Business

September 14, 2012 9:54 AM

Sensex surges over 406pts in early trade to reach 18,428pts

The BSE benchmark Sensex surged over 406 points in early trade today.The 30-share barometer, which has gained nearly 710 points in the previous seven sessions, shot up further by 406.45 points, or 2.26 per cent, to 18,428.Similarly, the wide-based National Stock Exchange index Nifty regained psychol...

September 13, 2012 8:31 PM

RBI: Central bank focusing on bringing down cash component in economy

RBI has said that the central bank is focused on bringing down the cash component in the economy. Speaking to reporters in Mumbai today, RBI Deputy Governor H R Khan said that circulation of a large amount of cash in the economy leads to many problems and hence India should move towards a less cash ...

September 13, 2012 7:02 PM

India's Exports decline by 9.7% year-on-year in Aug

India's Exports declined by 9.7 per cent year-on-year to 22.3 billion US dollar in the month of August due to the global economic slowdown. Talking to reporters in New Delhi, Commerce Secretary S R Rao said that during April to August this year, the shipment dipped by about six per cent to ...

September 13, 2012 4:57 PM

Sensex gains 19 pts in noon trade

Sensex gains 21 pts to close at 18,021Continuing its winning spree for the seventh straight session, the Sensex at the Bombay Stock Exchange rose a modest 21 points, or 0.1 percent, to a seven-month closing high of 18,021, today. The Nifty at the National Stock Exchange rose 4 points, or 0.1 percent...

September 13, 2012 3:08 PM

Oil prices rise in Asian trade

Oil prices rose in Asian trade today as tensions sparked by the killing of the US ambassador to Libya and a German court ruling on a eurozone bailout fund helped boost prices. New York's main contract, light sweet crude for delivery in October, was up eight cents to 97.09 dollars a barrel i...

September 13, 2012 1:48 PM

Sensex gains 19 pts in noon trade

The Sensex at the Bombay stock Exchange rose 24 points, or 0.2 per cent, to 18,024 in early trade, today, on sustained buying by funds and retail investors, amid positive regional markets. Later, after giving up all its inital gains, and briefly moving into the red, the Sensex recovered again, to st...

September 13, 2012 11:39 AM

Sensex gains 49 pts in noon trade

The Sensex at the Bombay Stock Exchange was trading 49 points in the positive territory at 18,049 a short while ago . Earlier the Sensex rose for the seventh day in a row by adding 43 points in early trade today on sustained buying by funds and retailers amid a firm trend in Asian markets. The 30-sh...

September 13, 2012 10:50 AM

Oil prices rises in Asian trade

Oil prices rose in Asian trade today as tensions sparked by the killing of the US ambassador to Libya and a German court ruling on a eurozone bailout fund helped boost prices. New York's main contract, light sweet crude for delivery in October, was up eight cents to 97.09 dollars a barrel i...

September 13, 2012 10:02 AM

Rupee down by 20 paise against dollar

The rupee depreciated by 20 paise to 55 rupees 41 paise against the dollar in early trade today on fresh demand for the American currency. In yesterday's trade,the rupee had gained 13 paise to 55 rupees 21 paise on persistent selling of dollars by banks

September 13, 2012 10:01 AM

Sensex rises 43 pts in early trade

The Sensex at the Bombay Stock Exchange rose for the seventh day in a row by adding 43 points in early trade today on sustained buying by funds and retailers amid a firm trend in Asian markets. The 30-share barometer, which had gained over 688 points in the past six sessions, added 42 points, to 18,...

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