Dollar gains against Euro overseas leads to rupee fall by 12 paise

The rupee lost 21 paise to 54.98 against the dollar in early trade today on the Interbank Foreign Exchange due to appreciation of the US currency against euro overseas. Increased demand for the dollar from importers also put pressure on the rupee. Dealers attributed the rupee's fall to doll...

Sensex gains 54 points in early trade

The BSE benchmark Sensex gained 54 points in early trade today on continued foreign funds inflow and a firming trend in the Asian region. The 30-share index by 54 points to 20,302 with IT, oil and gas, realty, auto and capital goods stocks leading the gains.Similarly, the wide-based National Stock E...

Over a lakh Nepal-domiciled GOI pensioners to benefit from IEWON schemes

Over a lakh Nepal-domiciled pensioners to benefit from IEWON schemes

Trafficked workers in slave-like conditions on rise in S.America's biggest economy, Brazil

In Brazil, police say, they have identified a gang specialising in trafficking Bangladeshi nationals into the country. About 80 workers have been lured by their own countrymen with promises of earning up to 1,500 dollars a month. But they ended up as slave labour in order to pay their smugglers near...

Economic & social inclusion on agenda of Commonwealth meet in Geneva

Health ministers from Commonwealth countries will meet in Geneva later this week to discuss ways to ensure economic and social inclusion of people facing mental health issues.During the meeting on May 19, the ministers will also recommend strategies to tackle health problems facing the Commonwealth ...

Sensex up 34 pts to close at 20,247

Rising for the third straight day, the Sensex at the Bombay Stock Exchange gained 34 points to close at a fresh 28-month high of 20,247, today, on continued hopes of a rate cut. The Nifty at the National Stock Exchange rose 23 points, to 6,170.Stock markets in China, Hong Kong, South Korea and Singa...

Manufacturing only option to address CAD & trade deficit: Industry Policy Secy

The government says, bringing hi-tech manufacturing to centrestage is its top priority to achieve inclusive growth and economic development in the country. Speaking at a FICCI award function in New Delhi today, Secretary Department of Industrial Policy and Promotion Saurabh Chandra said, manufacturi...

Sensex up 33 points in afternoon trade

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood 33 points, or 0.2 percent in positive territory, at 20,246 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened with a loss of 51 points, or 0.3 per cent, at 20,162. The Sensex had ...

Manufacturing only option to address current & trade deficit: Industry Policy Secy

The government says, bringing hi-tech manufacturing to centrestage is its top priority to achieve inclusive growth and economic development in the country. Speaking at a FICCI award function in New Delhi today, Secretary Department of Industrial Policy and Promotion Saurabh Chandra said, manufacturi...