FII inflow into India crosses $10-bn mark

Foreign Institutional Investors (FIIs) have poured in over $1.67 billion this month in the Indian stock market, taking their total investments so far this year to more than $10 billion.According to data available with the Securities and Exchange Board of India (SEBI), foreign investors, who had pull...

Pressure-hit Sensex falls 214 points

The Sensex at the Bombay Stock Exchange today dropped below the 17,000 level after more than three-and-a-half-week and was trading 214 points down at 16,944 in late afternoon deals. The fall was attributed to sustained selling pressure from operators ahead of the expiry of derivatives contracts on T...

Pressure-hit Sensex down 182 in afternoon trade

The Sensex at the Bombay Stock Exchange today dropped below the 17,000 level after more than three and a half week and was trading 182 points down at 16,976. The fall was attributed to sustained selling pressure from operators ahead of the expiry of derivatives contracts on Thursday amid lower Asian...

Pressure-hit Sensex down 182 in afternoon trade

The Sensex at the Bombay Stock Exchange today dropped below the 17,000 level after more than three and a half week and was trading 182 points down at 16,976. The fall was attributed to sustained selling pressure from operators ahead of the expiry of derivatives contracts on Thursday amid lower Asian...

Led by EU debt crisis, oil prices fall down

Oil prices fell more than one dollar a barrel today on renewed fears about Europe's debt crisis. Brent crude slipped 1.03 dollar to 105.80 dollar a barrel while US crude fell 1.05 dollar to 90.78 dollar a barrel.

Rupee fall against dollar continues

The rupee fell by 43 paise to trade at 55.75---its lowest since July 13---against the dollar in early trade today at the Interbank Foreign Exchange as the American currency strengthened against euro and other currencies in the overseas market. The rupee had lost 20 paise to close at 55.32 against th...

Sensex falls 153 points in early trade

The BSE Sensex fell by over 153 points in early trade today on fresh selling by funds and retail investors, triggered by weak global cues. The 30-share barometer, which gained over 120 points in last session, fell by over 153 points, to nearly 17,005 with all the sectors led by metal, auto and realt...

A CII CEOs mission led by CII President Mr. Adi Godrej on Sunday mooted a proposal to set up a special economic zone for Indian companies to invest in Bangladesh. Briefing reporters about the discussions held with Bangladesh's Ministers for Finance, Industries and Foreign Affairs in Dhaka t...

Murdoch gives up role in UK based newspapers

Media baron Rupert Murdoch has resigned as director of his UK-based newspapers. He separated his newspapers from the lucerative film and television divisions of News International last month. Murdoch's latest move is likely to lead to industry speculation that he is preparing the ground to ...

Iran to introduce three-tier exchange rate system for imports

Iran has decide to introduce a three-tier exchange rate system for the different categories of imports. Iranian news Agency ISNA reported that the government will provide dollars at the official rate of 12,260 Rials to import basic goods, and a rate of 15,000 rials to the dollar for capital and inte...