Business

May 15, 2013 10:39 AM

Sensex rises 158 points in early trade

The Sensex at the Bombay Stock Exchange rose by 158 points in early trade today, on sustained buying by funds and retail investors, mainly in realty, banking, auto and metal sector stocks. In yesterday's session, Sensex had gone up by 31 points.The Nifty at the National Stock Exchange regai...

May 15, 2013 8:54 AM

EC raids on oil firms in probe on price distortion charges

The offices of several firms involved in the oil market have been raided by European Commission officials. The commission said these companies may have colluded in reporting distorted prices. It did not name the firms, and said the raids do not mean the companies were guilty of any charges. BP, Roya...

May 15, 2013 8:44 AM

Follow clean note policy: RBI to banks; to run pilot project of plastic notes

RBI has asked banks to strictly follow the Clean Note Policy and issue only clean currency notes to public. In a notification issued from Mumbai, RBI has asked banks to do away with stapling of note packets and instead secure note packets with paper bands. It has further asked banks to sort notes in...

May 14, 2013 7:56 PM

Sensex gains 31 pts to close at 19,722

The Sensex at the Bombay Stock Exchange gained 31 points, or 0.2 percent, to close at 19,722, today, as inflation eased to an over three-year low. The Nifty at the National Stock Exchange rose 15 points, or 0.3 percent, to 5,995.Stock markets in Japan, China, Hong Kong, South Korea and Singapore aga...

May 14, 2013 4:29 PM

Sensex gains 31 pts to close at 19,722

The Sensex at the Bombay Stock Exchange gained 31 points, or 0.2 percent, to close at 19,722, today. The Nifty at the National Stock Exchange rose 15 points, or 0.3 percent, to 5,995.

May 14, 2013 2:51 PM

Inflation declines to three-and-a-half-year low in month ending April.

Declining price of food items, including fruits and vegetables, pulled down inflation to nearly a three-and-a-half-year low of 4.89 per cent in April. Inflation based on the Wholesale Price Index, WPI stood at 5.96 per cent in March. In April, 2012, it was 7.50 per cent. This is the lowest level of ...

May 14, 2013 2:50 PM

Sensex gains over 70 points in volatile afternoon trade.

The Sensex at the Bombay Stock Exchange gained 66 points, or 0.3 percent, to 19,758 in early trade, this morning, on selective buying by funds. Later, the Sensex stood 73 points, or 0.4 per cent in positive territory, at 19,765 in volatile afternoon trade, a short while ago.Stock markets in Japan, C...

May 14, 2013 1:13 PM

Sensex trading 61 points up in afternoon deals

Maintaining the upward trend, the Sensex at the Bombay Stock Exchange was trading 61 points in the positive territory at 19,752, in afternoon deals, when reports last came in. The 30-share barometer had opened 66 points in the green today, on selective buying by funds, amid an improving trend on oth...

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