Sensex loses 120 points in afternoon trade

The Sensex at the Bombay Stock Exchange lost 120 points to 18,680 in afternoon trade. The fall was attributed to sustained selling by investors on renewed worries over domestic political stability and a weakening trend in global markets. The 30-share barometer fell by 173 points in opening trade.In ...

Kuwait govt to shell out $2.6bn to write off personal loans of citizens

Sensex falls 130 points in late morning trade

The Sensex at the Bombay Stock Exchange lost 130 points to stand at 18669 in late morning deals today. The fall was attributed to sustained selling by investors on renewed worries over domestic political stability and a weakening trend in global markets. The 30-share barometer fell by 173 points in ...

Oil mixed in Asia trade

Oil prices were mixed in Asia today as the market recovered after a snap reaction to data showing an unexpected surge in US inventories, which is a sign of weaker demand. New York's main contract, light sweet crude for deliveryin May shed four cents to 94 dollars 41 cents a barrel. Brent No...

Rupee loses 16 paise to quote at 54.59 against dollar

The rupee today lost 16 paise to 54 rupees 59 paise against the dollar in early trade. This follows continued capital outflows and increased demand from importers for the US currency.Besides, dollar's gains against euro overseas also putpressure on the rupee.The rupee had weakened by 17 pai...

SEBI Chief calls for watchdog over concerns on growing grey market in fin sector

Expressing concerns over the fast-growing grey market in the financial sector, the Securities and Exchange Board of India (SEBI) Chief U K Sinha on Wednesday, called for a single watchdog to regulate all entities collecting public money under various illegal means.He also pointed that these deposit-...

B'wood producer Bharat Shah's properties attached in duty evasion case

The Mumbai Customs has attached the properties of Bollywood producer Bharat Shah and his partner in a diamond export unit after they failed to cough up about 30 crore rupees as duty, penalty and interest amount in a 13-year-old duty evasion case.The attached properties include Shah's flat a...

Sensex falls by 173 points in early trade

The Sensex at the Bombay Stock Exchange fell by 173 points in early trade today. The fall was attributed to sustained selling by investors on renewed worries over domestic political stability and a weakening trend in global markets. The 30-share barometer had lost 239 points yesterday.The Nifty at t...

Govt to come out with pragmatic foreign trade policy to help push shipments

The Government today said that it will come out with a pragmatic foreign trade policy which will help push shipments. The policy is scheduled to be announced on the 18th of this month.Addressing the Confederation of Indian Industry Annual General Meeting in New Delhi , the Commerce Minister, Anand S...

Sensex remains weak; 62 points in the red in afternoon trade

The Sensex at the Bombay Stock Exchange fell 66 points, or 0.3 per cent, to 18,975 in early trade, today, on profit-booking by funds and speculators, after recent gains. Later, the Sensex remained weak, to stand 62 points, or 0.3 percent in the red, at 18,979 in afternoon trade, a short while ago. T...