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July 24, 2012 11:57 AM
The Sensex at the Bombay Stock Exchange was trading 30 points in the positive territory, at 16,906, in late morning deals. The 30-share barometer recovered by 73 points in its opening session after recent losses on emergence of buying by funds and retail investors at prevailing levels. In a Similar ...
July 24, 2012 11:35 AM
The rupee today breached the 56-mark and was down 13 paise to trade at fresh three-week low of 56 rupee 10 paise against the US dollar. The fall in rupee was attributed to strong demand for the American currency from banks and importers, particularly oil firms.The rupee had lost 65 paise to 55.97 in...
July 24, 2012 10:50 AM
The Sensex at the Bombay Stock Exchange recovered by 73 points in early trade today after recent losses on emergence of buying by funds and retail investors at prevailing levels. Covering-up of short positions by speculators also helped stocks to recover part of lost ground. The 30-share barometer, ...
July 24, 2012 9:14 AM
Spain has banned short-selling of shares to try to limit price moves after markets fell sharply on fears the country may need a full bailout. Spain's market regulator blocked the practice for three months to try to restore order after sharp falls in bonds and shares. Italy has also banned s...
July 24, 2012 9:11 AM
Representatives from the troika of international lenders arrive in Greece today to assess its progress towards reducing its huge debts. They must decide whether Greece is eligible to receive 31.5 billion euros, the last tranche of a 130 billion euro aid package agreed in March. Athens is behind in i...
July 24, 2012 9:10 AM
The credit ratings agency Moody's has warned that the outlook for Germany's AAA credit rating is negative. This is the first step towards a possible downgrade. The ratings for the eurozone's other top-rated economies the Netherlands and Luxembourg were also put on negative...
July 24, 2012 9:08 AM
Oil production from Barmer basin of Rajasthan has touched 10 Crore barrel this year. Cairn energy has been producing crude oil from 2 oil wells of Thar desert for the last 2 years. According to Cairn, 1,75,000 barrel oil is being produced per day from this area and production from one more oil well ...
July 24, 2012 8:58 AM
State - owned oil marketing companies have hiked the petrol prices by 70 paise per litre. The new rates became effective from midnight last night. With this, petrol in the national capital will cost 68 rupees 48 paise per litre. However in Kolkata, the consumer have to pay 73 rupees 61 paise per lit...
July 23, 2012 7:30 PM
Dragged down by falling global markets, the Sensex at the Bombay Stock Exchange dropped 281 points, or 1.6 percent, to close below the 17,000 level, at a nearly one-month low of 16,877, on Monday.The Nifty at the National Stock Exchange fell 87 points, or 1.7 percent, to 5,118. Key Asian markets in ...
July 23, 2012 5:23 PM
Dragged down by falling global markets, the Sensex at the Bombay Stock Exchange dropped 281 points, or 1.6 percent, to close below the 17,000 level, at a nearly one-month low of 16,877, on Monday.The Nifty at the National Stock Exchange fell 87 points, or 1.7 percent, to 5,118. Key Asian markets in ...
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