Business

May 3, 2013 1:12 PM

Sensex falls over 41 points in afternoon trade

The BSE benchmark Sensex fell over 41 points in afternoon trade today. The 30-share barometer declined by 84 points in opening trade as funds and investors preferred to trim their positions ahead of RBI credit policy meeting.The wide-based National Stock Exchange index Nifty down by 22 points to 5,9...

May 3, 2013 12:04 PM

Sensex falls over 66 points in late morning trade

The BSE benchmark Sensex fell over 66 points in late morning trade today.The 30-share barometer declined by 84 points in opening trade as funds and investors preferred to trim their positions ahead of RBI credit policy meeting.The wide-based National Stock Exchange index Nifty down by 20 points to 5...

May 3, 2013 11:04 AM

Rupee loses 17 paise to 53.98 against dollar

The rupee today lost 17 paise to 53.98 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies overseas. Forex dealers said, increased demand for the dollar from banks and importers and weak local equities also put pr...

May 3, 2013 11:04 AM

Oil takes breather in Asia after strong rally following ECB rate cut

Oil prices took a breather in Asian trade today as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.New York's main contract, light sweet crude for delivery in June, dropped 17 cents to 93.82 dollar a barrel and B...

May 3, 2013 11:04 AM

Sensex falls over 80 points in early trade

The BSE benchmark Sensex today fell over 84 points in early trade today as funds and investors preferred to trim their positions ahead of RBI credit policy meeting. The 30-share barometer declined by 84.12 points to 19,651.65 with stocks of interest-sensitive such as banking, auto and realty sectors...

May 3, 2013 9:01 AM

Mauritius invites Indian entrepreneurs to expand business in Africa

Mauritius has invited Indian investors to take advantage of the state of art facilities, opportunities and its strategic location to expand their business in Africa. Addressing a function in Dubai today, the Mauritius Industries and Commerce Minister Sayyad Abdal Qader Sayed Hosein said Mauritius of...

May 2, 2013 5:22 PM

Sensex up 232 pts to close at 19,736

The Sensex at the Bombay Stock Exchange surged 232 points, or 1.2 percent, to close at a three month high of 19,736, today, on buying by funds, amid expectations of a rate cut by the Reserve Bank, tomorrow. The Nifty at the National Stock Exchange spurted 69 points, or 1.2 percent, to 5,999.But Stoc...

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