Business

February 9, 2012 10:26 AM

Rupee loses 19 paise against dollar in early trade

The rupee depreciated by 19 paise to 49.34 rupees per dollar in early trade on the Interbank Foreign Exchange market today. It had closed at 49.15 against the American currency yesterday.Dealers said besides dollar gains against other Asian currencies, a weak opening in the stock market amid foreign...

February 9, 2012 10:25 AM

Sensex down 78 pts in early morning trade

The Bombay Stock Exchange benchmark index Sensex lost over 78 points in early trade. The fall in Sensex is on fresh selling by funds amid a weakening trend on other Asian bourses. It was trading at 17632, down by 74 points a short while ago.The wide-based Nifty of the National Stock Exchange decline...

February 8, 2012 6:07 PM

Direct tax collection up by 14.57% in financial year 2011-2012

The gross direct tax collection in the country during April to January of the current fiscal, is up by 14.57 per cent at 4,25,274 crore rupees as against 3,71,188 crore rupees in the same period last fiscal. According to Finance Ministry data, while the gross collection of corporate taxes was up 11....

February 8, 2012 5:23 PM

Sensex gains 85 pts closes at 17,707

The Sensex at the Bombay Stock Exchange rose 85 points, or 0.5 percent, to 17,707, after choppy trade, on fresh buying by funds, amid firm global markets, today. The Nifty at the National Stock Exchange gained 33 points, or 0.6 percent, to 5,368.Stock markets in Japan, China, Hong Kong, Singapore an...

February 8, 2012 1:00 PM

Sensex gains 110 points short while ago

The Sensex which lost 85 points yesterday was trading 110 points up at 17,732 a short while ago. It gained nearly 60 points in early trade today.The wide-based Nifty of the National Stock Exchange moved up by 13 points in early trade and was trading 38 points up at 5, 373 a short while ago.

February 8, 2012 12:22 PM

Crude prices higher in Asian trade today

Crude prices were higher in Asian trade today as traders reacted to a forecast that global oil demand is set to grow and hopes of a Greek debt deal. New York's main contract, West Texas Intermediate light sweet crude for delivery in March, gained 43 cents to 98.84 dollars a barrel and Brent...

February 8, 2012 12:04 PM

Sensex gains 141 points in early trade

The BSE benchmark index Sensex recovered nearly 141 points in early trade today. The 30-share index, which had lost 84.86 points in the precious session, recovered by 141 points, or 0.34 per cent, to 17,764 in first five minutes of trading, with IT, realty and metal stocks leading the recovery.The w...

February 8, 2012 9:58 AM

Sensex gains 60 points in early trade

The BSE benchmark index Sensex recovered nearly 60 points in early trade today. The 30-share index, which had lost 84.86 points in the precious session, recovered by 59.93 points, or 0.34 per cent, to 17,682.38 in first five minutes of trading, with IT, realty and metal stocks leading the recovery.T...

February 7, 2012 10:00 PM

RBI asks banks to refund unclaimed deposits estimated over 1700 crore rupees

The Reserve Bank of India, RBI on Tuesday asked banks to locate and refund unclaimed deposits estimated at over 1700 crore rupees. In an instruction to banks, the RBI said that banks in public interest must play a more pro-active role by finding the whereabouts of the account holders of unclaimed de...

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