Business

April 9, 2013 2:20 PM

Dubai sees gold trade crossing $70bn in 2012

Dubai, nicknamed as the city of Gold saw the trade in yellow metal cross $70 billion in 2012 from a mere $6 billion in2003. This was disclosed at the Dubai Precious Metals Conference by the Executive chairman of Dubai Multi Commodities Center (DMCC), Ahmed bin Sulayem. He said that Dubai has risen a...

April 9, 2013 1:42 PM

Sensex gains 18 points in volatile afternoon trade

The Sensex at the Bombay Stock Exchange rose 73 points, or 0.4 per cent, to 18,511 in opening trade, this morning, on fresh buying by funds and retail investors, amid positive Asian bourses. Later, after rising more than a hundred points at one stage, the Sensex gave up most of its gains, to stand j...

April 9, 2013 12:54 PM

Sensex keeps upward trend; gains 112 points in noon trade

The BSE benchmark Sensex kept its upward trend and was up by 112 points during noon. The 30-share barometer which opened with over 73 points in the green in early trade today, kept on rising and was trding at 18,550 with 112 points up. Similarly, the wide-based National Stock Exchange index Nifty mo...

April 9, 2013 11:54 AM

Rupee rules firm, up 12 paise at 54.44 against dollar

The rupee continued to rule firm against the American currency in the late morning trade and was quoted higher by 12 paise to 54.44 per dollar on sustained selling of dollars by banks and exporters amidst firm dollar overseas.The rupee resumed higher 54.49 per dollar as against the closing level of ...

April 9, 2013 10:49 AM

Japan's aggressive easing ups Asia oil gains

Oil extended gains in Asia today as financial markets cheered Japan's aggressive monetary easing policy seen as key to reviving the world's third largest economy. New York's main contract, light sweet crude for delivery in May, added 29 cents to 93.65 dollar a barrel and B...

April 8, 2013 8:12 PM

SC defers proceedings against Sunil Bharti Mittal till 16th April

The Supreme Court on Monday postponed till April 16 the proceedings in the Special CBI court against Sunil Bharti Mittal, CMD of Bharti Cellular Limited in 2G spectrum allocation case in 2002. He has been summoned as an accused in the case .CBI, which told the apex court that investigation into the ...

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