Business

February 20, 2013 9:14 AM

High speed rail link project between S'pore & Kuala Lumpur announced

Singapore and Malaysia announcedon tuesday that they will build a high-speed rail link between the city-state and Kuala Lumpur. The target to complete the project is around 2020.A statement issued after a meeting between Singapore Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Ra...

February 20, 2013 9:14 AM

Deep budget cuts will lead to job losses:Prez Obama warns US Congress

The US President Barack Obama has warned the Congress that people will lose their jobs if deep budget cuts are allowed to take effect next week. Mr Obama said, 85 billion dollars in cuts was a harmful meat-cleaver approach to deficit reduction as he stood with emergency workers at the White House. H...

February 19, 2013 6:08 PM

Sensex up 135 pts to close at 19,636

Rising for the second straight session, the Sensex at the Bombay Stock Exchange gained 135 points, or 0.7 percent, to close at a nearly two-week high of 19,636, on fag-end buying by investors, amid positive European markets, today. The Nifty at the National Stock Exchange rose 42 points, or 0.7 perc...

February 19, 2013 1:55 PM

Sensex 35 points down in afternoon trade ;forex markets closed today

The Sensex at the Bombay Stock Exchange fell 18 points, or 0.1 per cent, to 19,483 in early trade, today, as funds and retail investors booked profits. Later, the Sensex remained subdued, and stood 35 points, or 0.2 per cent in the red, at 19,466 in afternoon trade, a short while ago.Stock markets i...

February 19, 2013 1:10 PM

Sensex trading down by 15 points in afternoon deals<br/>

The Sensex at the Bombay Stock Exchange was trading 15 points in the negative zone at 19,486 in afternoon deals. The 30-share barometer had opened 17 points in the red today, as funds and retail investors booked profit, amid weakness in other Asian bourses.The Nifty at the National Stock Exchange in...

February 19, 2013 1:09 PM

Sensex trading down by 15 points in afternoon deals<br/>

The Sensex at the Bombay Stock Exchange was trading 15 points in the negative zone at 19,486 in afternoon deals. The 30-share barometer had opened 17 points in the red today, as funds and retail investors booked profit, amid weakness in other Asian bourses.The Nifty at the National Stock Exchange in...

February 19, 2013 12:23 PM

Government cancels bond auction worth Rs.12,000 cr to contain fiscal deficit

In a move to contain fiscal deficit, the government cancelled 12,000 crore rupees bond auctions to lower its market borrowing programme for the current financial year. With this, the total market borrowing by the government in the current fiscal would come down to 5.58 lakh crore rupees from 5.70 la...

February 19, 2013 12:18 PM

Sensex trading flat in late morning deals;forex,money markets closed

The Sensex at the Bombay Stock Exchange was trading almost flat in late morning deals. The 30-share barometer, which fell by over 17 points in opening trade today, was trading 3 points in the negative territory at 19,498, when reports last came in.The Nifty at the National Stock Exchange index was t...

February 19, 2013 12:17 PM

Sensex trading flat in late morning deals;forex,money markets closed

The Sensex at the Bombay Stock Exchange was trading almost flat in late morning deals. The 30-share barometer, which fell by over 17 points in opening trade today, was trading 3 points in the negative territory at 19,498, when reports last came in.The Nifty at the National Stock Exchange index was t...

February 19, 2013 12:07 PM

High speed rail link project between S'pore & Kuala Lumpur announced

Singapore and Malaysia announcedtoday that they will build a high-speed rail link between the city-state and Kuala Lumpur. The target to complete the project is around 2020.A statement issued after a meeting between Singapore Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak s...

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