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March 15, 2013 12:06 PM
The Sensex at the Bombay Stock Exchange is trading 19,522 points down by 55 points in noon trade. Earlier the Sensex rose by nearly 99 points in morning deals on sustained buying by funds amid a firm trend on other Asian bourses.The wide-based National Stock Exchange index Nifty moved down by 6 poin...
March 15, 2013 11:17 AM
Oil prices rose in Asian trade today as a weaker US currency made the dollar-priced commodity cheaper and spurred demand.Upbeat employment data in the United States also buoyed sentiment and fuelled hopes demand will improve in the world's biggest oil consuming nation. New York's m...
March 15, 2013 10:30 AM
The rupee today gained 24 paise to 54 rupees 11 paise against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters and banks.Forex dealers said, a higher opening in the domestic equity market and strengthening of euro and yen against...
March 15, 2013 10:30 AM
The Sensex at the Bombay Stock Exchange today rose by nearly 99 points in early trade on sustained buying by funds amid a firm trend on other Asian bourses. The 30-share index, which had gained 208 points yesterday, rose further by 99 points, to 19,670 points with all the sectoral indices, led by co...
March 15, 2013 8:38 AM
The Reserve Bank of India (RBI) opened the door on thursday to foreign institutional investors (FIIs) using investments in corporate and government bonds as collateral in the futures and options segment of stock exchanges. The move announced by the RBI is expected to improve liquidity in the derivat...
March 15, 2013 8:37 AM
Planning Commission Deputy Chairman Montek Singh Ahluwalia will today interact with the public on the multi-person video chat, Google Hangout. Mr Ahluwalia will take queries on the 12th Five Year Plan.The Planning Commission, along with the National Innovation Council, NIC will host its first Google...
March 15, 2013 8:36 AM
The government has fixed 40 rupees a share as the floor price for up to 10 percent stake sale in aluminium major National Aluminium Co. Ltd (Nalco), giving a discount of nearly 10 percent. The sale is expected to fetch a minimum of 1,031 crore rupees. The offer for sale is scheduled to be held today...
March 15, 2013 8:35 AM
Finance Minister P Chidambaram has said that the growth rate of the country will return to 7 per cent in two years and promised adequate public spending to stimulate it. He was replying to a debate on the Budget 2013-14 in the Lok Sabha on thursday, Mr Chidambaram said, the government was committed ...
March 14, 2013 6:16 PM
Government has constituted a four-member committee headed by Economic Affairs Secretary Arvind Mayaram for giving clear definitions to Foreign Direct Investment, FDI and foreign institutional investment , FII, with an aim to remove ambiguity over the two types of foreign investments. The DIPP Secret...
March 14, 2013 6:04 PM
With inflation in manufactured items showing signs of decline, the Finance Ministry today expressed the hope that RBI will reduce key interest rate in its monetary policy review next week. Talking to reporters in New Delhi today,Department of Economic Affairs Secretary Arvind Mayaram said, the RBI w...
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