Sensex up 51 pts in noon trade

The Sensex at the Bombay Stock Exchange was trading 51 points up in late morning deals today. The gain comes as stocks of IT, capital goods and banking sectors recovered on fresh spell of buying, driven by a firming trend overseas. The 30-share index which rose by 137 points in early trade gained 45...

Rupee tumbles to all-time low to 57.77, down 71 paise against dollar

The rupee today fell by a whopping 71 paise to hit a new life-time low of 57 rupees 77 paise in the late morning trade. Th fall comes after the persistent dollar demand from importers and and banks amid the US currency gaining overseas. The rupee which resumed lower at 57 rupees 18 paise against the...

Oil prices up Asian trade

Oil prices rose in Asian trade today as moderate growth in new jobs in the United States raised hopes about a pick-up in demand in the world's biggest crude consumer. New York's main contract for delivery in July, gained 12 cents to 96.15 dollar a barrel and Brent North Sea crude f...

Rupee loses 48 paise against dollar, hits all time low of 57.54

The rupee lost 48 paise today to hit an all time low of 57.54 in early trade on heavy dollar demand and the US currency strengthening against major rivals overseas. Forex dealers said, a firming dollar against euro and other currencies in the global market on the back of better-than-expected US jobs...

Sensex up 137 pts in early trade

The BSE benchmark index Sensex rose by 137 points in early trade today to 19,566 as stocks of IT, capital goods and banking sectors recovered on fresh spell of buying, driven by a firming trend overseas.On similar lines, the National Stock Exchange index Nifty gained 40 points to trade at 5,921.In A...

Huge potential for export of India's computer software in Middle East and North Africa region

The Middle East and North Africa region has huge potential for export of India's computer software and services sector. Indian exporters can expand their markets with their innovation, quality and cost effectiveness. Regional Director of Electronics and Computer Software Export Promotion Co...

India offers help for revival of 300 apparel factories in Myanmar

India has offered to help in revival of 300 apparel factories in Myanmar. During his meeting with the Myanmar President, U Thein Sein in Nay Pyi Taw on Friday, the Union Minister of Commerce, Industry and Textiles, Anand Sharma also offered five million US Dollars Line of Credit for revival of these...

India offers help for revival of 300 apparel factories in Myanmar

India has offered to help in revival of 300 apparel factories in Myanmar. During his meeting with the Myanmar President, U Thein Sein in Nay Pyi Taw on Friday, the Union Minister of Commerce, Industry and Textiles, Anand Sharma also offered five million US Dollars Line of Credit for revival of these...

RBI to come out with paper on banking structure: Subbarao

Reserve Bank of India will come out with a paper on the banking structure in the country discussing issues like consolidation even as it prepares to issue new bank licences after a decade. RBI Governor D Subbarao told the media that, enforcement agencies and tax authorities will be involved before i...

India offers USD 150 million credit to Myanmar for setting up SEZ