability and Development Council meeting in Mumbai yesterday, also stressed the need for a...

RBI to set up forum for coordination and sharing info to check Ponzi schemes

In view of a series of chit fund frauds, the Reserve Bank of India has decided to set up a separate forum for coordination and sharing information to rein in such investment schemes. The RBI, at its Financial Stability and Development Council meeting in Mumbai yesterday, also stressed the need for a...

RBI imposes Rs 5.6 lakh penalty on SBI for violation of norms

Sensex down 68 points to close at 18,665

The Sensex at the Bombay Stock Exchange declined 68 points, or 0.4 percent, to close at 18,665, amid weak Asian and European markets, today. The Nifty at the National Stock Exchange dropped 23 points, or 0.4 percent, to 5,519.Stock markets in Japan, Hong Kong, South Korea and Singapore slipped betwe...

Rupee tumbles by 63 paise to 61.40 against dollar

The rupee tumbled by 63 paise to 61.40 against the dollar in the late morning trade on fresh buying of US currency by banks and importers in view of fall in the equity market. The rupee resumed lower at 61.15 per dollar as againstm the last closing level of 60.77 per dollar yesterday at the Interban...