Sensex loses over 90 points in afternoon trade

Surrendering all its initial gains, the Sensex at the Bombay Stock Exchange stood 95 points, or 0.5 percent in negative territory, at 19,074 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened with a gain of 40 points, or 0.2 per cent, at 19,210, on sustaine...

India sources crude from 30 countries in bid to diversify imports: MoS Petro

India has been trying to diversify its sources of crude oil imports in order to reduce its dependence on any particular region of the world. Currently, New Delhi is importing crude oil from more than 30 countries spread across different continents. This information was given in a written reply in th...

India wheat exports over 60 lakh tonnes from Sept 2011-March '13: Food Min

India exported over 60 lakh tonnes of wheat from September 2011 to 31st March this year. Out of this, nearly 31 lakh tonnes was exported under the Open General Licence from privately-held stocks. Giving this information in the Lok Sabha today, Minister for Consumer Affairs, Food and Public Distribut...

Sugar production sufficient to meet domestic demand: Food Minister

Sugar production in 2012-13 is estimated to be about two crore 46 lakh tonnes. This is sufficient to meet the domestic needs. Minister for Consumer Affairs, Food and Public Distribution Prof. K.V. Thomas said this in the Lok Sabha today. In a written reply, he said export of sugar is not viable at p...

Sensex trading 56 points down in late afternoon deals

The Sensex at the Bombay Stock Exchange was trading 55 points in negative territory to 19,114 in late afternoon deals, due to fresh selling pressure mainly in banking, capital goods, consumer durable and auto sectors on the back of lower Asian cues. The 30-share barometer gained over 40 points in ea...

Sensex falls 89 points in late morning deals

The Sensex at the Bombay Stock Exchange fell by 89 points at 19,081 in late morning deals today. Earlier, the 30-share barometer gained over 40 points in early trade on buying by funds and retail investors mainly in consumer durables, realty and capital goods sector stocks.The Nifty, at the National...

Rupee quotes down by 18 paise to 54.32 against dollar

The rupee trimmed its early losses against the American currency but was still quoted down by 18paise to 54 rupees 32 paise per dollar on month-end dollar demand from importers despite weakness of dollar in overseas.The rupee resumed lower at 54 rupees 24 paise per dollar as against the last closing...

EU to lift oil embargo on Syria & sanctions on Myanmar

Oil prices ease in Asia on weak Chinese manufacturing activity

Oil prices eased in Asia today as data showing weak Chinese manufacturing activity fuelled concerns over demand in the world's second-largest economy.New York's main contract, light sweet crude for delivery in June dropped 43 cents to 88.76 dollars a barrel on its first day of trad...

<br/>Rupee loses 21paise;at 54.35 against dollar<br/>

The rupee today lost 21 paise to 54 rpees 35 paise against the US dollar in early trade. The fall is attributed to appreciation of the American currencyagainst euro overseas.Increased demand for the dollar from importers also put pressure on the rupee.The rupee had closed 18 paise lower at 54 rupees...