Sensex declines 190 pts<br/>

The Sensex at the Bombay Stock Exchange declined 190 points, or 1.1 percent, to 17,173, today, after volatile trade, on profit-booking by investors as the assembly election results came in, and as global markets also lost ground. The Nifty at the National Stock Exchange fell 58 points, or 1.1 percen...

Oil prices edge higher in Asian trade

Oil prices edged higher in Asian trade today as geopolitical tensions over crude producer Iran&apos;s nuclear programme outweighed weak economic data from Europe and China. New York&apos;s main contract, light sweet crude for delivery in April, gained 18 cents to 106.90 dollars per barrel an...

Sensex down at 17,278 in volatile noon trade

The Sensex at the Bombay Stock Exchange stood 85 points, or 0.5 percent in negative territory, at 17,278 in very volatile afternoon trade, a short while ago, as investors tracked election results in five states. Earlier in the morning, the Sensex had lost 174 points, or 1 per cent, to 17,189 in open...

BIS proposes mandatory hallmarking of gold & silver

The Bureau of Indian Standards -BIS has proposed mandatory hallmarking of gold and silver jewellery to ensure quality of the ornaments for common consumers. According to an official release, the agency has so far issued 9156 licences for gold jewellery and 537 for silver jewellery till January 2012....

Gold sizzles

Rising for the third straight day, gold gained 75 rupees, to 28,340 rupees per ten gram at Delhi&apos;s bullion market, on Monday. But silver held steady at 58,500 rupees per kilo.

Sensex plunges 274 points

The Sensex at the Bombay Stock Exchange declined 274 points, or 1.6 percent, to 17,363, on profit-booking ahead of state assembly election results, and amid weak Asian and European markets, on Monday. The Nifty at the National Stock Exchange fell 79 points, or 1.5 percent, to 5,280. Stock markets in...

RBI hints at cut in CRR to ease severe liquidity in system

The Reserve Bank of India has hinted at another reduction in the cash reserve ratio of banks to ease the severe liquidity in the system.RBI deputy governor Subir Gokarn said this while speaking to reporters on the sidelines of a function in Mumbai yesterday. Mr Gokarn did not indicate any timeline f...

India launches infrastructure debt fund

DoT starts process for auctioning spectrum in 700 Mhz band

An Empowered Group of Ministers (EGoM) today decided to allocate 700 Mhz spectrum for offering fourth-generation or 4G telecom services. Telecom Minister Kapil Sibal told reporters in New Delhi after the meeting that this particular band is considered to be very efficient and could fetch the governm...

Sensex plunges 274 points

The Sensex at the Bombay Stock Exchange declined 274 points, or 1.6 percent, to 17,363, on profit-booking ahead of state assembly election results, and amid weak Asian and European markets, today. The Nifty at the National Stock Exchange fell 79 points, or 1.5 percent, to 5,280. Stock markets in Jap...