Business

July 24, 2013 11:14 AM

Sensex snaps 5-day rally; Declines 76 points in early trade

Snapping its five-day rally, the Sensex at the Bombay Stock Exchange fell by 76 points in early trade today, after the RBI announced additional liquidity tightening measures to check the rupee slide. The 30-share index had gained over 451 points in the past five sessions.The Nifty at the National St...

July 24, 2013 10:32 AM

Rupee gains 26 paise on fresh dollar selling

The rupee gained 26 paise to 59 rupees 50 paise in early trade today, on fresh dollar selling by exporters, after the RBI announced additional measures to arrest the local currency's slide. The rupee had lost four paise, to close at 59 rupees 76 paise against the dollar yesterday, on sustai...

July 24, 2013 10:32 AM

Sensex snaps 5-day rally; Declines 76 points in early trade

Snapping its five-day rally, the Sensex at the Bombay Stock Exchange fell by 76 points in early trade today, after the RBI announced additional liquidity tightening measures to check the rupee slide. The 30-share index had gained over 451 points in the past five sessions.The Nifty at the National St...

July 24, 2013 9:23 AM

India-Israel working on Free Trade Agreement

India-Israel bilateral trade has grown up from a mere 200 million dollars in 1992 to 4.4 billion dollars in 2012. The two countries are working on a Free Trade Agreement, FTA to give impetus to the trade and commerce ties. The bilateral trade and commerce ties is set to get a boost with the upcoming...

July 3, 2013 5:50 PM

Sensex down 286 pts to close at 19,178

Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 286 points, or 1.5 percent, to close at 19,178, amid a weakening rupee, and falling global markets, today. The Nifty at the National Stock Exchange fell 87 points, or 1.5 percent, to 5,771.Stock markets in Japa...

July 3, 2013 5:16 PM

Sensex down 286 pts to close at 19,178

The Sensex at the Bombay Stock Exchange declined 286 points, or 1.5 percent, to close at 19,178, amid falling global markets, today. The Nifty at the National Stock Exchange fell 87 points, or 1.5 percent, to 5,771.Stock markets in Japan, China, Hong Kong, South Korea and Singapore lost between 0.3 ...

July 3, 2013 12:16 PM

Montek in Kuwait; asks Gulf State to invest in India growth

Kuwait has been invited to expand its investment and contribute to the India growth story. Addressing a gathering in Kuwait City, the Planning Commission Deputy Chairman, Montek Singh Ahluwalia said that the investment climate in India has improved with a series of measures announced by the Governme...

July 3, 2013 12:16 PM

Rupee falls by 37 paise; slips below 60 mark agains vs dollar

The rupee fell by 37 paise to again slip below the 60 mark to 60 rupees 03 paise in early trade today, on heavy dollar demand tracking strengthening of the US currency overseas. The domestic currency had touched an all-time low of 60 rupees 76 paise against the dollar on June 26.The rupee had deprec...

July 3, 2013 11:58 AM

Rupee recovers from early losses;but quoting 3 paise lower against dollar

The rupee recovered from initial losses but was still quoting lower by three paise at 54 rupees 75 paise inlate morning deals on mild dollar demand from banks and importers on the back of firm global cues.The local currency had earlier lost 18 paise to 54 rupees 90 paise in opening trade. Good dolla...

July 3, 2013 10:31 AM

Rupee loses 18 paise; at 54.90 against dollar

The rupee today lost 18 paise to 54.90 in early trade on the Interbank Foreign Exchange due to renewed dollar demand from importers and appreciation of the US currency overseas. Forex dealers said a weak opening in the domestic stock market also put pressure on the local unit.The domestic currency h...

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