Business

April 22, 2013 12:41 PM

Oil prices rises in Asian trade today

Oil prices rose in Asian trade today as traders bought up cheap crude following a price plunge last week as investors waited for fresh economic data from China. New York's main contract, light sweet crude for delivery in May, added 29 cents to 88.30 dollar a barrel and Brent North Sea crude...

April 22, 2013 11:00 AM

IMF and Egyptian officials working to reach a loan deal

International Monetary Fund, IMF, and Egyptian officials have said that they were working to reach a loan deal in coming weeks. A statement was issued in Washington on Sunday after a meeting of the IMF Chief Christine Lagarde and the Egyptian officials. It said that the two sides have made progress ...

April 22, 2013 10:36 AM

Rupee looses 8 paise against dollar in early trade

The rupee today lost 8 paise to 54 rupees 04 paise against the US dollar in early trade.The rupee had gained 25 paise to close at over one-month high of 53 rupees 96 paise against the dollar on Thursday after rally in equities.

April 22, 2013 10:04 AM

BSE Sensex gains 69 points in early trade today

The Sensex at the Bombay Stock Exchange rose by 69 points in early trade today, on buying by funds amid a firm trend in other Asian bourses. The 30-share index had gained 285 points in the previous session on Thursday.The Nifty at the National Stock Exchange moved up by 27 points to 5,810.In the Asi...

April 21, 2013 9:20 PM

Govt further slashes tariff value of gold, silver

Government today further slashed the tariff value of gold to 449 US Dollars per ten grams and silver to 762 US Dollars per kg, in view of falling global prices of the precious metals. Tariff value is the base price on which the customs duty is determined to prevent under-invoicing.It was only two da...

April 19, 2013 10:08 AM

UN report:Indian economy likely to grow at 6.4% in 2013

A United Nations report says Indian economy is likely to grow at 6.4 per cent rate in 2013, outpacing the 6 per cent expansion in developing Asia-Pacific economies in the same period. United Nations' Economic and Social Survey of Asia and the Pacific 2013 said India is expected to recover f...

April 18, 2013 5:27 PM

Sensex up 285 pts to close at 19,016

The Sensex at the Bombay Stock Exchange surged 285 points, or 1.5 percent, to regain the 19,000-level after two weeks, and close at 19,016, today. The Nifty at the National Stock Exchange rose 94 points, or 1.7 percent, to 5,783.Stock markets in Japan, China, Hong Kong, South Korea and Singapore aga...

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