Rupee rises marginally by 6 paise against US dollar

The rupee rose marginally by 6 paise to trade at 55.55 against the US dollar in early trade today at the Interbank Foreign Exchange on increased capital inflows amid stronger euro. The rupee had logged its second biggest gain in nearly a decade, up a whopping 119 paise to settle at a two-week highof...

BSE Sensex down by 40 points in early trade today

Snapping a four-day rising streak, the BSE benchmark Sensex fell by over 40 points in early trade today as funds and retail investors booked profits at prevailing levels. The 30-share index, which gained over 547 points in the last four sessions, fell to around 17,390 with stocks of oil and gas, aut...

Finance Ministry under PM will very quickly resolve uncertainty among investors:Montek

ATF prices reduced by 2 percent

In a major relief to cash-strapped airlines, the price of aviation turbine fuel, ATF has been reduced by about 2 per cent. In Delhi, it has been reduced by 1,241 rupees per kilolitre, to 61,169 rupees per kilolitre with effect from midnight last night. According to Indian Oil Corporation, jet fuel i...

Core sector growth for May estimated to be 3.8 per cent<br/>

An official press release says, the revised growth rate of Core Sector for May is now estimated to be 3.8 percent as against 4.6 indicated earlier.The estimated growth rate for Cement is 11.3 percent as against 22.1. The relase says, there was a technical, which led to earlier figures.

Goa offers single window system to attract companies

Goa has offered single window clearance to attract leading companies to set up shop in the state. It has assured transparency in government dealings.Chief Minister Manohar Parrikar told Chief Executive Officers and Captains of industry that all the industry related policies will be in place by Augus...

Oil companies cut ATF prices by Rs 1, 241 per kilo litre

Aviation Turbine Fuel prices have been cut by oil companies by 1,241 rupees per kilo litre. This comes in to force from Saturday midnight.

World Bank approves $60M credit to Nepal

Rupee logs second biggest gain in decade to close at 55.61 per US Dollar

Sensex surges 439 points to close at 17,430

Rising for the fourth straight session, the Sensex at the Bombay Stock Exchange posted its biggest single-day gain this year, of 439 points, to 17,430, today, as investors cheered clarity on tax-avoidance rules, an upgrade of the Indian markets, and as global market gained ground. The Nifty shot up ...