Business

August 1, 2012 1:25 PM

Sensex surges 40 pts in noon trade

Recovering from early losses, the Sensex at the Bombay Stock Exchange stood 40 points, or 0.2 per cent in positive territory, at 17,277 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had declined 36 points, or 0.2 per cent, to 17,200, on profit-booking by investor...

August 1, 2012 12:23 PM

Sensex declines by 29 pts in noon trade

The BSE benchmark Sensex which declined by 36 points in early trade today was trading 29 points down a short while ago.In a similar fashion, the wide-based National Stock Exchange index Nifty shed 8 to 5,221 points.In Asian region, Hong Kong's Hang Seng fell 0.02 per cent, while Japan&a...

August 1, 2012 11:21 AM

India's exports contracts in June by 5.45 %

India's exports contracted for the second consecutive month in June by 5.45 per cent, year-on- year, to 25 billion US Dollars on account of growing economic uncertainties in the Western markets.Imports dipped more sharply, by 13.46 per cent to 35.37 billion US Dollars during the month, comp...

August 1, 2012 10:10 AM

Sensex declines by 36 pts in early trade

The BSE benchmark Sensex declined by 36 points in early trade today as participants booked profits after recent gains amid a weak trend overseas. The 30-share barometer, which had gained over 598 points in the last three sessions, fell by 36 points to 17,200.In a similar fashion, the wide-based Nati...

July 31, 2012 6:00 PM

RBI: Rainfall deficit likely to hit production of kharif crops, prices<br/>

Expressing concern over the weakest monsoon since 2009, the Reserve Bank today said rainfall deficit of 21 per cent is likely to hit production of kharif crops, mainly coarse cereals and pulses, and could put pressure on prices of these commodities.Though monsoon risks to overall economic growth cou...

July 31, 2012 5:57 PM

Sensex gains 93 pts to close at 17,236

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained 93 points, or 0.5 percent, to 17,236, amid firm regional markets, even as the Reserve Bank kept its key policy rates unchanged, today. The Sensex had gained over 500 points in the previous two trading sessions. The...

July 31, 2012 12:51 PM

Sensex falls by over 84pts in midsession trade<br/>

Erasing initial gains, the Sensexwas down by over 84 points after the Reserve Bank left the key interest rate unchanged today to fight inflation and lowered economic growth projection to 6.5 per cent for this fiscal.The BSE 30-share barometer, which had added 55 points in opening trade, fell by 84.2...

July 31, 2012 12:22 PM

Discount on gold coins at India Post offices on Raksha Bandhan

India Post has announced special discount of six and a half per cent on purchase of gold coins on the occasion of Raksha Bandhan festival. This offer is available in all 31 Post Offices of Delhi indentified for the sale of Gold Coins. Customer will get the discount of the day&apos;s retail price...

July 31, 2012 11:40 AM

Rupee pares initial gains; trading 3p up at 55.55 against dollar

The rupee pared its initial gainsto trade higher marginally by 3 paise to 55 rupees 55 paise against theAmerican currency in the late morning trade. This follows fresh dollarselling by exporters and some banks amidst firm dollar overseas.The rupee resumed higher at 55.40 per dollar against yesterday...

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