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March 5, 2013 3:51 PM
Two top executives of Kabul Bank have been sentenced to five years sentence following its collapse, which threatened the entire Afghan economy. The two were also ordered to pay back hundreds of millions of dollars, they stole. Kabul Bank was Afghanistan's largest private financial instituti...
March 5, 2013 2:00 PM
The Sensex at the Bombay Stock Exchange rose 151 points, or 0.8 per cent, to regain the psychological 19,000 mark, at 19,029, in opening trade, this morning, on across-the-board buying by investors, amid rising Asian bourses. Later, the Sensex gained further ground, and stood 224 points, or 1.2 per ...
March 5, 2013 1:16 PM
The BSE Sensex today rose 186 points to 19,064 in afternoon trade, earlier it gained over 151 points in morning deals on widespread buying by funds and retailers amid a firming Asian trend. Similarly, the National Stock Exchange index Nifty moved up by 56 points, to 5,754.
March 5, 2013 1:08 PM
China today hiked its defence budget by 10.7 per cent to 115.7 billion US Dollars, underlining Beijing's military ambitions amid territorial disputes with neighbours. The double-digit rise in defence budget for 2013-14 was announced by Premier Wen Jiabao at the Chinese Parliament, the Natio...
March 5, 2013 12:30 PM
The BSE Sensex today rose 195 points to 19,077 in noon trade. Eearlier it gained over 151 points in morning deals on widespread buying by funds and retailers amid a firming Asian trend. Similarly, the National Stock Exchange index Nifty moved up by 62 points, to 5,760.
March 5, 2013 10:47 AM
Oil prices rose in Asian trade today on bargain hunting after prices hit multi-week lows.New York's main contract, West Texas Intermediate (WTI) light sweet crude for delivery in April added 21 cents to 90.33 US Dollars a barrel and Brent North Sea crude for April delivery increased 34 cent...
March 5, 2013 10:46 AM
The rupee today appreciated by 11 paise to 54.75 rupees against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters.The rupee had gained three paise to end at 54.86 rupees yesterday on late dollar selling by some exporters and custodi...
March 5, 2013 10:20 AM
The BSE Sensex today regained the psychological 19,000 level, by rising over 151 points in early trade on widespread buying by funds and retailers amid a firming Asian trend. The 30-share barometer rose to 19,029, for the first time since February 28. The index had lost 41 points in the previous ses...
March 5, 2013 9:49 AM
The Sensex at the Bombay Stock Exchange fell 41 points, or 0.2 percent, to close, at 18,878,on monday, on profit-booking by funds amid a weak global trend. The Nifty of the National Stock Exchange shed 21 points, or 0.4 percent, to 5,699.In other Asian markets, China, Hong Kong, South Korea and Sing...
March 5, 2013 9:24 AM
The Sensex at the Bombay Stock Exchange fell 41 points, or 0.2 percent, to close, at 18,878,on monday, on profit-booking by funds amid a weak global trend. The Nifty of the National Stock Exchange shed 21 points, or 0.4 percent, to 5,699.In other Asian markets, China, Hong Kong, South Korea and Sing...
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