With Budget ahead, Pranab meets industry bigwigs

Finance Minister Pranab Mukherjee today met top economic regulators, including RBI Governor D Subbarao, SEBI Chairman UK Sinha and IRDA Chairman J Hari Narayan, in New Delhi to discuss the roadmap ahead for the financial sector.All the regulators, who are members of the Financial Stability Developme...

Belgium-based agency set to move sanctions against Iran

Centre moves SC seeking review of verdict in Vodaphone issue

Centre has moved the Supreme Court seeking review of its verdict on the Income Tax issue of Vodophone . The court had earlier held that the Indian Income Tax Department does not have jurisdiction to levy 11,000 crore as tax on the overseas deal between Vodafone International Holdings and Hutchison G...

Sensex gains 135 pts, closes at 18,289

The Sensex at the Bombay Stock Exchange gained 135 points, or 0.8 percent, to 18,289 today, on renewed buying by funds, in line with rising global markets. The Nifty at the National Stock Exchange rose 42 points, or 0.8 percent, to 5,564. Stock markets in Japan, Hong Kong, Singapore and South Korea ...

Sensex gains 207 points in early trade

The Sensex at the Bombay Stock Exchange jumped 192 points, or 1.1 per cent, to 18,346 in opening trade, this morning, on renewed buying by funds and retail investors, triggered by firm Asian markets. Later, after gaining almost 270 points at one stage, the Sensex eased somewhat, but still stood a go...

Oil prices higher in Asian trade today

Oil prices edged higher in Asian trade today on continued tension between Western powers and crude producer Iran, as well as positive economic data from the United States, analysts said.New York's main contract, West Texas Intermediate light sweet crude for March delivery, rose 12 cents to ...

Rupee gains 3 paise at 49.26 rupees

The rupee gained 3 paise at 49.26 rupees against dollar on the Interbank Foreign Exchange today on increased foreign capital inflows. The rupee had ended 7 paise higher at 49 rupees and 29 paise against dollar on Wednesday amid sustained capital inflows.

Sensex gains 192 points in early trade

The BSE Sensex shot up by over 192 points in early trade today. The 30-share index, which has lost 48 points yesterday, spurted by 192 points to 18,346 points with banking, metals, oil and gas and realty stocks leading the rally.The wide-based National Stock Exchange index Nifty moved up by 53.65 po...

India to continue importing crude oil from Iran

India today clarified that it will continue to import crude oil from Iran irrespective of hostilities between Washington and Teheran.A senior official of Oil Ministry said that New Delhi is watching the emerging situation.AIR correspondent reports, Iran, the second largest supplier of oil to India, ...

Sensex slips 48 points on profit-booking

The Sensex at the Bombay Stock Exchange dropped 48 points, or 0.3 percent, to 18,154, on profit-booking by investors, amid falling global markets on Thursday.The Sensex had gained more than 450 points in the previous three trading sessions.The Nifty at the National Stock Exchange declined 10 points,...