Sensex rises by over 48 points in early trade

The BSE benchmark Sensex today rose by over 48 points in early trade, extending gains for the fifth straight session on continued buying by funds and retail investors. The 30-share BSE index, which has gained nearly 332 points in the past four sessions, gained another 48.09 points, or 0.25 per cent,...

Rupee down by 17 paise against US dollar in early trade

The rupee today fell by 17 paise to touch a fresh two-month low of 54.78 against the dollar in early trade at the Interbank Foreign Exchange, due to increased demand for the American currency from oil importers. Forex dealers said; besides, euro's weakness against the dollar overseas on ren...

BSE Sensex rises by over 48 points in early trade

The BSE benchmark Sensex today rose by over 48 points in early trade, extending gains for the fifth straight session on continued buying by funds and retail investors. The 30-share BSE index, which has gained nearly 332 points in the past four sessions, gained another 48.09 points, or 0.25 per cent,...

Banks can become members of stock exchanges:RBI

The RBI has said that the banks can become members of stock exchanges to undertake proprietary transactions in the corporate bond market. In order to further enhance transparency, it has been decided to permit Scheduled Commercial Banks to become members of SEBI approved stock exchanges. The size of...

RBI may ease monetary policy

The Reserve Bank of India, RBI, may ease monetary policy as early as January as price pressures ease in Asia's third-largest economy in the first part of next year on the back of slower growth. RBI Governor Subbarao said this on Monday. Growth in India has slumped to around 5.5 percent a ye...

India, Egypt looking forward to expand trade, economic ties

Rupee falls by 80 paise against USD

Rupee falls 80 paise against USD

India invites Canadian Pension Funds to invest in infrastructure projects

TRAI sets limit for concessional SMS at 100 per day per SIM

The Telecom Regulatory Authority of India (TRAI) in its latest directive to be implemented in 15 days, has set the limit for concessional SMS at 100 per day per SIM. According to the latest measures, there is no maximum limit for SMS, but consumers will be charged not less than 50 paisa per SMS once...