Business

May 24, 2012 5:46 PM

Aus High Commissioner discusses bilateral issues with Beni

Australian High Commissioner to India Peter Varghese called on Minister for Steel Beni Prasad Verma in New Delhi on Thursday and discussed bilateral issues related to steel business. During the meeting, specific issues related to Steel Authority of India Limited, SAIL, and National Mineral Developme...

May 24, 2012 5:28 PM

Aus High Commissioner discusses bilateral issues involving steel

Australian High Commissioner to India Peter Varghese called on Minister for Steel Beni Prasad Verma in New Delhi on Thursday and discussed bilateral issues related to steel business. During the meeting, specific issues related to Steel Authority of India Limited, SAIL, and National Mineral Developme...

May 24, 2012 5:22 PM

Sensex jumps 274 points on mild rupee gain

The Sensex at the Bombay Stock Exchange jumped 274 points, or 1.7 percent, to again close above the 16,000 level, at 16,222, as the rupee recovered some strength, and as the European markets firmed up on Thursday. The Nifty at the National Stock Exchange rose 86 points, or 1.8 percent, to 4,921.Stoc...

May 24, 2012 4:54 PM

Sensex gains 274 points; Settles at 16,222.30

The BSE benchmark Sensex on Thursday regained the psychological 16,000-point level and closed higher by 274 points, its biggest single-session gain since March 30. The 30-share barometer, after losing 235 points in the past two trading sessions, bounced back to regain 16,000-point level to close at ...

May 24, 2012 1:52 PM

Sensex gains over 100 points in noon trade

The Sensex at the Bombay Stock Exchange gained 84 points to 16,032 in early trade, today, with shares of oil marketing companies leading the recovery, amid buying by funds and retail investors at prevailing lower levels. Afterwards, the Sensex advanced further, and at one stage had gained over 200 p...

May 24, 2012 11:51 AM

Sensex surges 140 pts in noon trade

The BSE benchmark Sensex moved 140 points up in late morning trade amid buying by funds and retail investors at prevailing levels. The rise comes following continous slide of rupee against the dollar for the seventh day in a row. The 30- share barometer, which rose 84 points in its opening session, ...

May 24, 2012 11:49 AM

Rupee hits new record low of 56.38 against dollar

The rupee today hits new record low of 56.38 rupees in late morning trade, continuing its slide against the dollar for the seventh day in a row. In its opening session today, the rupee resumed lower at 56.20 rupees per dollar against the yesterday's closing level of 56 rupees and dropped fu...

May 24, 2012 11:05 AM

Crude oil gains more than 1 dollars per barrel

Brent crude oil gained more than one dollars per barrel today, as traders covered short positions after recent falls on worries over the health of the euro zone and signs of progress in talks with Iran on its nuclear programme. Brent crude futures for July rose 1.10 dollars to 106.66 dollars a barre...

May 24, 2012 10:28 AM

Rupee falls to 56.21 against dollar

The rupee depreciated by 21 paise to 56.21 rupees against the dollar in early trade, following strong demand for the American currency from importers amid concerns over deepening eurozone crisis. In its previous session, the rupee had lost 61 paise to close at 56 rupees after touching a new record l...

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