Rupee opens high in early trade;up 27 paise at 54.67 against dollar

The rupee today 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 against t...

Oil climbs high in Asia on uncertainty following Chavez's death

Oil prices climbed in Asian trade today on uncertainty following the death of Hugo Chavez, the President of the major Latin American crude producer Venezuela.New York's main contract, light sweet crude for delivery in April, added 26 cents to 91.08 dollars a barrel and Brent North Sea crude...

Business News Heading

The BSE benchmark Sensex today rose byover 128 points in early trade. The rise extending gains for the secondstraight session on sustained buying by funds amid a firm trend in other Asian bourses.The 30-share index, which had gained 265 points yesterday, rose further by 0.67 per cent, to 19,272 poin...

Fake currency cases;Indian Embassy cautions Gulf expats to carry currency as per rules

Rajasthan CM to present state budget in assembly today

In Rajasthan, Chief Minister Ashok Gehlot will present the state's budget in the Assembly today. In this budget important announcements about Energy, Social Security and Infrastructure are expected. It will be the fifthe budget of the Gehlot government.Common people of the state are expecti...

World stock markets hit highs as investor confidence returns

World stock markets have hit new highs indicating the return of investor confidence.New York's Dow Jones share index set a new all-time high on Tuesday, while London's FTSE 100 closed at it highest level in five years. The sensex at the Bombay Stock exchange also made its biggest s...

SEBI forms committee to suggest new rules for dealing with insider trading

Securities and Exchange Board of India - SEBI has set up a 16-member committee to suggest new rules for dealing with insider trading. In a statement issued from Mumbai today, SEBI has said that world over, the regulatory focus is shifting towards containing the rising menace of insider trading effec...

NY's Dow Jones share index set new all-time high

New York's Dow Jones share index set a new all-time high today, returning to levels not seen since before the global financial crisis. The Wall Street index reached 14,206, exceeding the previous record intra-day high of 14,198, set in October 2007. The recovery in the market suggests inves...

Sensex makes biggest single day gain in 3 months, closes up by 265 pts

Posting its biggest single-day gain in three months, the Sensex at the Bombay Stock Exchange jumped 265 points, or 1.4 percent, to close above the 19,000 mark, at 19,143, today, on hopes of more measures to boost economic growth, and amid a rally in the global markets. The Nifty at the National Stoc...

Sensex up 265 pts to close at 19,143 on rate cut hopes

Posting its biggest single-day gain in three months, the Sensex at the Bombay Stock Exchange jumped 265 points, or 1.4 percent, to close above the 19,000 mark, at 19,143, today, on hopes of more measures to boost economic growth, and amid a rally in the global markets. The Nifty at the National Stoc...