Firm global cues push rupee down 23 paise to 59.89 vs dollar

Sensex rises marginally in late morning deals

The Sensex at the Bombay Stock Exchange today gained 7 points to 18,635 in late morning deals. 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 r...

Sri Lanka urges India to do more to help plug growing trade deficit

Sri Lanka has urged India to do more to ensure a balance in bilateral trade. This message was conveyed at the official talks between the two countries on Trade, Investment and Economic Cooperation, co-chaired by visiting Commerce Secretary S R Rao and his Srilankan counterpart Dr. P.B. Jayasundera i...

Sri Lanka urges India to do more to help plug growing trade deficit with India

Sri Lanka has urged India to do more to ensure a balance in bilateral trade. This message was conveyed at the official talks between the two countries on Trade, Investment and Economic Cooperation, co-chaired by visiting Commerce Secretary S R Rao and his Srilankan counterpart Dr. P.B. Jayasundera i...

Rupee loses 12 paise to quote 59.78 against dollar

The rupee today fell by 12 paise to 59 rupees 78 paise against the dollar in early trade on the Interbank Foreign Exchange market. The rupee had closed two paise higher at 59 rupees 66 paise yesterday on some strength in local equities and dollar selling by exporters.

Sensex gains 13 points in early trade

The Sensex at the Bombay Stock Exchange today rose 13 points in early trade extending gains for the second straight session. The gain came following sustained buying by funds in bluechips amid a firm trend in the Asian region. The 30-share index, which had gained 88 points in the previous session, r...

Fin Min asks LIC to set up special team to settle claims of U'khand flood-affected

Finance Minister P. Chidambaram has asked the Life Insurance Corporation, LIC to constitute a special team to settle claims of those affected by the recent natural calamity in Uttarakhand. He asked LIC to open a major camp office in Dehradun to settle the claims on centralized basis. He said that LI...

Proposal to collect hefty visa cash bonds from Indians not being considered by UK

India on Tuesday said UK has conveyed that the proposal to collect hefty visa cash bonds from Indians has not been considered by the British government.This was conveyed to Commerce and Industry Minister Anand Sharma by Vince Cable, Secretary of State for Business,Innovation and Skills during a meet...

Fin Min asks LIC to set up special team to settle claims of people affected by U'khand floods

Finance Minister P. Chidambaram has asked the Life Insurance Corporation, LIC to constitute a special team to settle claims of those affected by the recent natural calamity in Uttarakhand. He asked LIC to open a major camp office in Dehradun to settle the claims on centralized basis. He said that LI...

Finance Minister terms outflow of $5bn unfortunate

Finance Minister P Chidambaram has termed the sudden outflow of 5 billion US dollars as unfortunate. He, however, said that there should be no room for pessimism, as fundamentals of our economy are intact. Talking to reporters after a function in New Delhi yesterday, Mr. Chidambaram said, among the ...