Business

June 12, 2013 10:38 AM

Oil prices slip in Asian trade

Oil prices fell in line with Asian equities today following the Bank of Japan's decision to hold off unveiling any fresh economic stimulus.New York's main contract, light sweet crude for delivery in July dropped 61 cents to 94.77 dollars a barrel and Brent NorthSea crude for July d...

June 12, 2013 10:38 AM

RBI measures bolster rupee ; quotes 19 paise up at 59.20 vs dollar

The rupee recovered by 19 paise to 58.20 against the dollar in early trade today at the Interbank Foreign Exchange market. This follows RBI's announcement of steps to check free-fall in rupee, raising the limit for online repatriationof export proceeds by over three-fold to 10,000 dollars.B...

June 12, 2013 10:37 AM

Sensex falls over 90 points in early trade

The BSE Sensex declined by over 90 points in early trade today on sustained selling by funds amid a weakening trend on other Asian bourses. The sensex had lost over 298 points in yesterday's session.Similarly, the wide-based National Stock Exchange indexNifty fell by 13.40 points to 5,775.4...

June 12, 2013 9:45 AM

Rupee hits fresh low against dollar

At the interbank foreign exchange market, the rupee extended its losses for the fifth straight day on tuesday, weakening 24 paise, to an all time closing low of 58.39 to the dollar. Earlier in the day, in a roller coaster session, the rupee had hit a life-time low of 58.98 against the dollar, on bea...

June 12, 2013 9:37 AM

Sensex down 298 pts to close at 19,143

The Sensex at the Bombay Stock Exchange plunged 298 points, or 1.5 percent, to close at a nearly two-month low of 19,143, as the rupee hit a fresh low against the dollar, and as global markets lost ground on tuesday. The Nifty at the National Stock Exchange dropped 89 points, or 1.5 percent, to 5,78...

June 12, 2013 9:37 AM

Sensex down 298 pts to close at 19,143

The Sensex at the Bombay Stock Exchange plunged 298 points, or 1.5 percent, to close at a nearly two-month low of 19,143, as the rupee hit a fresh low against the dollar, and as global markets lost ground on thusday. The Nifty at the National Stock Exchange dropped 89 points, or 1.5 percent, to 5,78...

June 12, 2013 9:36 AM

France cancels 1800 flights across country as ATCs begin strike

French Civil Aviation authorities announced the cancellation of 1,800 flights on Tuesday throughout the country as air traffic controllers started a three-day strike. The Director General of Civil Aviation has asked airlines to reduce their flights by 50 percent for three days at eight airports incl...

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