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August 14, 2012 11:01 AM
The rupee depreciated by 29 paise to 55.63 against the dollar in early trade today, extending losses for the third day in a row on the Interbank Foreign Exchange on continued demand for the American currency.The rupee had lost 6 paise to end at 55.34 against thedollar in yesterday's volatil...
August 14, 2012 10:04 AM
The rupee failed to maintain initial gains by slipping 10 paise to 55.38 against the American currency in late morning trade yesterday on fresh dollar demand from banks and importers.The rupee resumed higher at 55.25 a dollar against last weekend's level of 55.28 at the Interbank Foreign Ex...
August 14, 2012 9:59 AM
Brent crude oil price hit a three-month high following tight supply and New York oil down amid hopes of added stimulus to boost global economic growth .Brent crude reached USD 115.11 a barrel to reach the highest level since early May. Brent North Sea crude for delivery in September later stood at U...
August 14, 2012 9:58 AM
In range-bound movement, the BSEbenchmark Sensex today declined by nearly 21 points in early trade ahead of July inflation data amid profit-booking by speculators.The 30-share barometer, which has gained 75.71 points yesterday, fell by 20.43 points to, with stocks of realty, capital goods and health...
August 14, 2012 9:27 AM
In relief to bank customers, the Reserve Bank has asked banks to compensate them for delay in clearance of local cheques. The Central bank in it's directive has said; in case, no rate is specified in the Cheque Collection Policies , CCP for delay in realisation of local cheques, compensatio...
August 13, 2012 8:03 PM
Iraq has now become the second largest producer of crude oil in the world. It has outpaced Iran to become the second biggest crude producer in OPEC. Iraqi Deputy Prime Minister incharge of Energy Affair Hussain Al Shahristani told that its oil production reached 3.2 million barrel per day which is m...
August 13, 2012 5:45 PM
The Sensex at the Bombay Stock Exchange gained 76 points, or 0.4 percent, to close at 17,633, on fag-end buying by investors, today. The Nifty at the National Stock Exchange rose 28 points, or 0.5 percent, to 5,348.But stock markets in Japan, China, Hong Kong, and South Korea lost between 0.1 percen...
August 13, 2012 2:09 PM
Oil prices were higher in Asian trade today on expectations of stimulus measures to boost economic growth in the United States, China and Europe. New York's main contract, light sweet crude for delivery in September, was up 47 cents to 93.34 dollar in the morning, while Brent North Sea crud...
August 13, 2012 1:37 PM
The Sensex at the Bombay Stock Exchange rose 22 points, or 0.1 per cent, to 17,580 in early trade, today, on selective buying by funds. But the Sensex later gave up all its initial gains, and stood 35 points, or 0.2 percent in negative territory, at 17,523 in afternoon deals, amid volatile trade, a ...
August 13, 2012 12:34 PM
The Oil & Natural Gas Corporation (ONGC) has posted growth of 48.44 per cent in its net profit to 6077.70 crore rupees as compared to 4094.90 crore rupees in the same period last year, benefiting from high crude oil prices and foreign exchange fluctuations. The total income for the quarter r...
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