Business

March 14, 2013 5:57 PM

Sensex up 208 pts to close at 19,570

Snapping three days of losses, the Sensex at the Bombay Stock Exchange surged 208 points, or 1.1 percent, to close at 19,570, today, as a fall in core inflation to a nearly 3-year low fueled hopes of a rate cut by the Reserve Bank next week. The Nifty at the National Stock Exchange rose 58 points, o...

March 14, 2013 4:48 PM

Sensex up 208 pts to close at 19,570

Snapping three days of losses, the Sensex at the Bombay Stock Exchange surged 208 points, or 1.1 percent, to close at 19,570, today, as a fall in core inflation fueled hopes of a rate cut by the Reserve Bank next week. The Nifty at the National Stock Exchange rose 58 points, or 1 percent, to 5,909.S...

March 14, 2013 2:27 PM

Moily, Gehlot witness inking of MoU to set up HPCL refinery in Barmer

Hindustan Petroleum Corporation Limited, HPCL and Rajasthan government today signed an MoU to set up an Oil Refinery in Barmer. The MoU was signed in presence of Petroleum Minister Dr. Veerappa Moily and State Chief Minister Ashok Gehlot in Jaipur today. 37 thousand 230 crore rupees will be invested...

March 14, 2013 2:17 PM

Commerce Min inaugurates India Engineering Sourcing Show in Mumbai

Union Minister for Commerce and Industries and Textiles, Anand Sharma, inaugurated the Second India Engineering Sourcing Show in Mumbai today in the presence of Mr. Martin Kuba, Minister for Trade & Industry, Czech Republic the partner country of the show. Speaking at the inauguration of the...

March 14, 2013 2:11 PM

HP school wins Rajiv Gandhi Quality Award

The Rajiv Gandhi National Quality Awards for the year 2011 have been announced. The Best of All Award has been won by DAV ACC Senior Secondary Public School, Bilaspur in Himachal Pradesh for excellent service standards.The awards given by Bureau of Indian Standards are intended to encourage manufact...

March 14, 2013 1:14 PM

Inflation registers marginal rise after four-month decline

After declining for four consecutive months, inflation rose marginally to 6.84 per cent in February, as food items such as rice, wheat, onions and fruits became costlier. Inflation based on the Wholesale Price Index had stood at 6.62 per cent in January. In February, 2012, it was 7.56 per cent.As pe...

March 14, 2013 1:13 PM

Sensex surges; up 125 points in afternoon trade

The Sensex at the Bombay Stock Exchange was trading 125 points in the positive territory at 19,488 in afternoon trade, when reports last came in. The 30-share index had opened 46 points in the green this morning. It later stood at 7 points in the negative territory in late morning volatile trade, be...

March 14, 2013 12:11 PM

Sensex trading flat in late morning trade

The Sensex at the Bombay Stock Exchange stood 7 points in the negative territory at 19,356 in late morning volatile trade, when reports last came in. The 30-share index had opened 46 points in the green this morning.The Nifty at the National Stock Exchange was trading just 1 points in the positive z...

March 14, 2013 11:26 AM

Rupee down 10 paise at 54.40 vs dollar in early trade

The rupee today weakened by 10 paise to 54.40 against the dollar in early trade. The fall is attributed to increased demand for the US currency from oil importers.Forex dealers said besides dollar's gains against other currencies overseas on strong US retail sales data, increased demand fro...

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