Rupee trades down 4 paise at 55.45 against dollar

The rupee snapped its initial gains to trade down by 4 paise at 55.45 rupees against the dollar in late morning deals following fresh demand of dollars from importers and some banks. The rupee opened higher at 55.35 rupees per dollar as against the previous closing level of 55.41 rupees. It slightly...

Sensex gains 33 points in late morning deals

The Sensex at the Bombay Stock Exchange gained 33 points to 20,144 in late morning deals. Earlier, the 30-share barometer gained 91 points to 20,203 points on selective buying by funds in IT, banking and metal stocks amid positive global cues.The Nifty at the National Stock Exchange moved up by 9 po...

Rupee up marginally by 6 paise at 55.35 against dollar

The rupee today recovered marginally by 6 paise to 55.35 against dollar at the Interbank Foreign Exchange on fresh selling of the US currency by exporters. Dealers say, strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market supported the ru...

Oil down in Asia as traders wait for US energy inventory report

Oil was down in Asia today as traders waited for the release of the latest energy inventory report from the United States. Analysts said, weak demand and surging crude stockpiles in the world's biggest economy have put downward pressure on prices and limited gains.New York's main c...

Sensex gains 91 points in early trade

The BSE benchmark Sensex gained 91 points to 20,203 in early trade today.The wide-based National Stock Exchange index Nifty moved up by 19 points to 6,133.Brokers said, buying by funds in select stocks amid a better trend in the Asian region mainly influenced the trading sentiment.Japan's N...

Indo-Swiss pact soon on co-operation in healthcare: Health Min

India and Switzerland will soonsign a pact to give further impetus to cooperation in the field of healthcare. Health & Family Welfare Minister Ghulam Nabi Azad and his Swiss counterpart Alain Berset held a bilateral meeting on the sidelines of World Health Assembly at Geneva and discussed va...

LBT: FAM says protest to continue till tax abolished

Even as a section of traders in Maharashtra have agreed to call off their prolonged agitation against the Local Body Tax, Federation of Associations of Maharashtra has said the protest would continue till the government abolishes the new tax.Speaking to reporters in Mumbai on Tuesday, FAM President ...

US consumer body launches FB campaign to enhance B'desh textile worker safety

A US consumer body has launched a Facebook campaign aimed at enhancing the safety of textile workers in Bangladesh after last month's deadlyfactory collapse that killed over 1,100 people.National Consumers League (NCL), a consumer and worker advocacy group, said that it is launching the soc...

Algorithmic trading must be be audited every six months: SEBI

Securities and Exchange Board of India - SEBI has made it mandatory for users to have their systems audited every six months and increased penalties on errant stock brokers. In a circular issued yesterday, SEBI has decided to tighten the norms for algorithmic trading following the recommendations by...

Sensex down 112 pts to close at 20,112