Business

July 20, 2012 6:21 PM

Sensex down 120 pts

Snapping three days of gains, the Sensex at the Bombay Stock Exchange lost 120 points, or 0.7 percent, to 17,158, on reports that the Reserve Bank plans to tighten regulations for loan restructuring, and amid weak Asian and European markets, today. The Sensex had gained 176 points in the last three ...

July 20, 2012 6:20 PM

Gold gains 20 rupees

Gold gained 20 rupees, to 29,650 rupees per ten grams at Delhi's bullion market, today, amid firm global cues. But silver lost 300 rupees, to 52,250 rupees per kilo, on poor demand.Overseas, gold gained 0.2 per cent, to 1,585 dollars an ounce.

July 20, 2012 2:23 PM

China US trade spat: Beijing to probe imported US solar battery material

China says it will open probes into imported US and South Korean solar-grade polysilicon, which is used to make solar products. The Chinese Commerce Ministry said today that it will investigate whether U.S. and South Korea sold the kind of polysilicon used to produce solar batteries at artificially ...

July 20, 2012 2:11 PM

Sensex loses 75pts in noon trade

The Sensex at the Bombay Stock Exchange declined 28 points, or 0.2 per cent, to 17,251 in early trade, today, on profit-booking by investors, amid weak regional markets. Later, the Sensex lost some more ground, and stood 75 points, or 0.4 percent in negative territory, at 17,204 in afternoon deals, ...

July 20, 2012 2:04 PM

Maruti Manesar factory closed for second day after violence

In Haryana, the Maruti Suzuki India factory in Manesar is closed for the second day today after the violence on Wednesday, in which one senior company official was killed. Sources say, the plant will remain closed indefinitely for now. The Chief Minister of Haryana, Bhupinder Singh Hooda termed the ...

July 20, 2012 12:26 PM

Will help build social safety net for developing countries: WB Chief

World Bank President Jim Yong Kim said that all countries in the world need to take collegial efforts to face four major challenges to overcome poverty problem.In a statement yesterday, he said, there are major things to do to speed up our efforts in eradicating poverty across the world. He said, th...

July 20, 2012 12:19 PM

Sensex declines; trading down 91pts at 17,188

The BSE Sensex was trading 91 points down at 17,188 points a short while ago. It declined by over 27 points in the early trade today. The Sensex rose by almost 176 points in the previous three sessions.Similarly, the wide-based National Stock Exchange index Nifty shed 32 points to 5,210.Asian stocks...

July 20, 2012 11:31 AM

Crude prices fall in Asia

Crude prices fell in Asia today. New York's main contract, light sweet crude for August delivery, shed 53 cents, to 92.13 dollars a barrel and Brent North Sea crude for delivery in September, slid 38 cents to 107.42 dollars.

July 20, 2012 11:30 AM

Rupee at 55.15 against dollar in early trade

The rupee traded marginally lower by 3 paise to 55.15 against the dollar in early trade today as the American currency gained strength against euro and other Asian currencies. The rupee had gained 36 paise to close at 55.12 against the US dollar in yesterday's trade.

July 20, 2012 10:21 AM

Sensex down 72pts; trading at 17,251 in morning deals

The BSE benchmark Sensex declined by over 27 points in early trade today .The 30-share barometer declined by 27.52 points, or 0.16 per cent, to 17,251.33, as stocks of auto, realty and refinery sectors fell on profit-booking after recent strong gains.The Sensex rose by almost 176 points in the previ...

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