Business

July 3, 2012 9:40 AM

Sensex snaps 4-day rally; down 31 pts

Snapping four days of gains, the Sensex at the Bombay Stock Exchange closed 31 points, or 0.2 percent lower, at 17,399, on mild profit-booking by investors, after range-bound trade on Monday.The Sensex had gained almost 550 points in the last four trading sessions.Stock markets in Japan, China, and ...

July 3, 2012 9:23 AM

IMF sanctions 18.2million dollar disbursement for Afghanistan

The International Monetary Fund, IMF has sanctioned 18.2 million dollar disbursement to Afghanistan. A press release issued by the IMF said, the executive board approved the amount after reviewing the economic performance of Afghanistan. It observed that Afghanistan has begun a transition toward gre...

July 2, 2012 9:31 PM

ADB regrets WB, B'desh non consensus over bridge loan

The Asian Development Bank has expressed regret over the failure of the World Bank and the Bangladesh government to reach a workable agreement to move forward on the 2.9 billion US dollar Padma bridge project.According to an ADB official, the bank which is a co-financier of the project will be now b...

July 2, 2012 7:32 PM

Sensex snaps 4-day rally; down 31 pts

Snapping four days of gains, the Sensex at the Bombay Stock Exchange closed 31 points, or 0.2 percent lower, at 17,399, on mild profit-booking by investors, after range-bound trade on Monday.The Sensex had gained almost 550 points in the last four trading sessions.Stock markets in Japan, China, and ...

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