Rupee surges 11 paise against dollar

The rupee today appreciated by 11 paise to 55.53 against the US dollar in early trade, amid selling of the American currency by exporters.Dealers said besides higher opening in local equities and selling of dollars by exporters, euro's gains against the American currency mainly supported th...

Oil higher in Asian trade

Oil was higher in Asian trade today. New York's main contract, West Texas Intermediate crude for delivery in July, was up 49 cents to 84.78 dollars per barrel while Brent North Sea crude for July gained 42 cents to 99.26 dollars in morning.

Sensex surges over 169 pts in early trade

The BSE benchmark Sensex surged over 169 points in early trade today . The 30-share barometer, which has gained over 55 points in the previous two sessions, rose by 169.46 points, or 1.06 per cent, to 16,190.10.All sectoral indices, led by banking and auto, were trading in positive zone with gains o...

Centre announces package to achieve 20% growth in exports

The Centre today announced a series of measures, including extension of 2 per cent interest subsidy by one year, as part of a 7-point strategy to achieve 20 per cent increase in exports. It has set a target of 360 billion US Dollars in the current fiscal.Unveiling the annual supplement to the five-y...

Centre announces series of measures to achieve 20% increase in exports

The Centre today announced a series of measures, including extension of 2 per cent interest subsidy by one year, as part of a 7-point strategy to achieve 20 per cent increase in exports. It has set a target of 360 billion US Dollars in the current fiscal.Unveiling the annual supplement to the five-y...

Crude oil futures drops<br/>

Gold loses 100 rupees due to sluggish demand<br/>

Gold lost 100 rupees, to 30,200 rupees per ten grams at Delhi&apos;s bullion market, today, due to slackened demand at prevailing higher levels, amid a weak global trend. Silver dropped 50 rupees, to 54,300 rupees per kilo. In Singapore, gold slid 0.4 per cent, to 1,613 dollars an ounce, as the ...

Sensex surges 32 pts to close at 16,021

Rising for the second straight session, the Sensex at the Bombay Stock Exchange gained a modest 32 points, or 0.2 percent, to again close above the 16,000 level, at 16,021, today, on hopes of a rate cut by the Reserve Bank, and amid firm regional bourses. The Nifty at the National Stock Exchange ros...

Rupee appreciates 27p to 55.38 against dollar<br/>

The rupee gained 27 paise at 55.38 rupees against the dollar in the opening session following selling of dollars by exporters. The rupee had declined 11 paise to 55.65 rupees against the dollar.

Sensex gains over 70pts in noon trade

The Sensex at the Bombay Stock Exchange rose 99 points to again cross the 16,000-mark, at 16,087 in early trade, today, on fresh buying by funds and retail investors. The Sensex rose on hopes of a rate cut by the Reserve Bank, the rupee&apos;s recovery in the forex market, and amid firm Asian bo...