Sensex loses 76 points in noon trade; Rupee weakens 15p to 55.36 against dollar

Giving up all its initial gains, the Sensex at the Bombay Stock Exchange stood 76 points, or 0.4 percent in negative territory, at 18,441 in afternoon deals, amid volatile trade, a short while ago. Earlier in the morning, however, the Sensex had opened with a gain of 32 points, or 0.2 per cent, at 1...

Sensex loses early gains; trading 79pts down at 18,439

BSE benchmark Sensex was down by nearly 79 points during the noon trade. The 30-share barometer which gained over 32 points in early trade today, lost it all early gains and was down by 79 points or .43% at 18,439.Similarly, the wide-based National Stock Exchange index Nifty also lost its early morn...

Sensex down 28pts at 18,490 in noon trade

BSE benchmark Sensex was down by nearly 28 points during the noon trade. The 30-share barometer which gained over 32 points in early trade today, lost it early gains and was down by 28 points or .15% at 18,490.Similarly, the wide-based National Stock Exchange index Nifty also lost its early morning ...

EU summit opens in Brussels over differences over budget

The European Union's summit is officially opened in Brussels, after a three hour delay, caused by stark differences over the EU's next budget. The European Commission had proposed an increase in the budget but several of the countries are demanding a cut in the spending.

Rupee declines for fourth day in a row; down 15p at Rs.56.36 against dollar

The rupee declined for fourth day in a row by losing 15 paise to Rs 55.36 per dollar in early trade today following sustained dollar demand from importers.However, a higher opening in the equity markets and slightly weak dollar against the euro overseas amid continued foreign fund inflows limited th...

Sensex up 32 points at 18,550 in early trade

BSE benchmark Sensex gained over 32 points in early trade today .The 30-share barometer, which had gained over 188 points in the previous two sessions, added 32.17 points, or 0.17 per cent, to 18,550. with stocks of power, capital goods, metal and oil and gas sectors extending support.Similarly, the...

Cabinet nod for pvt sector investment in Railways

Desperate to attract private investment in the cash-strapped railways, the Cabinet on Thursday cleared the state-run transporter's plan to rope in the private sector for building new rail lines and plants, and augment capacity.With the policy in place, the railways will be able to get the p...

FM halts govt aid for NGOs across the board for first time

Government funding for non-government organisations (NGOs) and autonomous bodies has been halted across the board by the finance ministry for the first time. Citing austerity measures the government has asked all ministries to stop grants to these bodies unless they can show how they have spent past...

India has signed a 70-million Dollar loan agreement with the World Bank for additional financing of Karnataka Health Systems Development and Reform Project. The main objective of the project is to improve the health services delivery, public-private collaboration and financing for the benefit of und...

Sensex gains 57 points

Rising for the second straight session, the Sensex at the Bombay Stock Exchange gained 57 points, or 0.3 percent, to close at 18,517, today, after signs that the government might push through economic reforms to boost economic growth. Firm Asian and European markets also lifted market sentiment. The...