Sensex up by 88 points, closes at 19,317

Snapping five days of losses, the Sensex at the Bombay Stock Exchange rose 88 points, or 0.5 per cent, to close at 19,317. The Nifty at the National Stock Exchange gained 28 points, or 0.5 percent, to 5,880.Stock markets in Japan, China, Hong Kong, South Korea and Singapore again ended mixed.

Economy likely to grow at 5.5-6% this fiscal: Rangarajan

The Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan on Friday said, the economy is expected to grow at 5.5 to 6 per cent in the current fiscal and the next year will see a better rate of expansion. Speaking to reporters on the sidelines of a function in New Delhi, M...

1,7000000 customers using mobile banking services : Fin Min

Nearly one crore seventy lakh customers across the country are presently using banking services through mobile phones. Finance Minister P Chidambaram informed the Lok Sabha today in a written reply that the Banks are making efforts to introduce mobile-enabled banking services in Indian languages mak...

Govt committed to protecting interests of Jute farmers & industry: Textiles Min

Textiles Minister Anand Sharma has said the Government is committed to protect the interests of jute farmers and the industry. Replying to a calling attention motion raised by Saugata Roy and Basudeb Acharia in the Lok Sabha today, he said the Government raised the Minimum Support Price, MSP of jute...

Sensex gains over 80pts in noon trade; Rupee loses 4p against dollar

The Sensex at the Bombay Stock Exchange fell a marginal 18 points, or 0.1 per cent, to 19,211 in early trade, today, on mild selling by investors ahead of Wholesale Price Index inflation data.But after the release of encouraging inflation numbers, the Sensex gained ground, and stood 83 points, or 0....

Inflation declines to 7.24% in Nov from 9.46% in same month last yr

Inflation declined to 7.24 per cent in November from 9.46 per cent in the same month a year ago although prices of food items like potato, wheat, cereals, rice, pulses, edible oil and sugar went up during the period.Inflation, as measured by the Wholesale Price Index (WPI), stood at 7.45 per cent in...

Inflation declines to 7.24% in Nov 2012

Inflation declined to 7.24 per cent in November from 9.46 per cent in the same month a year ago although prices of food items like potato, wheat, cereals, rice, pulses, edible oil and sugar went up during the period.Inflation, as measured by the Wholesale Price Index (WPI), stood at 7.45 per cent in...

Several western countries refuse to sign internet oversight policy citing regulation risk

Sensex trading up 59pts at 19,288

The BSE benchmark Sensex was trading 59 points up at 19,288 points a shortwhile ago. It lost nearly 19 points in early trade today.The 30-share index lost almost 258 points in the previous five sessions.Similarly, the wide-based National Stock Exchange Nifty was trading 17 points up at 5,869.

Rupee trims initial losses but still down 4p at 54.50 against dollar

The rupee trimmed its initial sharp losses but was still quoted down by four paise to 54.50 against the American currency in the late morning trade today on dollar demand from banks on the back of firm global cues. The local unit resumed lower at 54.52 per dollar as against the last closing level of...