Business

February 18, 2013 9:05 PM

Govt cancels Rs 12,000 cr bond auctions to lower market borrowing

In a move to contain fiscal deficit, the government today 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...

February 18, 2013 5:06 PM

Sensex up by 33 points to close at 19,501

Snapping two days of losses, the Sensex at the Bombay Stock Exchange gained 33 points, or 0.2 percent, to close at 19,501, on selective buying by investors, on Monday. The Nifty at the National Stock Exchange rose 11 points, or 0.2 percent, to 5,898.Stock markets in Japan, China, Hong Kong, South Ko...

February 18, 2013 1:48 PM

Sensex up 55 pts in noon trade

The Sensex at the Bombay Stock Exchange rose 33 points, 0.2 per cent, to 19,501 in opening trade, this morning, on selective buying by funds and retail investors, amid rising regional bourses. Later, the Sensex gained some more ground, and stood 55 points, or 0.3 percent in the green, at 19,524 in a...

February 18, 2013 1:32 PM

Sensex up 55 pts in noon trade<br/>

The Sensex at the Bombay Stock Exchange rose 33 points, 0.2 per cent, to 19,501 in opening trade, this morning, on selective buying by funds and retail investors, amid rising regional bourses. Later, the Sensex gained some more ground, and stood 55 points, or 0.3 percent in the green, at 19,524 in a...

February 18, 2013 12:08 PM

Sensex up 48 pts in noon trade

The BSE benchmark Sensex rose by 48 points to 19516 in late morning deals today. Earlier, the 30-share barometer rose by 32 points in opening trade on selective buying by funds and retailers amid a mixed Asian trend.Similarly, the wide-based National Stock Exchange index Nifty was up by 10 points to...

February 18, 2013 11:42 AM

Rupee down 11 paise to 1 month low against dollar

The rupee dropped by 11 paise to one-month low against the American currency at 54.33 in late morning trade on sustained dollar demand from banks and importers on the back of a firm greenback in overseas markets.The rupee resumed lower at 54.43 per dollar against the last weekend&apos;s level of...

February 18, 2013 10:44 AM

Oil prices mixed in Asia today

Oil prices were mixed in Asia today with downward pressure comeing from a slip in US industrial output.New York&apos;s main contract, light sweet crude for delivery in March eased 14 cents to 95.72 US Dollars a barrel while Brent North Sea crude for delivery in April added 26 cents to 117.92 US ...

February 18, 2013 10:44 AM

Rupee down 14 paise against dollar

The rupee declined by 14 paise to 54.36 rupees per dollar in early trade on the Interbank Foreign Exchange market today, weighed down by dollar&apos;s gains against other currency rivals.Forex dealers said besides dollar gains against other Asian currencies, a higher opening in the stock market ...

February 18, 2013 10:43 AM

Sensex gains over 32 pts in early trade

The BSE benchmark Sensex gained over 32 points in early trade today on selective buying by funds and retailers amid a mixed Asian trend.The 30-share barometer rose by 32.80 points, or 0.16 per cent, to 19,500.95. The index had lost 140 points in the previous two sessions.Similarly, the wide-based Na...

February 16, 2013 8:09 PM

Petrol price hiked by Rs 1.50, diesel 45 paise

Petrol became costlier by one rupee 50 paise per litre and diesel by 45 paise from last night. The rates have been revised in tune with the rise in international rates. The increase does not include VAT or local sales tax. The New rates for petrol sold at Indian Oil Corporation pumps will now be 69 ...

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