Business

February 3, 2012 10:38 AM

Oil prices fall below 98 dollars a barrel

Oil prices were below 98 dollars a barrel today in Asian markets amid mixed signs about the strength of US crude demand. Benchmark crude was down 1 cent at 97.60 dollars a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 87 cents to settle ...

February 3, 2012 10:38 AM

Rupee up by 6 paise against dollar

The rupee rose marginally by 6 paise to trade at a fresh three-month high of 49.09 rupees against dollar on the Interbank Foreign Exchange market in early trade today. Dealers said continued foreign capital inflows in the Indian market and weakening of dollar against the euro in the global markets, ...

February 3, 2012 8:40 AM

Govt to complete 5% stake sale in oil major ONGC

The Government has expressed hope that it will be able to complete 5 per cent stake sale in oil major ONGC in the current fiscal itself. Oil Minister Jaipal Reddy told this to reporters in New Delhi today after a meeting of empowered group of ministers (EGoM) on disinvestment. He said, the panel of ...

February 3, 2012 8:40 AM

Govt to complete 5% stake sale in oil major ONGC

The Government has expressed hope that it will be able to complete 5 per cent stake sale in oil major ONGC in the current fiscal itself. Oil Minister Jaipal Reddy told this to reporters in New Delhi today after a meeting of empowered group of ministers (EGoM) on disinvestment. He said, the panel of ...

February 2, 2012 9:21 PM

Rupee strengthens by 12 paise against dollar

The rupee strengthened 12 paise, to a three-month closing high of 49.15 against the dollar.It closed at 49.27 rupees per US dollar in the previous session yesterday. Dealers said increased foreign capital inflows and dollar's loss against the euro in the overseas markets provided support to...

February 2, 2012 5:28 PM

Sensex rises by 131 pts to17,432

Rising for the third straight session, the Sensex at the Bombay Stock Exchange rose 131 points, or 0.8 percent, to 17,432, today, on sustained buying by investors, as Asian markets posted good gains. The Sensex had climbed more than 430 points in the past two trading sessions. The Nifty at the Natio...

February 2, 2012 2:22 PM

Sensex stands in green in afternoon trade

The Sensex at the Bombay Stock Exchange surged 172 points, or 1 per cent, to 17,472 in early trade, on Thursday morning, on sustained buying by funds and retail investors, driven by some encouraging quarterly corporate earnings and positive Asian bourses.Later, the Sensex trimmed some of its initial...

February 2, 2012 12:16 PM

Sensex up 101 pts

The BSE benchmark index Sensex which gained 172 points in early trade today was trading 101 points up at 17,402 a short while ago. In a similar fashion, the wide-based National Stock Exchange index Nifty which moved up by 44 points in the opening session was trading 17 points up at 5252, a short whi...

February 2, 2012 12:13 PM

Sensex rises 172 pts in early trade

The Bombay Stocks exchange benchmark Sensex rose by nearly 172 points to 17,472 in early trade today. It was trading at 17,457, up by 156 points up a short while ago. The rise in Sensex is on the back of buying by funds and retail investors. It is also driven by encouraging quarterly earnings by cor...

February 2, 2012 10:10 AM

Oil prices fall below 98 dollars a barrel

Oil prices were below 98 dollars a barrel today in Asian markets amid mixed signs about the strength of US crude demand. Benchmark crude was down 1 cent at 97.60 dollars a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 87 cents to settle ...

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