Business

June 25, 2012 2:22 PM

Sensex gains 77 pts

The Sensex at the Bombay Stock Exchange gained 144 points, or 0.8 per cent, in early trade, today, to cross the 17,000 level, at 17,117, on fresh buying by funds and retail investors, after Finance Minister Pranab Mukherjee on Saturday said the government will announce measures to improve market con...

June 25, 2012 12:03 PM

Sensex gains over 100 points to cross 17,000 level

The Sensex at the Bombay Stock Exchange gained over 100 points to cross the 17,000 level in late morning deals on buying by funds and retailers after Finance Minister Pranab Mukherjee said on Saturday that the government will announce measures today to improve market conditions. The 30-share baromet...

June 25, 2012 10:27 AM

Rupee trading up by 65 p at 56.50 against dollar

The Rupee recovered sharply by 65 paise against the dollar in early trade today on selling of American currency by banks amid expectations that Reserve Bank may announce steps to boost the local unit.After plunging to all-time low of 57.37 in the previous session, the rupee was trading at 56.50 agai...

June 24, 2012 8:55 PM

PM assures of effective policy measures to enhance economic growth rate

The Prime Minister has said that effective policy measures will be taken to enable the country return to the high growth path. Dr. Manmohan Singh appealed to all political parties to work with the government to restore the momentum of growth. Dr. Singh was talking to media persons last night on boar...

June 23, 2012 12:46 PM

IKEA to invest Rs 10500 crore to open 25 stores in India<br/>

Swedish furniture retailer IKEA will invest about 10,500 crore rupees for setting up 25 stores in single-brand retail in India. This was confirmed by IKEA CEO M Ohlsson after he met Commerce Minister Anand Sharma at St Petersburg yesterday. The Minister said, despite the problems in global economy a...

June 22, 2012 6:34 PM

Gold drops 190 rupees on sluggish demand

Gold dropped 190 rupees, to 30,400 rupees per ten grams at Delhi&apos;s bullion market, today, on sluggish demand, amid a weak trend in the global markets. Silver declined 900 rupees, to 53,900 rupees per kilo. In the global markets, gold fell 0.2 per cent, to 1,563 dollars an ounce. Silver lost...

June 22, 2012 5:47 PM

Sensex falls 60 pts to close at 16,973

Snapping a three-day rally, the Sensex at the Bombay Stock Exchange dropped 60 points, or 0.4 percent, to close below the 17,000 level, at 16,973, amid a sliding rupee, and in line with falling global markets, today. The Nifty at the National Stock Exchange fell 19 points, or 0.4 percent, to 5,146. ...

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