Sensex down by 50 pts in noon trade

Erasing initial gains, the Sensex at the Bombay Stock Exchange was trading 50 points in the negative territory at 17,733 in afternoon deals, when reports last came in. After losing 67 points in the previous session, the 30-share barometer recovered by 28 points in early trade today on emergence of b...

Sensex down by 32 pts in noon trade

Erasing initial gains, the Sensex at the Bombay Stock Exchange was trading 32 points in the negative territory at 17,752 in late morning deals, when reports last came in. After losing 67 points in the previous session, the 30-share barometer recovered by 28 points in early trade today on emergence o...

Crude prices surges in Asia

Crude prices surged in Asia today as supply of oil and gas from the Gulf of Mexico was curtailed after Tropical Storm Isaac forced the closure of production facilities in the region. The Gulf of Mexico is the hub of US offshore energy production, accounting for 23 percent of US crude oil output and ...

Rupee falls by 13 paise against dollar

The rupee fell by 13 paise to 55.63 rupees against the dollar in early trade today on the Interbank Foreign Exchange due to strengthening of the American currency against euro overseas. Traders said, a higher opening in the stock market, however, capped the losses.

Sensex surges over 28 pts in early trade

The BSE benchmark Sensex rose marginally by over 28 points in early trade today on emergence of buying by funds and retailers amid a mixed trend on Asian bourses. The 30-share barometer, which had lost 67 points in the previous session, recovered by 0.16 per cent, to 17,811.All sectoral indices were...

India-China Joint Economic Group meet to be held tomorrow

The meeting of the 9th session of India-China Joint Economic Group will take place in New Delhi tomorrow. The Union Minister of Commerce and Industry , Anand Sharma, will represent India while the Chinese side will be represented by the Commerce Minister Mr. Chen Deming.The Indian side led by Minist...

Gold touches new high of 31,300 Rs per 10 grams

Gold price touched a new high of 31,300 rupees per 10 grams in the bullion market in New Delhi on Saturday. Buoyed by a strong rally overseas, Gold added 185 rupees , registering gains for the sixth day in a row. Silver added 950 rupees to 57,800 ruppes per kg on increased buying.

Farm loan target fixed at 5.75 lakh crore for current fiscal

Farm loan target has been fixed at 5.75 lakh crore this fiscal. Finance Minister P. Chidambaram said in Karaikudi, Tamilnadu that the target is 1 lakh crore rupees more than last year's. He was inaugurating the new building of Rural Training Centre jointly set up by Indian Bank, Indian Over...

Panel to study business scene in country

The Centre has set up a 21-member committee to suggest ways for reforming regulatory environment for doing business in India. The panel, headed by former SEBI Chairman M Damodaran, will prepare a detailed report within six months and submit the same to the Government.The members of the committe incl...

Maruti plant shifting rumours baseless: Haryana Minister