Business

September 25, 2012 11:06 AM

Rupee down 8p to 53.55 against dollar

The rupee declined by 8 paise to 53.55 against the dollar in early trade on the Interbank Foreign Exchange today following increased month-end demand for the American currency from importers. The rupee had lost 2 paise to end at 53.47 against the dollar in yesterday's session on heavy month...

September 25, 2012 10:07 AM

Crude prices rise in Asia on more strictures on Iran by West on nuke programme

Crude prices rose in Asia today after the United States, Britain, France and Germany moved to apply more restrictions and sanctions on Iran over itscontroversial nuclear programme. New York's main contract, light sweet crude for delivery in November rose 31 cents to 92.24 US Dollars a barre...

September 25, 2012 10:05 AM

Continent losing momentum in trying to solve debt crisis: EU Chief

European Union President Herman Van Rompuy says the continent is losing momentum in trying to resolve its three-year debt crisis. Van Rompuy said in Brussels yesterday that European leaders must not lose the sense of urgency to tighten economic reforms and cut deficits. He said Europe is slipping in...

September 25, 2012 9:50 AM

Sensex rises over 100pts to trade at 18,790 in morning deals

The BSE benchmark Sensex recovered by over 116 points in early trade today as power sector stockssurged on fresh buying by funds and retailers after the government cleared proposal to restructure debt worth nearly 2 lakh crore rupees for state electricity boards. The 30-share barometer, which lost 7...

September 24, 2012 5:26 PM

Sensex down 79 pts to close at 18,673

Erasing initial gains, the Sensex at the Bombay Stock Exchange ended with a loss of 79 points, or 0.4 percent, at 18,673, on mild profit booking, amid subdued Asian and European markets, today. The Nifty at the National Stock Exchange shed 22 points, or 0.4 percent to 5,670.Stock markets in Japan, C...

September 24, 2012 1:41 PM

Sensex dips 32 points in afternoon trade

Erasing all its initial gains, the Sensex at the Bombay Stock Exchange declined a modest 32 points, or 0.2 percent, to 18,720 in afternoon trade, a short while ago, on profit-booking after recent strong gains, amid largely weak Asian markets. Earlier, in the morning, however, the Sensex had opened 5...

September 24, 2012 12:28 PM

World prices down in Asian trade

Oil prices eased in Asian trade today, weighed down by a fall in regional equities and on lingering concerns over the eurozone debt crisis. New York's benchmark contract, West Texas Intermediate crude for November delivery, was down 1.01 dollar to 91.88 dollar a barrel in the morning trade....

September 24, 2012 12:28 PM

Rupee up by 20 paise; trading at 53.25 a dollar

The rupee erased some early gains today, but was still up 20 paise at 53.25 rupees a dollar on persistent selling of the American currency by banks and exporters amid sustained foreign capital inflows. The rupee resumed at 53.45 rupees a dollar. It firmed further to 53.10 rupees before quoting at 53...

September 24, 2012 12:27 PM

Sensex trading in green

The BSE benchmark Sensex was trading 7 points in green at 18,760 a short while ago. Earlier, the 30-share barometer added over 56 points, to trade at over 18,809, its highest level since July 2011, with stocks of power, FMCG, realty and IT sectors leading the rise.The index had gained almost 404 poi...

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