Business

November 15, 2012 12:03 PM

Rupee falls 12 paise gainst dollar in late morning trade

The rupee depreciated by 12 paise to 55 rupees against the US dollar in the late morning trade, on sustained dollar demand from banks and importers, amid weakness in local equities. The rupee had lost 13 paise to close at a two-month low of 54 rupees 88 paise against the US dollar in the previous se...

November 15, 2012 12:02 PM

Sensex down 176 pts in noon trade

The Sensex at the Bombay Stock Exchange was trading 176 points in the negative territory at 18,443 in late morning deals, when reports last came in. Extending its losses for the fifth trading day in a row, the Sensex opened 168 points the red today, as stocks of IT, FMCG and healthcare sectors fell ...

November 15, 2012 10:25 AM

Rupee falls 19 paise to hit two-month low of 55.07 against dollar

The rupee lost 19 paise to hit a fresh two-month low of 55.07 against the US dollar in early trade today at the Interbank Foreign Exchange market on continued demand for the American currency from importers. Forex dealers attributed the decline in rupee's value for the fourth trading day in...

November 15, 2012 10:04 AM

Sensex down 168 pts in opening trade

The BSE benchmark Sensex extended losses for the fifth trading day in a row losing 168 points in opening trade today. IT, FMCG and healthcare sectors stocks fell on sustained selling by funds and retail investors amid a weak trend overseas. The 30-share Sensex, which lost almost 284 points in the pr...

November 14, 2012 2:20 PM

Inflation declines marginally to 7.45% in Oct

Inflation declined marginally to 7.45 per cent in October even though prices of food items like rice, wheat pulses and potato showed a rise. Inflation, as measured by the Wholesale Price Index (WPI), was 7.81 per cent in September. In October last year, however, it stood at 9.87 per cent.Food inflat...

November 14, 2012 12:25 PM

Crude price falls in Asia<br/>

Crude prices fell in Asia on growing fears over the US and Greek economies today, while the International Energy Agency cut its demand forecasts and OPEC said stockpiles were very high. New York&apos;s main contract, light sweet crude for December delivery slid 16 cents to 85.22 dollars a barrel...

November 13, 2012 6:30 PM

Gold falls 85 rupees, Silver sheds Rs 500<br/><br/>

Snapping a seven-day winning streak, gold fell 85 rupees, to 32,400 rupees per ten grams in special Diwali trading at Delhi&apos;s bullion market, today, on lack of buying support, amid a weak global trend. Silver lost 500 rupees, to 61,600 rupees per kilo. Silver coins plunged 2,000 rupees, to ...

November 13, 2012 6:27 PM

Sensex down 51 pts to close at 18,619<br/>

The Sensex at the Bombay Stock Exchange declined 51 points, or 0.3 percent, to close at 18,619, after a special, 75 minute, muhurat trading session from 3.45 p.m. to 5 p.m., today. Stocks fell on profit-booking by investors, amid weak global markets. The Nifty at the National Stock Exchange lost 17 ...

November 13, 2012 5:07 PM

Sensex falls 66 pts to close at 18,604

The Sensex at the Bombay Stock Exchange had fallen 66 points, or 0.4 percent, to 18,604, when reports last came in, during a special, 75 minute, muhurat trading session from 3.45 p.m. to 5 p.m., today. The Nifty at the National Stock Exchange had declined 23 points, or 0.4 percent, to 5,661.

November 13, 2012 1:28 PM

US to become world's biggest oil producer by 2017:Int'l Energy Agency

The International Energy Agency says, by 2017 the United States is likely to overtake Saudi Arabia as the world&apos;s biggest oil producer. The Paris-based energy agency said in its annual forecast that the U.S. is drilling more crude oil through increased use of hydraulic fracturing of undergr...

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