Sensex recovers initial losses;rises 21 points

Recovering from initial losses, the Sensex at the Bombay Stock Exchange rose 21 points, or 0.1 percent, to 19,274 in afternoon deals, a short while ago. Earlier in the morning, however, the Sensex had opened with a loss 40 points, or 0.2 per cent, at 19,213, as investors booked profits after two ses...

Rupee quoting 3 paise lower at 54.75 against dollar

The rupee recovered from initial losses but was still quoting lower by three paise at 54 rupees 75 paise inlate morning deals on mild dollar demand from banks and importers on the back of firm global cues.The local currency had earlier lost 18 paise to 54 rupees 90 paise in opening trade. Good dolla...

Sensex recovers from initial losses; rises 21 points

Recovering from initial losses, the Sensex at the Bombay Stock Exchange rose 21 points, or 0.1 percent, to 19,274 in afternoon deals, a short while ago. Earlier in the morning, however, the Sensex had opened with a loss 40 points, or 0.2 per cent, at 19,213, as investors booked profits after two ses...

Govt hints at progressive reduction in subsidies on petro products

The government today hinted that subsidies on petroleum products including diesel and cooking gas will be further progressively cut. Stating this in a written reply in the Rajya Sabha, Minister of State for Planning Rajeev Shukla said due to the huge subsidy burden, government intends to go for targ...

Sensex trading flat in afternoon deals

The Sensex at the Bombay Stock Exchange fell 40 points, or 0.2 per cent, to 19,213 in opening trade, this morning, as investors booked profits after two sessions of gains. Later, after recovering some lost ground, the Sensex stood just 2 points in negative teritory, at 19,250 in afternoon deals, a s...

Sensex quoting down by 16 points in late morning deals

The BSE benchmark Sensex today trimmed its earlier losses but was still quoting down by 16 points to 19236 in late morning deals due to profit-booking in metal, refinery, auto, banking and FMCG sector stocks despite firm global advices. Sensex today fell by nearly almost 40 points to 19,212 in openi...

Rupee strengthens 27 paise to 54.67 against dollar

The rupee on wednesday rose by 27 paise to54.67 against the dollar at the Interbank Foreign Exchangemarket. The rise in the Indian currency is attributed to selling of the US currency by exporters and banks.Forex dealers said a higher opening in the domestic equitymarket and strengthening of euro ag...

Sensex gains 109 pts to close at 19,253

J&K bans manufacture,sale,stocking,import & transport of tobacco products

The Jammu and Kashmir government has announced total ban on import, manufacturing, transportation, stocking and sale of chewable tobacco and products like pan masala, gutka, khaini etc, increased rate of Value Added Tax (VAT) on cigarettes and related products from next financial year. This was anno...

Stop-gap Bill to keep govt operating as White House grapples with spending cuts

The US House of Representatives has passed a stop-gap Bill that will keep the Government operating, as the White House grapples with spending cuts due to come into force automatically at the end of the month.The Bill, approved by the Republican-controlled House is designed to ease deep cuts across t...