Oil falls in Asia as Isaac shuts US refineries

Oil prices fell in Asia today as crude demand suffered from refinery shutdowns in the US Gulf Coast due to the onset of Tropical Storm Isaac. New York's main contract, light sweet crude for delivery in October fell 14 cents to 95.33 dollar a barrel and Brent North Sea crude for October deli...

Rupee extends losses for third day; at 55.88 against dollar

Extending losses for the third day in a row, the rupee depreciated by 19 paise to 55.88 against the dollar in early trade today on the Interbank Foreign Exchange on continued demand for the American currency. Besides, month-end dollar demand from oil importers, a lower opening in the equity market a...

Sensex declines marginally; trading at 17,664 in morning deals<br/>

The BSE benchmark Sensex declined marginally by over 14 points in early trade today as participants trimmed positions amid a weak trend in Asia. The 30-share barometer, which had lost 104.40 points yesterday, fell by 14.04 points, or 0.09 per cent, to 17,664.77. Stocks of realty, auto and consumer d...

FM to inaugurate meet of tax officials today

The Finance Minister, Mr. P. Chidambaram will inaugurate a conference of the Chief Commissioners and Directors General of Customs, Central Excise and Service Tax in New Delhi today. The conference will focus mainly on ensuring clarity in indirect tax laws, a stable tax regime, a non- adversarial tax...

India China Jt. Wkg Group set up to address trade issues

India and China have set up a joint working group to address all their trade related issues to strengthen economic relationship. At the ninth session of the India-China Joint Group on Economic Relations, Trade, Science and Technology in New Delhi yesterday, the two also agreed to work on a five-year...

SEBI launches no-frills demat accounts for investors

WIPRO to expand its Kolkata campus

Sensex down by 104 pts.

Sensex down by 104 pts

The Sensex at the Bombay Stock Exchange lost 104 points, or 0.6 percent, to close, at 17,679, today, amid weak Asian markets. The Nifty fell 36 points, or 0.7 percent, to 5,350.Stock markets in China, Hong Kong, South Korea and Singapore declined between 0.1 percent and 1.7 percent.

Gold prices touch all-time high

Gold prices today touched all-time record of 31,400 rupees per 10 grams in the bullion market on strong cues from global markets.Traders said gold registered gains for the seventh trading session in a row, rising by 100 rupees, on sustainedbuying by stockists amid rally in overseas market.The invest...