Business

February 16, 2012 2:16 PM

Sensex slips over 100 pts in noon trade

The Sensex at the Bombay Stock Exchange declined 59 points, or 0.3 per cent, to 18,143 in opening trade, this morning, as funds and retail investors booked profits after recent gains, amid weak global bourses.Later, after losing almost 160 points at one stage, the Sensex trimmed its losses slightly,...

February 16, 2012 12:13 PM

Sensex down 126 pts at 18,075

The BSE Sensex declined by 59 points in opening trade was trading down over by 126 to 18, 075 a short while ago.In a similar fashion, the wide-based National Stock Exchange index Nifty was trading 37 points to 5,494.In the Asian region, Hong Kong's Hang Seng index fell by 0.74 per cent, whi...

February 16, 2012 10:03 AM

Sensex down 59 points in early trade

The BSE benchmark Sensex declined by 59 points in early trade today, as funds and retail investors booked profits after recent gains, amid weakening trend on other Asian bourses.The 30-share index, which had gained nearly 454 points in the previous three sessions, declined by 59 points to 18,143 in ...

February 15, 2012 5:39 PM

Sensex shoots up by 354 points

The Sensex at the Bombay Stock Exchange surged 354 points, or 2 percent, to close above the 18,000 level after more than six months, at 18,202 on Wednesday.The Sensex rose on sustained buying by funds, on hopes that easing inflation will lead to lower interest rates, and amid rising Asian and Europe...

February 15, 2012 1:49 PM

Sensex on a roll, up 316 pts at 18,164

Maintaining the upward trend, the Sensex at the Bombay Stock Exchange was trading 316 points in the positive territory at 18,164 in afternoon trade, when reports last came in.After gaining almost 100 points in last two trading sessions, the 30-share index shot up by 209 points in opening trade today...

February 15, 2012 1:22 PM

RBI allows non-banking entities to set up ATMs

In a move to accelerate the growth and penetrations of ATMs across the country, the Reserve Bank of India, RBI has issued draft guidelines for permitting non-banking entities to set up, own and operate such money dispensing machines.Non-bank entities proposing to set up such service will have a mini...

February 15, 2012 1:15 PM

Air India's monopoly over exclusive rights on bilateral traffic ends

State owned National carrier Air India would no longer enjoy exclusive privilege over all bilateral air traffic rights as the government allowed all Indian carriers to use these rights.The Civil Aviation Ministry has decided to allow all scheduled Indian carriers, including Air India, to utilise all...

February 15, 2012 1:06 PM

Pak defers decision on switching to a negative list for trade with India

The Pakistan cabinet deferred a key decision on switching to a negative list regime for trade with India after reservations from sections of the government and domestic industry.Information Minister Firdous Ashiq Awan told a news conference that the decision on the Commerce Ministry's propo...

February 15, 2012 1:03 PM

Sensex on a roll, up 316 pts at 18,164

Maintaining the upward trend, the Sensex at the Bombay Stock Exchange was trading 316 points in the positive territory at 18,164 in afternoon trade, when reports last came in.After gaining almost 100 points in last two trading sessions, the 30-share index shot up by 209 points in opening trade today...

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