Business

August 8, 2012 6:13 PM

Sensex does a U-turn, back in loss mode

Erasing all its gains, the Sensex at the Bombay Stock Exchange ended with a loss of one point, at 17,601, today. But the Nifty of the National Stock Exchange closed the day with a gain of just one point, at 5,338.Overseas, stock markets in Japan, Hong Kong, China, South Korea and Singapore ended mix...

August 8, 2012 4:51 PM

Govt set to double exports

The Government aims to double its exports to $500 billion in 2013-14 from $251 billion in 2010-11 with focus on product, market strategies, technologies and research and development. In a written reply in the Rajya Sabha today, Minister of State for Commerce and Industry Jyotiraditya Scindia said th...

August 8, 2012 4:34 PM

Sensex up 53 points

The Sensex at the Bombay Stock Exchange gained 53 points, or 0.3 per cent, to trade at 17,654 in the afternoon trade today. The Nifty of the National Stock Exchange moved up 17 points, or 0.3 percent, at 5,354.Stock markets in Japan, Hong Kong, China, South Korea and Singapore were trading mixed in ...

August 8, 2012 10:43 AM

Rupee gains 5 p. at 55.02

The rupee rose by 5 paise to trade at fresh one-month high of 55.02 against the American currency in early trade today at the Interbank Foreign Exchange on persistent dollar selling by exporters and some banks.The rupee had strengthened by 45 paise to close at a one-month high of 55.07 against the d...

August 8, 2012 10:40 AM

Sensex opens up by 65 points

Rising for the third day in a row, the BSE Sensex gained 65 points in early trade today on sustained buying by funds and retailers amid a firming trend in Asian region. The 30-share barometer, which had gained almost 404 points in the previous two sessions, added 65 points, to nearly 17,667.Similarl...

August 7, 2012 7:05 PM

Provident funds set to be a click away

Minister for Labour and Employment Mallikarjun Kharge has said an e-passbook facility, in which individuals can view and print their employee provident fund passbooks without having to go through employers, would be launched by the Employee Provident Fund Organisation (EPFO).Speaking at the 200th me...

August 7, 2012 5:30 PM

IndiGo starts 2 new flights from Dubai

Low-cost carrier IndiGo Airlines has begun operating two new flights from Dubai today. Its the first direct flight between Dubai and Hyderabad and it took off this morning at around 5.35 am Dubai time. The daily flight reaches Hyderabad around 11.35 am local time and leaves Hyderabad at 1.20 pm loca...

August 7, 2012 5:25 PM

Will be able to face monsoon trouble: RBI<br/><br/>

The Reserve Bank today said banks were resilient enough to weather the pressure on farm loans caused by drought like situation because of deficient monsoon.RBI Deputy Governor KC Chakrabarty told reporters in New Delhi that banks have sufficient rehabilitation measures to weather it out. He said the...

August 7, 2012 5:18 PM

Sensex closes with 189-point gain

The Sensex at the Bombay Stock Exchange gained 189 points ---or 1.08 per cent---and closed at 17,601.The Nifty at the National Stock Exchange Index gained 54 points or 1.03 per cent, closed at 5337.

August 7, 2012 5:17 PM

Sensex closes with 189-point gain

The Sensex at the Bombay Stock Exchange gained 189 points ---or 1.08 per cent---and closed at 17,601.The Nifty at the National Stock Exchange Index gained 54 points or 1.03 per cent, closed at 5337.Syed Naseem Zaidi slated to be new ECSyed Naseem Ahmed Zaidi will be the new Election Commissioner. He...

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