Business

April 23, 2012 5:09 PM

Sensex down by 277 points

Falling for the second straight day, the Sensex at the Bombay Stock Exchange dropped 277 points, or 1.6 percent, to 17,097, on heavy selling by funds, amid falling global markets, on Monday. The Nifty at the National Stock Exchange lost 90 points, or 1.7 percent, to 5,201.And stock markets in Japan,...

April 23, 2012 11:54 AM

Sensex falls 14 points in noon trade

Erasing initial gains, the Sensex at the Bombay Stock Exchange was trading 14 points in the negative territory at 17,359 in late morning deals, when reports last came in. The 30-share barometer had risen by 37 points, or 0.21 per cent, to 17,411 in opening trade today on selective buying by funds an...

April 23, 2012 9:56 AM

Sensex up by nearly 37 points in early trade

Sensex recovered by nearly 37 points in early trade today on selective buying by funds and retailers. The 30-share barometer, which had lost nearly 130 points in the previous session, rose by 36.99 points, or 0.21 per cent, to 17,410.83.The wide-based National Stock Exchange index Nifty also moved u...

April 23, 2012 9:55 AM

Rupee down by 3 paise against dollar

The rupee marginally down by 3 paise to 52 rupees 10 paise per dollar on the Interbank Foreign Exchange in early trade today on increased demand from importers for the American currency.

April 22, 2012 8:50 PM

Key reform legislations will be passed: Pranab

Finance Minister Pranab Mukherjee has expressed confidence that key reform legislations will be passed. Dismissing the perception of policy paralysis in UPA-2, Mr. Mukherjee told PTI in Washington that compulsions of coalition politics were forcing the government to evolve consensus on major issues....

April 22, 2012 8:48 PM

Key reform legislations will be passed: Pranab

Finance Minister Pranab Mukherjee has expressed confidence that key reform legislations will be passed. Dismissing the perception of policy paralysis in UPA-2, Mr. Mukherjee told PTI in Washington that compulsions of coalition politics were forcing the government to evolve consensus on major issues....

April 21, 2012 1:29 PM

G-20 pledges more than $430 billion for IMF

Leading economies from the G-20 Group have pledged more than 430 billion dollars to International Monetary Fund's Emergency Fund. The move effectively doubles its lending capacity for shoring up Euro. At a G-20 Finance Ministers' Meeting in Washington, Russia, China and India also ...

April 21, 2012 1:15 PM

Gold surges 0.1 % to 1,643 dollars an ounce

In the international markets, gold rose 0.1 percent, to 1,643 dollars an ounce, today, as a better-than-expected German business sentiment survey lifted the euro versus the dollar. Prices are set to fall 1 percent this week, despite holding within their narrowest weekly range in more than a year. Bu...

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