Oil price rises on Spain bank bailout

Car exports rise over 34 per cent

The country's passenger car exports jumped 34.2 per cent in May, to 45,036 units. According to figures released by Society of Indian Automobile Manufacturers, the current growth is mainly on account of new non-European markets.In May, Hyundai Motor India's exports grew 42.2 per cen...

Sensex ends down by 51 points on S&P warning<br/>

Sensex surges over 100 pts in noon trade

The Sensex at the Bombay Stock Exchange rose 164 points, or 1 per cent, to 16,883 in early trade, today, on sustained buying by funds and retail investors, amid a recovery in the rupee, and positive Asian markets. Later, in afternoon trade, the Sensex gave up some of its initial gains, but still sto...

Rupee up by 12 paise against dollar in late morning trade

The rupee appreciated by 12 paise to 55 rupees 30 paise against the American currency in late morning trade today.In early trade, the local currency resumed higher at 55 rupees 10 paise per dollar as against the last weekend&apos;s level of 55 rupees 42 paise.However, the rupee failed to maintai...

Sensex surges 135 pts in noon trade

The BSE benchmark Sensex, which rose by 164 points in early trade today, was trading 135 points in the positive territory at 16,854 in late morning deals, when reports last came in. Extending gains for the sixth day in a row, the 30-share index had opened 164 points in the green today, on increased ...

Rupee rises by 32 paise against dollar

The rupee rose by 32 paise to trade at 55.10 against the US dollar in early trade at the Interbank Foreign Exchange as the American currency weakened against euro overseas.The rupee had lost 48 paise to close at 55.42 against the Greenback in the last session.

Sensex surges over 164 pts in early trade

The BSE Sensex rose by over 164 points in early trade today on increased buying by funds and retail investors, supported by recovery in the rupee and a firming trend in Asian markets.Extending gains for the sixth day in a row, the 30-share index, added another 164 points, to 16,883.The National Stoc...

Euro-zone FMs willing to respond to bail out request from Spain

Euro-zone finance ministers have said that the Euro-group was willing to respond favourably to the tune of 100 billion euros that is 125 billion US dollar to a bailout request from Spain for its troubled banks. In a statement issued after a two-and-a-half hour conference, the 17 ministers said, the ...

RBI nods to much frequent NRI remittance

The Reserve bank of India (RBI) has permitted NRIs to send remittances more frequently. According to a latest RBI circular released on Friday, resident Indians are now allowed to receive as many as 30 remittances from NRI friends and relatives during a year as against 12 earlier.In the circular addr...