Rupee gains 11p at 55.42 against dollar

The rupee rose by 11 paise to 55.42 against the US dollar in early trade today on the Interbank Foreign Exchange as the American currency weakenedagainst euro overseas. Forex dealers said, dollar selling by exporters and banks also supported the rupee.The rupee had lost 1 paisa to close at 55.53 aga...

Sensex down 55pts at 17,324 in noon trade

The Sensex at the Bombay Stock Exchange which opened 60 points in red, was trading 55 points down at 17,324 in the afternoon trade.The Nifty at the National Stock Exchange shed 16 points, to 5,237.In the Asian region, Hong Kong's Hang Seng index fell by 0.17 per cent, while Japan's...

UP CM Akhilesh Yadav rules out FDI in retail sector

Uttar Pradesh Chief Minister Akhilesh Yadav has ruled out Foreign Direct Investment, FDI, in retail sector. He said that permission of FDI in retail sector will adversely affect the interests of small traders. He announced the stand of his government while addressing a gathering of businessmen in Lu...

Crude prices rise in Asia

Crude prices rose in Asia today. New York's main contract, light sweet crude for delivery in October, advanced 78 cents to 97.25 dollars a barrel and Brent North Sea crude for October delivery gained 37 cents to 116.15 dollars.

Rupee up 11p at 55.42 against dollar

The rupee rose by 11 paise to 55.42 against the US dollar in early trade today on the Interbank Foreign Exchange as the American currency weakenedagainst euro overseas. Forex dealers said, dollar selling by exporters and banks also supported the rupee.The rupee had lost 1 paisa to close at 55.53 aga...

Rupee rises by 10 paise to 55.42/ US dollar

The rupee rose by 10 paise to 55.42 against the American dollar in early trade on Monday at the Interbank Foreign Exchange on dollar selling by exporters and some banks.The forex dealers said, besides, steady euro against the American unit and a higher opening in the domestic equity market supported...

375cr agreement b/w SIDBI & KfW to support MSMEs in clean tech sectors

Sensex falls 60pts in early trade; quoting at 17,324pts

The Sensex at the Bombay Stock Exchange fell by 60 points in early trade today, extending its losing streak for the third straight session. The 30-share index, which had lost over 45 points in the previous session, fell by 0.35 per cent, to 17,324 with stocks of capital goods, IT and power sectors l...

Sensex down 45 pts to close at 17,384<br/>

Erasing all its early gains, the Sensex at the Bombay Stock Exchange shed 45 points, or 0.3 percent, to close at 17,384, today. The Nifty at the National Stock Exchange fell 5 points, or 0.1 percent, to 5,254.Stock markets in Japan, China, Hong Kong, South Korea and Singapore ended mixed.

Steepest fall in three years in July exports

Exports in July contracted 14.8 per cent, steepest fall in three years, to 22.4 billion US Dollars. This is mainly due to the demand slowdown in the US and Europe. Reflecting slowdown in the economy, imports too declined by 7.61 per cent to 37.9 billion dollars in July, leaving a trade deficit of 15...