Business

May 27, 2013 12:09 PM

Rupee falls 2 paise against dollar

The rupee trimmed its initial losses, but was still trading lower by two paise to 55.65 rupees against the dollar. This follows good demand of the American currency from some banks, despite it being bearish overseas.The rupee opened sharply lower at 55.70 rupees per dollar as against the previous cl...

May 27, 2013 12:08 PM

Sensex up 165 pts in noon trade

The Sensex at the Bombay Stock Exchange today gained 165 points, to, 19,869 in late morning deals. This follows buying in frontline shares of oil & gas, health care, realty, consumer durable and teck counters. Earlier, the 30- shre barometer gained 101 points in opening trade.The Nifty at th...

May 27, 2013 10:56 AM

Oil prices lower in Asian trade

Oil prices were lower in Asian trade today. Oil prices were dragged down by prospects of weaker crude demand from China and a buildup in US stockpiles.New York's main contract, West Texas Intermediate light sweet crude for delivery in July, dropped 64 cents to 93.51 dollars a barrel in the ...

May 27, 2013 10:55 AM

Rupee falls 10 paise against dollar

The rupee today lost 10 paise to 55.73 against the dollar in early trade, extending fall for the seventh straight day. The fall is attributed to higher demand for the US currency from banks and importers.The domestic currency had closed lower by four paise atfresh six-month low of 55.63 against the ...

May 27, 2013 10:55 AM

Sensex up over 101 points in early trade

The BSE benchmark Sensex today rose over 101 points in early trade. This follows buying by funds in oil and gas, consumer durables, PSU and metal stocks despite a weak trend in the Asian region.The 30-share barometer gained 0.51 per cent, to 19,806 points. The index had gained 30 points in the previ...

May 27, 2013 10:16 AM

Oil prices lower in Asian trade

Oil prices were lower in Asian trade today. Oil prices were dragged down by prospects of weaker crude demand from China and a buildup in US stockpiles.New York's main contract, West Texas Intermediate light sweet crude for delivery in July, dropped 64 cents to 93.51 dollars a barrel in the ...

May 27, 2013 10:16 AM

Rupee down 10 paise against dollar in early trade <br/>

The rupee today lost 10 paise to 55.73 against the dollar in early trade, extending fall for the seventh straight day. The fall is attributed to higher demand for the US currency from banks and importers.The domestic currency had closed lower by four paise at fresh six-month low of 55.63 against the...

May 27, 2013 10:16 AM

Sensex up 101 points in early trade

The BSE benchmark Sensex today rose over 101 points in early trade. This follows buying by funds in oil and gas, consumer durables, PSU and metal stocks despite a weak trend in the Asian region.The 30-share barometer gained 0.51 per cent, to 19,806 points. The index had gained 30 points in the previ...

May 26, 2013 8:29 PM

8% growth rate in next 2 to 3 years, says PM

Prime Minister Dr Manmohan Singh today said the Indian economy will be brought back to eight percent growth rate in next two to three years.In an interview to Japanese media in the run up to his official visit to Japan that begins on Monday, Dr Singh said the growth rate came down last year to five ...

May 24, 2013 4:58 PM

Sensex up 30 pts to close at 19,704

Snapping four days of losses, the Sensex at the Bombay Stock Exchange rose a modest 30 points, or 0.2 percent, to close at 19,704, today. The Nifty at the National Stock Exchange gained 17 points, or 0.3 percent, to 5,984.Stock markets in Japan, China and South Korea climbed between 0.2 percent and ...

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