Business

November 27, 2012 10:24 AM

Oil prices rebound on back of Greece bailout

Oil prices rebounded today after Eurozone Ministers and the International Monetary Fund reached a deal to release fresh loans to debt-ridden Greece. The agreement eased concerns that Greece's problems could spiral out of control, shaking the global economy and denting oil demand. New York&a...

November 27, 2012 10:15 AM

Carney surprise choice to head UK's Central Bank

Mark Carney has been named as the new Governor of the Bank of England by Chancellor George Osborne. Mr Carney, the Governor of the Canadian central bank, will serve for five years and will hold new regulatory powers over banks. He was a surprise choice for the head of the UK's Central Bank ...

November 27, 2012 10:09 AM

Eurozone Fin Mins agree to release euro 43.7bn in loans to Greece

Eurozone finance ministers have reached a deal on an urgently needed bailout for debt-laden Greece.They agreed to release 43.7 billion euros in loans to Greece after months in which Greece was starved of bailout financing. The eurozone said it will be in a position to re-start the paying out of 43.7...

November 27, 2012 10:03 AM

Rupee strengthens 13paise against dollar at 55.60

The rupee today strengthened by 13 paise to 55 rupees 60 paise against the US dollar in early trade after remaining weak for five straight days aided by selling of the American currency byexporters and banks. The rupee had lost 22 paise to end at 55 rupees 73 paise against the US dollar in yesterday...

November 27, 2012 10:00 AM

Sensex extends gains for second day; surges over 100 pts in early trade

The Sensex at the Bombay Stock Exchange extended gains for the second straight day by surging 111 points in early trade today. The 30-share barometer which gained 30 points in the yesterday's trade, spurted by 111 points to 18,648. Similarly, the wide-based National Stock Exchange index, Ni...

November 26, 2012 9:59 PM

Chitra Ramakrishna to become MD & CEO of NSE on 1st April 2013

Chitra Ramakrishna will be the Managing Director and CEO of National Stock Exchange from 1st April 2013, while its current chief Ravi Narain will assume the role of Vice-Chairman in a non-executive role. At a meeting held in Mumbai on Monday, the board of the National Stock Exchange decided that Ram...

November 26, 2012 7:35 PM

Sensex ends at 18,537 at BSE

The Sensex at the Bombay Stock Exchange rose 30 points, or 0.2 percent, to 18,537, amid cautious trade on Monday. The Nifty at the National Stock Exchange gained 9 points, or 0.2 percent, to 5,636. Stock markets in China, Japan, Hong Kong, South Korea and Singapore ended mixed.

November 26, 2012 1:59 PM

Sensex up 54 pts in noon trade

The sensex at the Bombay Stock Exchange was trading in positive territory at 18,561, up 54 points in afternoon trades a short while ago. Meanwhile the broad based Nifty at the National Stock Exchange also stood in positive territory trading up 11 points at 5,638.

November 26, 2012 12:06 PM

Sensex up 39 pts in noon trade

The sensex at the Bombay Stock Exchange was trading green at 18,520, up 39 points in late morning deals. Meanwhile, the broad based Nifty at the National Stock Exchange also stood in positive territory trading up 7 points at at 5634.

November 26, 2012 12:05 PM

Rupee spirals down against dollar for fifth day in early trade

The Indian rupee continued to decline against the American currency for the fifth day in early trade on persistent dollar Demand from banks and importers on the back of higher dollar in the overseas market.The rupee resumed higher at 55.45 per dollar as against the last weekend's level of 5...

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