Rupee steady at 53.92 per dollar in late morning trade

The Indian rupee stayed steady at 53.92 per dollar in the late morning trade in the retrospective of Reserve Bank of India policy meeting today.The rupee resumed lower at 53.96 per dollar as against the last closing level of 53.91 per dollar at the InterbankForeign Exchange (Forex) Market on good do...

Rupee down 4 paise against dollar

The rupee today fell marginally by 4 paise to trade at fresh one-week low of 53.95 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas and a weak opening in the domestic equity market.Increased month-end demand...

Sensex falls by nearly 31 pts in early trade

The BSE benchmark Sensex fell by nearly 31 points in early trade today as funds and investors adopted a cautious approach ahead of RBI policy meeting amid a weak Asian trend.The 30-share barometer fell by 30.86 points, or 0.15 per cent, to 20,072.49 with stocks of oil and gas, consumerdurable and re...

Sensex falls by nearly 31 pts in early trade

The BSE benchmark Sensex fell by nearly 31 points in early trade today as funds and investors adopted a cautious approach ahead of RBI policy meeting amid a weak Asian trend.The 30-share barometer fell by 30.86 points, or 0.15 percent, to 20,072.49 with stocks of oil and gas, consumerdurable and rea...

RBI lowers growth forecast below estimated 5.8 percent

Emphasising the need for sustained policy reforms from the government, Reserve Bank of India, RBI, on Monday said that monetary policy easing was possible only with fiscal consolidation and reforms provide support. In its report 'Macroeconomic and Monetary Developments: Third Quarter Review...

Government relaxes norm on sugar sale for open market

The government has decided to reduce the quantity of sugar to be sold in the open market during the December 2012 to March 2013 to 66.50 lakh tonnes from 68 lakh tonnes. Earlier, mills were asked to sell 70 lakh tonnes sugar including the carryover stock of 2 lakh tonnes from October and November pe...

Economic growth in 2012-13 likely to fall below projected 5.8%:RBI

Emphasising the need for sustained policy reforms from the government, Reserve Bank of India, RBI, on Monday said that monetary policy easing was possible only with fiscal consolidation and reforms provide support. In its report 'Macroeconomic and Monetary Developments: Third Quarter Review...

Sensex ends almost unchanged at 20,103

Sensex down 12 pts in noon trade

The Sensex at the Bombay Stock Exchange gained 41 points, or 0.2 per cent, to 20,145 in opening trade, this morning, on sustained buying by funds, on hopes of a rate cut by the Reserve Bank, and some better-than-expected corporate earnings. Later, the Sensex turned volatile, and after moving in and ...

Sensex falls 21 pts in noon trade

The BSE benchmark Sensex fell by 21 points to 20,081 in afternoon trade. The 30-share barometer had earlier gained over 41 points, or 0.20 per cent, to trade above 20 thousand in opening deals.Similarly, the wide-based National Stock Exchange index, Nifty, lost 7 points, to 6066.