Sensex snaps losing streak; recovers 51 points in early trade

Snapping its six-session losing streak, the Sensex at the Bombay Stock Exchange 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 i...

OIC Cairo Summit to hold donor meet to set up Palestinian financial net

FAA allows Boeing to carry out Dreamliner test flights

The US Federal Aviation Administration has allowed Boeing to carry out test flights of 787 Dreamliner planes. The entire fleet of 787s was grounded last month after a battery on one plane caught fire, while a malfunction forced another to make an emergency landing. Regulators as well as Boeing have ...

EU leaders meet in Brussels to bridge deep divisions over Budget

European Union leaders are meeting in Brussels to try to bridge deep divisions over the Union's budget for the next seven years. Britain and several other countries want the EU to cut its budget. The formal start of the summit was delayed by several hours as a series of bilateral meetings t...

Crude oil rise above $117

Crude oil futures rose above 117 dollars a barrel, today, as traders awaited word from the European Central Bank which could confirm speculation that the region's troubled economy was turning the corner. March Brent futures rose 55 cents, at 117.28 dollars per barrel, the highest level sinc...

Sensex down 59 pts to close at one-and-a-half month low of 19,580

Falling for the sixth straight session, the Sensex at the Bombay Stock Exchange lost 59 points, or 0.3 percent, to close at a one-and-a-half month low of 19,580, after a lower GDP growth forecast, and amid declining Asian markets, today. The Sensex has now declined 425 points in the last six trading...

Gold up Rs 150<br/>

Gold rose 150 rupees, to 31,000 rupees per ten grams at Delhi&apos;s bullion market, today, on fresh buying by stockists, amid a firm global trend. Silver gained 400 rupees, to 58,800 rupees per kilo, on increased offtake by jewellers and coin-makers. Silver coins climbed 1,000 rupees, to 83,000...

Sensex down 59 pts to close at 19,580

Falling for the sixth straight session, the Sensex at the Bombay Stock Exchange lost 59 points, or 0.3 percent, to close at 19,580, after a lower GDP growth forecast, and amid declining Asian markets today. The Sensex had declined over 365 points in the last five trading sessions. The Nifty at the N...

TAPI Project:Cabinet nod to SPV; permission for GAIL participation

The Union Cabinet today gave its approval for formation of the Special Purpose Vehicle (SPV) for the Turkmenistan-Afghanistan-Pakistan-India(TAPI) Pipeline Project and to permit GAIL India Ltd. to join the SPV. The four countries involved in the TAPI Gas pipeline project, signed an Inter-Governmenta...

Forex earnings from tourism registers over 20% increase<br/>

Foreign Exchange Earnings, FEEs, from tourism increased by 20.6 per cent in January this year compared to the same month last year. FEEs during this January were over ten thousand crore rupees as against more than eight thousand crore rupees in January 2012.Foreign Tourist Arrivals, FTAs, also showe...