India still 3rd most attractive destination for investment by TNCs: UNCTAD

India has retained its position as the world's third most attractive destination for investment by transnational corporations (TNCs) during 2013-15. In a survey by the United Nations Conference on Trade and Development, UNCTAD, based on responses of 159 companies, India was ranked after Chi...

Plan panel nod for K'taka's plan size of Rs 47,000cr for current year

Rupee appreciates 32 paise against dollar

Recovering from its all-time low, the rupee appreciated 32 paise, to 60.40 against the dollar, in early trade at the Interbank Foreign Exchange market, today. The rupee rose on fresh selling of the US currency by banks and exporters. Weakening of the dollar against other currencies in the overseas m...

Sensex gains over 280 points in afternoon trade

The Sensex at the Bombay Stock Exchange stood a solid 286 points, or 1.5 percent in positive territory, at 18,838 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a strong gain of 201 points, or 1.1 percent, at 18,753 on fresh buying by funds, triggered by a ...

RBI asks banks to periodically assess preparedness against cyber attacks

The Reserve Bank has directed the banks to periodically check their preparedness to prevent any cyber attack.In a communication to heads of banks, it said that there is a need to ensure that gaps identified from the testsare plugged in a timely manner. This should form part of the information securi...

Rupee down by 106 paise to close at all-time low of 60.72 against dollar

The rupee today tanked by a massive 106 paise to close at all-time low of 60.72 against dollar on heavy capital outflows and month-end dollar demand from importers, even as RBI intervened to stem the currency slide.The rupee resumed lower at 59.74 a dollar from overnight close of 59.66 at the Interb...

Sensex declines 77 pts to close at 18,552

The Sensex at the Bombay Stock Exchange declined 77 points, or 0.4 percent, to close at 18,552, today, even as the rupee breached the 60-mark against the dollar. The Nifty at the National Stock Exchange fell 20 points, or 0.4 percent, to 5,589.Stock markets in Japan, China, Hong Kong, South Korea an...

Rupee down to all-time low of 60.35 against dollar

At the interbank foreign exchange market, the rupee sank to an all-time low of 60.35 against the dollar in mid-session trade, today. Dragged down by heavy month-end demand for the US currency, and persistent foreign capital outflows from the domestic equity market, the rupee plunged 69 paise, to an ...

Sensex up by 27 points in afternoon trade

The Sensex at the Bombay Stock Exchange stood 27 points, or 0.2 percent in positive territory, at 18,656 in afternoon trade, amid volatility, a short while ago. Earlier in the morning, the Sensex had opened with a slim gain of 13 points, or 0.1 percent, at 18,642, amid firm regional bourses.Stock ma...

Sensex gains 22 points in afternoon trade

The Sensex at the Bombay Stock Exchange today gained 22 points to 18,651 in afternoon trade.Earlier the 30-share index rose 13 points in early trade extending gains for the second straight session. The gain came following the sustained buying by funds in bluechips amid a firm trend in the Asian regi...