Reliance Industries: Profit for March 2012 quarter falls 21.2 %

Energy conglomerate, Reliance Industries on Friday said that its net profit for the March 2012 quarter fell 21.2 per cent, to 4,236 crore rupees, hurt by weak refining margins and declining gas output from its offshore fields. This is the lowest quarterly profit in more than two years. The company r...

Asian markets end mixed

Gold surges 0.1 % to 1,643 dollars an ounce<br/><br/>

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...

Sensex down by 130 points<br/>

Snapping four days of gains, the Sensex at the Bombay Stock Exchange lost 130 points, or 0.7 percent, to 17,374, on profit-booking by investors, amid subdued global markets, today. The Nifty dropped 42 points, or 0.8 percent, to 5,291.Stock markets in Japan, China, Hong Kong, South Korea and Singapo...

Major powers ready to pledge money to bolster IMF resources<br/>

Major emerging powers today stood ready to pledge money to bolster the International Monetary Fund&apos;s crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase. Russia said that G20 advanced and emerging countries were r...

Sensex down by 40 points

The Sensex at the Bombay Stock Exchange fell 20 points, or 0.1 percent, to 17,484 in morning trade, today, on mild profit- booking by investors, amid weak global bourses. Later, the Sensex remained slightly weak, and stood 40 points, or 0.2 percent in negative territory, at 17,464 in afternoon trade...

Ailing aviation industry can raise funds through ECBs: Fin Min

In a move to help the ailing aviation sector of its immediate financing concerns, the Government has allowed aviation sector to raise one billion dollars to manage its working capital through External Commercial Borrowing, ECB route.However, the limit for individual companies has been fixed at 300 m...

Sensex down by 130 points

Snapping four days of gains, the Sensex at the Bombay Stock Exchange lost 130 points, or 0.7 percent, to 17,374, on profit-booking by investors, amid subdued global markets, today. The Sensex had gained over 400 points in the previous four trading sessions. The Nifty at the National Stock Exchange d...

Sensex down by 130 points

Snapping four days of gains, the Sensex at the Bombay Stock Exchange lost 130 points, or 0.7 percent, to 17,374, on profit-booking by investors, today. The Nifty at the National Stock Exchange dropped 42 points, or 0.8 percent, to 5,291

Common approach must at UN & OECD by BRICS to protect tax base:Pranab