Business

June 21, 2013 2:50 PM

Sri Lankan govt imposes ten percent tax on gold imports

Sri Lankan government today imposed a 10 percent tax on the import of gold. According to agency reports customs duty of 5 percent and surcharge of 5 percent has been imposed with immediate effect to restrict the sudden surfeit of gold imports in the country.According to officials the move has also b...

June 21, 2013 2:03 PM

Sensex gains 80 points in afternoon trade

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood 80 points, or 0.4 percent in positive territory, at 18,800 in afteroon trade, a short while ago.Earlier in the morning, however, the Sensex had opened with a loss of 79 points, or 0.4 percent, at 18,640, amid weakness in t...

June 21, 2013 1:57 PM

Rupee strengthens 38 paise against dollar

Erasing its early losses, the rupee today was trading higher by 38 paise at 59.19 rupees against the dollar on fresh selling of the US currency by exporters and banks.The rupee resumed lower at 59.74 rupees per dollar as against the last closing level of 59.57 rupees.It hovered in the range of 59.75...

June 21, 2013 12:59 PM

Sensex recovers by 100 points in afternoon trade

The Sensex at the Bombay Stock Exchange further recovered by 100 points to 18,819 in late afternoon trade. Earlier, the 30-share index fell by 61 points in late morning deals as shares of banking, consumer durable, healthcare, FMCG and metal sectors declined on sustained selling pressure.The Nifty a...

June 21, 2013 12:11 PM

Sensex recovers 61 points in late morning trade

The Sensex at the Bombay Stock Exchange recovered by 61 points to 18,781 in late morning trade. Earlier, the 30-share index fell by 79 points as shares of banking, consumer durable, healthcare, FMCG and metal sectors declined on sustained selling pressure.The Nifty at the wide-based National Stock E...

June 21, 2013 11:53 AM

Rupee trims losses but still quoting lower by 8 paise at 59.65

The rupee trimmed its early losses, but was still quoting lower by 8 paise to 59.65 rupees per dollar on demand of the US currency from banks and importers triggered by its higher value overseas.The rupee resumed lower at 59.74 rupees per dollar as against the last closing level of 59.57 rupees. It ...

June 21, 2013 10:55 AM

Oil flat in Asia on Fed easing stimulus & poor Chinese manufacturing data

Oil was flat in Asia today amid an extended sell-off in equities on concerns over the US central bank ending its multi-billion dollar economic stimulus measures, as well as poor Chinese manufacturing data.New York's main contract, West Texas Intermediate light sweet crude for delivery in Au...

June 21, 2013 10:23 AM

Sensex falls over 79 points tracking weak global market trend

The BSE benchmark Sensex today lostover 79 points in early trade as stocks of FMCG, metal, auto, healthcare and banking sectors fell on sustained capital outflows, tracking a weak trend in the global market. Extending losses for the second session, the 30-share index fell by 79.13 points to 18,640.1...

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