Sensex loses 92 pts in afternoon trade

Indian industrial delegation in Oman to explore biz opportunities

An Indian Industrial delegation arrives on a five day visit to Muscat today to explore the opportunities for new business and industrial collaboration with Omani counterparts.The visit has been organized by the Embassy of India in Oman to strengthen the economic ties between India and the Sultanate ...

Indian Property Show gets underway in Dubai

Sensex slides further in afternoon trade

Maintaining the downward trend the Sensex at the Bombay Stock Exchange was trading down by 193 points to 16,840 in afternoon trade. Earlier the BSE benchmark Sensex fell by over 129 points to 16,903 in early trade today on fresh selling by funds and retail investors, triggered by weak global cues. T...

Sensex trading down 124 pts in late morning deals

The BSE benchmark Sensex was down by 124 points to 16,909 in the late morning session due to selling from operators mainly in metal, refinery, banking and realty counters, triggered by fall in the overseas market. The 30-share barometer, which gained 326 points in last three sessions, fell by 129 po...

Commerce and Industry Minister Anand Sharma has written to chief ministers of Odisha, Punjab and Uttar Pradesh seeking their support for early implementation of the government's decision to allow 51 per cent FDI in multi-brand retail sector.Mr Sharma said in his letter that FDI in multi-bra...

Rupee, Sensex plunge in early trade

The rupee plunged by 57 paise to a new record low of 56.87 rupees against the US dollar in early trade today on increased capital outflows and rising demand from importers for the American currency. The rupee yesterday had hit all-time low of 56.57 intra-day, before the Reserve Bank intervened to he...

CCI imposes hefty penalty on 11 cement cos for price cartelisation

The Competition Commission of India has imposed more than six thousand crore rupees as penalty on 11 Cement Companies for price cartelisation. It has also imposed penalty on the Cement Manufacturers Association. An official release says, the cement manufacturers have been directed to deposit the pen...

Sensex surges 136 pts to close at 17,033

Rebounding strongly from initial losses, the Sensex at the Bombay Stock Exchange gained 136 points, or 0.8 percent, to close above the 17,000 level after seven weeks, at 17,033, today, as Brent crude oil fell to an 18-month low, and after investment bank, JP Morgan upgraded the Indian market. The Ni...

Asian markets fall