Business

February 9, 2013 5:49 PM

Railway revenue earnings up by 20.38 per cent during April to Jan

Railway revenue was up by 20.38 per cent as more than Rs. 1,00000 crore were earned during April 2012 to January this year as against over Rs. 84,000 crore during the same period last year. The total goods earnings have gone to over Rs. 70,000 crore during April 2012-January 2013 compared to more th...

February 8, 2013 5:19 PM

Sensex down 96 pts to close at 19,485

Falling for the seventh straight session, the Sensex at the Bombay Stock Exchange lost 96 points, or 0.5 percent, to close at 19,485, on fag-end selling by investors, today. The Sensex has now dropped 521 points in the last seven trading sessions, and this is the longest losing streak for the index ...

February 8, 2013 1:53 PM

Min Scindia meets bankers to iron out problems in lending to power sector

Power Minister Jyotiraditya Scindia today met bankers and heads of financial institutions to iron out the problems faced by them while lending to the sector. Talking to reporters after an hour long meeting with the bankers in New Delhi,he said that the Bankers raised problems faced while lending to ...

February 8, 2013 1:51 PM

Sensex flat in afternoon trade

Surrendering all its initial gains, the Sensex at the Bombay Stock Exchange stood 3 points in negative territory, at 19,577, in volatile afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened with a gain of 52 points, or 0.3 per cent, at 19,632, on fresh buying by...

February 8, 2013 1:45 PM

India teledensity registers decrease:TRAI

As cellphone operators continued disconnecting inactive SIM cards, India's total telecom subscriber base declined by 25.97 million to 895.51 million inDecember. In November, the country had 921.47 million telecom subscribers. Telecom Regulatory Authority of India, Trai said that total wirel...

February 8, 2013 1:03 PM

Sensex trading down 5 points in afternoon deals

The Sensex was trading 5 points down at 19,585 points in the afternoon deals. It recovered 51 points in early trade today, on the back of gains in stocks of realty, auto, consumer durable, capital goods, metal and banking sectors, amid a mixed Asian trend. The 30-share barometer had lost 425 points ...

February 8, 2013 12:09 PM

Rupee slide continues;down 29 paise at 53.51 against dollar

The rupee continued to slide against US dollar this morning, down 29 paise at 53.51 on persistent demand for the American currency from banks and exporters as it gained in the overseas forex markets as well. The dollar gained despite capital inflows into the Indian equity market. The rupee resumed l...

February 8, 2013 10:54 AM

Oil rebounds in Asia trade

Oil rebounded in Asian trade today on geopolitical concerns after crude producer Iran rejected a US offer on nuclear talks, and on healthy trade data from China. New York's main contract, light sweet crude for delivery in March increased 23 cents to 96.06 dollars a barrel and Brent North Se...

February 8, 2013 10:06 AM

Rupee falls 22 paise in early trade

The rupee depreciated by 22 paise to 53 rupees 44 paise against the dollar in early trade today, on fresh demand for the US currency. The domestic currency had ended 6 paise lower at 53 rupees 22 paise against the international currency in the previous session yesterday.

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