Japan to fund Bangladesh's first metro rail system

Bangladesh today signed a loan dealwith a Japanese development agency for construction of the country's first-ever metro rail system. The system is estimated to cost 2.8 billion US dollars and is intended to ease Dhaka's traffic jams.Traffic in Bangladesh capital, home to 15 millio...

Greece's trade union strike against austerity measures halts business

Most businesses and public sector activity in Greece has been brought to a halt as members of the two largest unions hold a 24 hour strike in protest at the government's austerity programme.Police helicopters hovered above central Athens as strikers assembled for a rally. The action comes j...

Sensex up 7 pts to close at 19,643

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained a marginal 7 points, to close at 19,643, amid positive Asian markets, today. The Sensex had gained over 167 points in the previous two trading sessions. The Nifty at the National Stock Exchange rose 3 points, or 0....

Sensex sheds initial gains;still up 14 points in afternoon trade

Giving up most of its initial gains, the Sensex at the Bombay Stock Exchange stood 14 points, or 0.1 percent in positive territory, at 19,650, in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened with a good gain of 107 points, or 0.5 per cent, at 19,742, on ...

Sensex trading down by 13 points in afternoon deals

Erasing initial gains,the Sensex at the Bombay Stock Exchange was trading 13 points in the negative territory at 19,623 in afternoon deals, a short while ago. The 30-share index had opened over 106 points in the green, on sustained buying by funds and retail investors amid a firm trend in other Asia...

Sensex trading 23 points in positive territory in late morning deals

Trimming its initial gains, the Sensex at the Bombay Stock Exchange was trading 23 points in the positive territory at 19,659 in late morning deals, when reports last came in. The 30-share index had opened over 106 points in the green, on sustained buying by funds and retail investors amid a firm tr...

India,Qatar trade crosses $13.7bn mark; expected to grow more this year

Oil mixed in Asia trade

Oil prices were mixed in Asian trade today as investors returned from a long weekend holiday in the United States and a chokepoint at an important US pipeline eased.New York's main contract, light sweet crude for delivery in March gained six cents to 96.72 US Dollars a barrel while Brent No...

Rupee apreciates by eight paise to 54.10 against dollar

The rupee today appreciated by eight paise to 54.10 against the US dollar on the Interbank Foreign Exchange (Forex) market in early trade on increased foreign fund flows amid firm local equities.Forex dealers said euro's gains against the American currency in the overseas market also suppor...

Sensex continues rising streak;up by over 100pts in early trade

Continuing its rising streak for the third straight session, the BSE benchmark Sensex today rose byover 106 points in early trade on sustained buying by funds and retail investors amid a firm trend in other Asian bourses.The 30-share index, which had gained 167.57 points in the past two sessions, ro...