Sensex up 112 points in late morning deals<br/>

The Sensex at the Bombay Stock Exchange was trading 112 points in positive territory at 19,804, in late morning 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 other Asian bourses. It had lost ...

PMO reviews top PSUs' capital expenditure; says spend targeted 1.42 lakh cr in current fiscal

The Prime Minister&apos;s Office, PMO, has asked about two dozen top PSUs including ONGC, GAIL, NTPC and BHEL to spend the targeted 1.42 lakh crore rupees in capital expenditure for the current fiscal or else pay higher dividends to help boost sagging economy.PMO will closely monitor capital inv...

Oil rebounds in Asia trade<br/>

Oil rebounded in Asian trade today on bargain-hunting following an overnight decline, but analysts said economic worries in energy guzzlers US and China would continue to weigh on sentiment.New York&apos;s main contract, light sweet crude for delivery in June gained 24 cents to 95.41 dollar a ba...

Sensex rises over 66 points in early trade

The sensex at the Bombay Stock Exchange today rose by over 66 points in early trade on selective buying by funds, amid an improving trend on other Asian bourses. The 30-share barometer gained 66 points, to 19,758. The index had lost over 430 points in yesterday&apos;s session.The Nifty at the Na...

Rupee loses eight paise; at 54.81 against dollar

The rupee today lost eight paise to 54.81 rupees against the dollar in early trade due to higher demand of the US currency from banks and importers.The domestic currency had closed higher by seven paise at54.73 rupees yesterday on fresh dollar selling by exporters andmoderate FII inflows.

Cobrapost expose: RBI completes probe; to take action against violators

The Reserve Bank has unearthed various discrepancies, including non-compliance of KYC norms and fictitious PAN, in its probe following the Cobrapost expose that alleged money laundering by banks.RBI had launched the investigation into the working of banks following the expose which showed some banke...

Cobrapost expose: RBi completes probe; to take action against violators

The Reserve Bank has unearthed various discrepancies, including non-compliance of KYC norms and fictitious PAN, in its probe following the Cobrapost expose that alleged money laundering by banks.RBI had launched the investigation into the working of banks following the expose which showed some banke...

NSE launches India's first dedicated debt trading platform in Mumbai

The National Stock Exchange-NSE-launched India&apos;s first dedicated debt trading platform in Mumbai yesterday. This trading platform is expected to provide an opportunity to retailers to invest in corporate bonds on a liquid and transparent exchange platform.Speaking to reporters after the ina...

RBI imposes restrictions on gold import by banks to meet jewellery exporters' needs

RBI imposes restrictions on gold import by banks