Rupee down by 54 rupees 53 paise against dollar

Rupee failed to maintain initial gains against the US dollar and stood at 54 rupees 53 paise on the back of renewed dollar demand from banks. Earlier, the Indian currency had risen by 14 paise to 54 rupees 40 paise against the dollar in early trade at the Interbank Foreign Exchange market on continu...

Sensex falls 130 pts in noon trade

Erasing initial gains, Sensex at the Bombay Stock Market fell by 130 points to 19261 in late morning deals today due to selling pressure in IT sector on the back of lower Asian cues. Earlier the BSE benchmark had shot up over 99 points in opening trade on sustained buying by funds and retailers, aft...

Rupee up 14 paise against dollar

The rupee rose by 14 paise to 54 rupees 40 paise against the dollar in early trade today at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.A higher opening in the domestic equity market and strengthening of euro supported the rupee. The rupee had...

Sensex gains over 99 pts in early trade

The BSE benchmark Sensex today shot up over 99 points in early trade on sustained buying by funds and retailers, after the ruling government's victory in Parliament over FDI in multi-brand retail sector amid firm Asian cues. The 30-share barometer rose by 99.74 points, or 0.51 per cent, to ...

Govt proposes regulatory authority for real estate transactions<br/>

The government has proposed a regulatory authority for real estate transactions in the country to bring in transparency. This information was given by Minister for Housing and Urban Poverty Alleviation, Ajay Maken in a written reply in the Rajya Sabha on Wednesday.The draft bill seeks the establishm...

EU imposes record fine of 1.5 billion euro on TV makers<br/>

The European Commission has imposed a record nearly one and a half billion euro fine on a number of TV makers for price-fixing.EU anti-trust regulators fined the companies for fixing prices of TV and computer monitor cathode-ray tubes over a decade.Dutch-based Philips faces the biggest penalty of ov...

Sensex closes 44 points higher

Senex closes lower by 44 points<br/>

Foreign hand in Maldives airport contract cancellation: GMR

Days after it was unceremoniously thrown out of Maldives airport project, GMR Infrastructure said involvement of a foreign country in Island nation&apos;s decision cannot be ruled out. GMR Airports CFO Sidharth Kapur said this to reporters in New Delhi on Wednesday.He was responding to a query w...

Efforts on to revive Air India: Ajit Singh<br/>

Civil Aviation minister Ajit Singh on Wednesday said that efforts are on to revive Air India. Replying to a query during the Question Hour in the Lok Sabha, he stated that the employees of the state carrier were paid salaries in time in the last six months and it has returned some of the loans taken...