Business

April 13, 2013 7:56 PM

Gold suffers biggest ever one day loss of 1250 rupees

Gold prices have crashed further. The yellow metal suffered its biggest ever loss on global cues with bullion market posting 28,350 rupees per ten gram today, a fall of 1,250 rupees to hit one-year low. Frantic selling by stockists amid a steep fall in overseas markets said to be among the causes of...

April 13, 2013 4:51 PM

Gold prices crash, touch 1 year low

Gold prices have crashed further. The yellow metal suffered its biggest ever loss on global cues with bullion market posting 28,350 rupees per ten gram today, a fall of 1,250 rupees to hit one-year low. Frantic selling by stockists amid a steep fall in overseas markets said to be among the causes of...

April 13, 2013 4:38 PM

<br/>Gold prices crash further

Gold prices have crashed further. The yellow metal suffered its biggest ever loss on global cues with bullion market posting 28,350 rupees per ten gram today, a fall of 1,250 rupees to hit one-year low. Frantic selling by stockists amid a steep fall in overseas markets said to be among the causes of...

April 12, 2013 5:33 PM

Sensex down 300 pts to close at 18,243

The Sensex at the Bombay Stock Exchange plunged 300 points, or 1.6 percent, to close at 18,243, dragged down by IT stocks, particularly Infosys, and as regional and European markets lost ground, today. The Nifty at the National Stock Exchange dropped 65 points, or 1.2 percent, to 5,529.Stock markets...

April 12, 2013 2:13 PM

Sensex plunges over 300 points in afternoon trade

The Sensex at the Bombay Stock Exchange plunged 295 points, or 1.6 per cent, to 18,248 in early trade, today, dragged down mainly by losses in IT stocks, particularly Infosys, which forecast lower-than-expected sales for the 2013-14 fiscal.Later, the Sensex lost further ground, to stand 327 points, ...

April 12, 2013 1:30 PM

Sensex down 300 points during noon trade

The BSE benchmark Sensex today was down by over 300 points during noon. The 30-share index which fell sharply by while opening in the morning,continued to be in the red and was down 312 points to trade at 18,230 .Similarly, the wide-based National Stock Exchange index Nifty also declined by 77 point...

April 12, 2013 1:22 PM

Oil mixed in Asia trade as Int'l Energy Agency lowers demand forecast

Oil was mixed in Asia today as the International Energy Agency&apos;s lower forecast for growth in world energy demand weighed on the market.The Paris-based IEA yesterday projected that global oil demand would grow by 795,000 barrels per day to a total of over 90 million barrels a day in 2013.Ne...

April 12, 2013 12:49 PM

Country on path to recovery but CAD a major challenge: Montek

Deputy Chairman of Planning Commission Montek Singh Ahluwalia today said that the current financial year will be good for the Indian economy. Speaking to media persons in New Delhi,Ahluwalia said the signs indicate that the slowdown in the economy has come to end and the country is on the recovery p...

April 12, 2013 12:30 PM

Rupee trims initial gains;quotes 2 paise up at 54.59 against dollar

The rupee trimmed its initial gains against the American currency but was still quoted up by two paise to 54.49 per dollar. This follows continued selling of the US currency by exporters.The rupee had gained 7 paise to close at 54.51 against the dollar on Wednesday on smart recovery in local equitie...

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