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May 21, 2013 8:30 AM
Finance Minister P Chidambaram has favoured mergers in the banking industry so that India can have two-three global sized banks.Addressing the Annual Day function of the Competition Commission of India in New Delhi yesterday, he said, bank mergers could lead to too-big-to-fail entities.In its annual...
May 20, 2013 9:58 PM
Finance Minister P. Chidambaram has said that the Indian economy is entering a new phase of strong growth supported by transparent and effective institutions.Delivering the annual day lecture at a function organised by Competition Commission of India, in New Delhi on Monday, the Finance Minister exp...
May 20, 2013 9:23 PM
Snapping a four-session rally, the Sensex at the Bombay Stock Exchange declined 62 points, or 0.3 percent, to close at 20,224 on Monday, on profit-booking by investors. The Nifty at the National Stock Exchange fell 30 points, or 0.5 percent, to 6,157.But stock markets in Japan, China, Hong Kong and ...
May 20, 2013 2:36 PM
The Sensex at the Bombay Stock Exchange surged 138 points, or 0.7 percent, to 20,424 in early trade, today, on sustained buying by funds and retail investors, amid firm regional bourses. Later, the Sensex trimmed its initial gains, to stand 85 points, or 0.4 percent in the green, at 20,371 in aftern...
May 20, 2013 2:00 PM
The Sensex at the Bombay Stock Exchange surged 138 points, or 0.7 percent, to 20,424 in early trade, today, on sustained buying by funds and retail investors, amid firm regional bourses. Later, the Sensex trimmed its initial gains, to stand 85 points, or 0.4 percent in the green, at 20,371 in aftern...
May 20, 2013 1:11 PM
The BSE benchmark Sensex gained by 75 points to 20,361 in afternoon trade today on sustained buying by funds and retail investors triggered by a firming trend on other Asian bourses. Earlier, in the morning, the Sensex had opened with a gain of 138 points.The wide-based National Stock Exchange index...
May 20, 2013 1:02 PM
The rupee lost 12 paise to trade below 55 level against the dollar on sustained demand of the US currency from importers despite lower dollar overseas. Earlier rupee weakened by 10 paise to 54.98 against the dollar during morning deals today.The rupee opened weak at 55.06 per dollar as against the p...
May 20, 2013 12:19 PM
The BSE benchmark Sensex gained by 83 points to 20,369 in late morning trade today on sustained buying by funds and retail investors triggered by a firming trend on other Asian bourses.Earlier, in the morning, the Sensex had opened with a gain of 138 points.The wide-based National Stock Exchange ind...
May 20, 2013 12:18 PM
The BSE benchmark Sensex gained by 119 points in late morning trade today on sustained buying by funds and retail investors triggered by a firming trend on other Asian bourses.Earlier, in the morning, the Sensex had opened with a gained of 138 points.The wide-based National Stock Exchange index Nift...
May 20, 2013 11:32 AM
Oil prices were down in Asian trade today as investors locked in profits from last week's gains after US stocks blazed to new record levels. The US benchmark contract, West Texas Intermediate for June delivery, was down five cents to 95.97 dollar a barrel and Brent North Sea crude for deliv...
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