Crude oil price fall in Asia

Crude oil prices fell in Asia today after official data showed China's manufacturing activity contracting for the second straight month in September.New York's main contract, light sweet crude for delivery in November, shed 56 cents to 91.63 dollar a barrel and Brent North Sea crud...

Sensex gains 28 pts in noon trade

The Sensex at the Bombay Stock Exchange rose by 28 points to 18,791 in noon trade today. The 30-share barometer gained 53 points in early trade today, extending its previous session's rally on sustained buying by funds and retailers largely on expectations of further economic reforms by the...

Rupee down 12 paise against dollar

The rupee today fell by 12 paise to trade at 52.97 against the US dollar in early trade at the Interbank Foreign Exchange in Mumbai as the American currency firmed against euro and other currencies in the overseas market.The rupee had gained 17 paise to close at five-month high of 52.85 against the ...

Six killed in TN fire accident

In Tamil Nadu, a gruesome fire accident in Thoppuvalasai village in Ramanathapuram, six people including four children were charred to death early today.Ramnathapuram Suprintendent of Police Manivannan told AIR that investigations are going on into the fire accident. Details are awaited.

Sensex surges 53 pts in early trade

The Sensex at the Bombay Stock Exchange rose by 53 points in early trade today, extending its previous session's rally on sustained buying by funds and retailers largely on expectations of further economic reforms by the government.The 30-share barometer, which had gained 183 points on Frid...

Decision to allow FDI in retail trade has improved market sentiments, says RBI

India's decision to allow 51 per cent FDI in multi-brand retail has improved the market sentiment and helped the rupee to rebound, Reserve Bank Deputy Governor Anand Sinha said this in Beijing today. However, he said that success of FDI in retail depends on how much India gets in the end. T...

FDI in multi-brand retail has improved market sentiment, says Sinha

India's decision to allow 51 per cent FDI in multi-brand retail has improved the market sentiment and helped the rupee to rebound, Reserve Bank Deputy Governor Anand Sinha said this in Beijing today. However, he said that success of FDI in retail depends on how much India gets in the end. T...

The Iranian rial slumped today to a historic low against the U.S. dollar. According to Iranian media and currency tracking websites the rial fell by 3.6 percent and was trading at about 27,900 per dollar. Persian-language currency tracking website Mazanex says,there is no clear reason for the latest...

Apple apologises for mapping service errors

Technology giant Apple has apologized for glaring errors in its new mapping service. The maps on the new i-phone puts some towns, cities and landmarks in wrong places, while some were not there at all.Apple also took the unusual step of recommending the use of rival maps.

US President Barack Obama has blocked a Chinese-led group from purchasing several wind farms near a US naval station, saying the acquisition threatened the country's national security.According to US officials, the wind farm sites are all within or near restricted air space at an Oregon nav...