Business

November 29, 2012 11:00 AM

Sensex breaches 19,000-mark for first time in nearly two-months

The Sensex today breached the 19,000-mark for the first time in nearly two-months in early trade. The 30-share barometer opened on a positive note and further picked up the momentum to trade 192 points higher at 19,034, a level last seen on October 5 intra-day this year. Stocks of consumer durables,...

November 29, 2012 10:00 AM

Rupee up nine paise against US dollar

The rupee today rose by nine paise to 55 rupees 36 paise against the US dollar in early trade, on selling of American currency by exporters and banks. In the previous session on Tuesday, the local currency had gained 28 paise to close at 55 rupees 45 paise against the dollar.The forex and money mark...

November 29, 2012 9:55 AM

Sensex surges over 105 pts in early trade<br/>

Extending gains for the third straight session, the BSE benchmark index Sensex today rose by over 105 points in early trade. The 30-share barometer, which has gained over 336 points in the previous two sessions, rose to 18,947 points led by stocks of consumer durables, capital goods and realty secto...

November 28, 2012 1:08 PM

Mix oil prices in Asian Trade today

Oil prices were mixed in Asian trade today as investors focused on US budget talks and doubts emerged over how a bailout deal for debt-strapped Greece would be implemented. New York&apos;s main contract, West Texas Intermediate for January delivery, was down seven cents to 87.11 dollars a barrel...

November 28, 2012 12:00 PM

Kamal Nath and Anand Mahindra honoured in UAE

Minister of Urban Development Kamal Nath and leading Indian industrialist Anand Mahindra were among a host of business leaders and policy makers from the Asian continent honoured by a business leadership forum for Asia in the UAE. While Mr. Kamal Nath was awarded the Asian Business Leadership Forum,...

November 28, 2012 11:59 AM

Increase in demand threatening survival of pythons

A new report from the International Trade Center says an increase in demand from luxury goods made from snakes skin is threatening the survival of some species of python.Half a million python skins are exported from south-east Asia annually but the researchers say many are illegal. They say the grow...

November 27, 2012 5:19 PM

Avg gas production from RIL operated KG Basin falls short of expected volume

Average gas production from the Reliance Industries Limited (RIL) operated Krishna-Godavari (KG) Basin has fallen short of the expected volume. Giving this information in a written reply to the Rajya Sabha, Minister of Petroleum and Natural Gas Dr. M. Veerappa Moily said the average gas production f...

November 27, 2012 5:05 PM

Sensex up 305 pts to close at 18,842

The Sensex at the Bombay Stock Exchange surged 305 points, or 1.7 percent, to 18,842, registering its biggest gain in over two months on across-the-board buying, after rating agency Moody&apos;s said India&apos;s rating outlook is stable. The Nifty at the National Stock Exchange spurted 92 p...

November 27, 2012 2:33 PM

ONGC Videsh to buy stake in US energy major Conoco Phillips' Kazakh oilfields

ONGC Videsh Ltd, the overseas arm of the state owned Oil and Natural Gas Corporation, ONGC, has agreed to buy 8.4 per cent stake of US energy major, Conoco Phillips in Kazakhstan&apos;s Kashagan oil-fields for about 30,000 crore rupees.However, the stake will be subject to the approval of govern...

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