Gold prices crash by Rs 1,160 to Rs 26,440

Falling for the third straight session, gold crashed by a whopping 1,160 rupees, to slip below the 27,000-rupee level, at 26,440 rupees per ten grams at Delhi's bullion market, on Tuesday, on cues from the global markets. Silver plunged 1,875 rupees, to 46,125 rupees per kilo.In Singapore, ...

Sensex surges 387 points on rate cut hopes

Rising for the second straight session, the Sensex at the Bombay Stock Exchange shot up 387 points, or 2.1 percent. Its biggest single-day gain in seven months to close at 18,745, on Tuesday. The Sensex rose on hopes of aggressive rate cut by the Reserve Bank, and likely relief on the Current Accoun...

IMF talks with Egypt on loan ends wothout agreement<br/>

Sensex rises over 230 points in noon trade<br/>

The Sensex at the Bombay Stock Exchange today rose nearly by 232 points during noon trade. The 30-share barometer which opened on green note during morning trade with 171 points up, kept its upward trend and was up by 232 points to trade at 18,589. Similarly, the Nifty, at the National Stock Exchang...

Rupee gains 19 paise to 54.43 against dollar

The rupee today gained 19 paise to54.43 against the dollar in early trade at the Interbank Foreign Exchange today on increased selling of the US currencyby exporters.Besides, strengthening of yen and euro against the dollarin overseas market and a higher opening in the equity marketalso supported th...

Sensex surges over 220 points in afternoon trade

Extending its initial gans, the Sensex at the Bomaby Stock Exchange surged 226 points, or 1.2 percent, to 18,584, in afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a gain of 171 points, or 0.9 percent, at 18,529, on continued buying by funds and retail investo...

State transport buses not to pay toll following issuing of new tenders:Maha CM

Maharashtra government has said that state transport (ST) buses would be exempted from paying toll following the issuance of new tenders.Hence forward whenever new tenders would be issued ST would be exempted from paying toll.Chief Minister Prithviraj Chavan said this in the Legislative Council on M...

Fresh round of talks for India-EU FTA opens on positive note in Brussels

A fresh round of negotiations for the long-awaited free trade agreement (FTA) between India and the European Union opened on a positive note Monday, giving renewed momentum to take the discussions forward.Commerce and Industry Minister Anand Sharma held talks with EU Trade Commissioner Karl De Gucht...

Pulitzer for NYT story on how Walmart expanded Merxico base through bribery

The New York Times won four Pulitzer Prizes yesterday, including the award for investigative reporting for stories that detailed how Wal-Mart used bribery to expand in Mexico.The Sun Sentinel in Fort Lauderdale, Florida, was awarded the public service Pulitzer for its reporting on off-duty police of...

Petrol cheaper by a rupee per litre

The price of petrol has been cut by one rupee per litre, excluding VAT.The new rate came into force from midnight last night.The new rate in Delhi is 66 rupees 9 paise per litre, and in Mumbai,it will cost 72 rupees 88 paise per litre.In Chennai, people will have to pay 69 rupees, 8 paise for a litr...