Business

March 21, 2012 2:56 PM

Sensex stands 210 pts in positive territory

The sensex at the Bombay Stock Exchange rose 46 points or 0.3 percent to 17, 463 in early trade this morning, on selective buying by funds. Later the Sensex gained considerably more ground and stood 210 points, or 1.2 per cent in positive territory, at 17526 in afternoon deals, a short while ago.But...

March 21, 2012 2:10 PM

Oil prices climb in Asia

Oil prices have climbed as concerns about supply overshadowed Saudi Arabia's pledge yesterday to boost its output by a quarter if needed. Saudi Arabia's comments prompted a 2% drop in oil prices yesterday. However, in morning trading today, Brent crude was up 31 cents at 124.43 dol...

March 21, 2012 12:34 PM

Rupee drops 2 week low at 50.70 against dollar

The rupee dropped to two-week low by slipping 31 paise to 50 rupees 70 paise against the dollar in the late morning trade on sustained demand for the American currency from banks and importers.A forex dealer said persistent dollar demand from banks and importers in view of strong dollar in the inter...

March 21, 2012 12:06 PM

Sensex rises nearly 46 pts

The BSE benchmark index Sensex which rose nearly 46 points in early trade lost its initial gain and was trading 25 points up at 17340 a short while ago.The wide-based National Stock Exchange Nifty index moved up by 9.20 points, or 0.17 per cent, to 5,284.05.

March 21, 2012 10:07 AM

Sensex gains nearly 46 pts

The BSE benchmark index Sensex today gained nearly 46 points in early trade The 30-share index, which had gained 42.81 points on Tuesday, rose further by 45.89 points, or 0.26 per cent to 17,362.07.The wide-based National Stock Exchange Nifty index moved up by 9.20 points, or 0.17 per cent, to 5,284...

March 21, 2012 9:31 AM

World Banks:Illegal logging generates between $ 10 & 15 bln a yr

A new report from the World Bank says, illegal logging generates between 10 and 15 billion dollars globally each year. It says, part of the money goes to organised criminal gangs and to bribe corrupt officials in regions including south-east Asia, west Africa and South Amereica. The illegal logging ...

March 20, 2012 9:14 PM

Sensex up 43 pts

Snapping three days of losses, the Sensex at the Bombay Stock Exchange rose a modest 43 points, or 0.3 percent, to 17,316, after volatile trade, today, as investors picked up blue-chips at lower levels. The Sensex had lost over 645 points in the last three trading sessions. The Nifty at the National...

March 20, 2012 9:08 PM

Govt receives $10 bn from European neighbors, IMF

Greek officials today said, the government received 10 billion dollar from its European neighbors and the International Monetary Fund, easing its financial plight a bit. The payment kept Greece from defaulting, with most of the money going to repay bonds held by the central banks in the 17-nation eu...

March 20, 2012 7:23 PM

SBI did not provide lifeline to Kingfisher

The government today said that State Bank of India (SBI) has not extended any life-line to the cash-strapped Kingfisher Airlines this fiscal. In a written reply to the Rajya Sabha, Minister of State for Finance, Namo Narain Meena said that SBI, the leader of the consortium of lender banks, has infor...

March 20, 2012 5:00 PM

Sensex rises modest 43 pts

Snapping three days of losses, the Sensex at the Bombay Stock Exchange rose a modest 43 points, or 0.3 percent, to 17,316, after volatile trade, today, as investors picked up blue-chips at lower levels. The Sensex had lost over 645 points in the last three trading sessions. The Nifty at the National...

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