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August 16, 2012 5:03 PM

Gold declines Rs. 30 on sluggish demand

Gold declined 30 rupees, to 30,370 rupees per ten grams at Delhi's bullion market, today, on sluggish demand. But silver rose 100 rupees, to 54,000 rupees per kilo, on increased offtake.Overseas, gold fell 0.1 per cent, to 1,602 dollars an ounce.

August 16, 2012 5:00 PM

Sensex falls 71 pts to close at 17,657

Snapping two days of gains, the Sensex at the Bombay Stock Exchange fell 71 points, or 0.4 percent, to 17,657, on profit-booking by investors, today. The Sensex had gained 171 points in the last two trading sessions. The Nifty at the National Stock Exchange lost 17 points, or 0.3 percent, to 5,363. ...

August 16, 2012 1:41 PM

Sensex loses 50 pts in noon trade

The Sensex at the Bombay Stock Exchange fell 19 points, or 0.1 per cent, to 17,709 in opening trade, this morning, on mild profit-booking by funds and retail investors, after two sessions of gains. Later, the Sensex lost some more ground, and stood 50 points, or 0.3 percent in the red, at 17,679 in ...

August 16, 2012 11:49 AM

Sensex falls 32 pts in noon trade

The Sensex at the Bombay Stock Exchange slipped 32 points in its late morning trade, extending initial losses . The fall was attributed to the funds and retail investors' decision to book profits after two sessions of gains. The 30-share index which had fallen by 19 points in its opening se...

August 16, 2012 11:34 AM

Rupee drops 35 paise against dollar

The rupee dropped 35 paise to 56 per US dollar after a gap of two weeks on persistent demand for the American currency from banks and importers.The dollar also gained strength against other currencies in the overseas markets.The rupee resumed lower at 55.88 a dollar from Tuesday's closing l...

August 16, 2012 10:04 AM

Rupee down by 34 paise against dollar

The rupee fell by 34 paise to 55.99 against the US dollar in early trade at the Interbank Foreign Exchange market today as the American currency gained against other currencies overseas.Forex dealers said besides trengthening of dollar overseas, rupee fell for the fourth straight session on increase...

August 16, 2012 9:46 AM

Sensex falls 19 pts in early trade

The BSE benchmark Sensex fell marginally in early trade today as funds and retail investors preferred to book profits after two sessions of gains. The 30-share index fell by 19 points to 17,709 with stocks of IT, metals and PSU sectors leading the fall.Similarly, the wide-based National Stock Exchan...

August 15, 2012 8:46 PM

Govt hopeful of a turnout in exports by this Oct

In the backdrop of economic crisis in the Euro Zone casting a shadow on the country's exports, the government hopes that there will be a turnout in exports by this October. Reviewing the export performance with apex industry chambers and trade bodies in New Delhi, Commerce Minister Anand Sh...

August 15, 2012 7:49 PM

Inflation declines to 32 month low of 6.87% in July

Inflation in July moderated to 6.87 per cent --the lowest since November 2009-- helped by a decline in vegetable prices. But food inflation stayed in double digits, and manufactured items remained under price pressure. Inflation, as measured by the Wholesale Price Index, had stood at 7.25 percent in...

August 15, 2012 5:54 PM

Centre to set up 14 more ITOUs to deal with black money

The government will set up 14 more Income Tax Overseas Units (ITOUs) to deal with the menace of blackmoney and keep a tab on illegal routing of funds from abroad and parking money in foreign countries.News Agency reports that the Finance Ministry has recently sent a detailed proposal in this regard ...

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