Rupee fails to retain initials gains

The rupee failed to retain initial gains but was quoting steady at 53.69 against the US dollar today on the selling of the American currency by banks and exporters amid sustained capital inflows from foreign funds into equity market. It resumed flat at 53.70 a dollar at the Interbank Foreign Exchang...

Mix trend in oil prices

Crude was mixed but well-supported in Asia today as upbeat Chinese and US economic data sparked hopes that the world's largest economies were turning the corner. New York's main contract, light sweet crude for delivery in December fell 16 cents to 86.93 dollars a barrel while Brent...

BSE Sensex gains 161 points in early trade

The BSE benchmark index Sensex today gained nearly 161 points in early trade on sustained buying by funds and retailers amid a firming trend in the Asian region.The 30-share barometer added 160.74 points, or 0.87 percent, to 18,722.44 with stocks of realty, auto, banking and healthcare sectors leadi...

Rupee up by 10 paise against UD dollar

The rupee today rose by 10 paise to 53.60 against the US dollar in early trade. Exchange market on the back of increased capital inflows.Forex dealers said that sustained dollar sales by exporters and banks and a higher opening in the equity market also boosted the rupee sentiment.

SEBI simplifies procedure for change of name in individual Beneficial Owner's account

The Securities and Exchange Board of India, SEBI, has simplified procedure for change of name in individual Beneficial Owner's account. In a circular issued on Thursday, SEBI has said that in case there is a change of name after marriage, the individual investor can submit either a copy of ...

India signs protocol with UK for avoidance of double taxation and prevention of fiscal evasion

EGoM approves existing players can retain a maximum of 2.5 MHz in prime band spectrum

The Empowered Group of Ministers, EGoM, has approved that the existing players can retain a maximum of 2.5 MHz in prime band spectrum when their current licences expire. However, they have to pay a price which will be determined later through auction. Talking to reporters after the meeting in New De...

Sensex gains 56 pts to close at 18,562

Rebounding from initial losses, the Sensex at the Bombay Stock Exchange closed with a gain of 56 points, or 0.3 percent, at 18,562, today. The Nifty at the National Stock Exchange rose 25 points, or 0.5 percent, to 5,645.Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed...

Sensex gains 56 pts to close at 18,562

Extending gains for second straight session this week, the Indian markets today ended in the green. The benchmark index at the Bombay Stock Exchange gained 0.3 percent or 56 points to close at 18,562. The National Stock Exchange too ended in the green. The Nifty closed the day at 5,642, with a gain ...

Sensex gains 25 points

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood a modest 25 points, or 0.1 per cent in positive territory, at 18,531 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened 44 points, or 0.2 per cent in the red, at 18,462, as funds ...