Rupee up by 3 paise against dollar<br/>

The Indian rupee rose marginally by 3 paise to Rs 51.67 per US dollar in early trade on the Interbank Foreign Exchange today on increased foreign capital inflows and euro gains against the American currency overseas. The rupee had surged by 81 paise to close at an over one-month high of Rs 51.70 per...

Sensex gains by 57pts in opening trade<br/>

The BSE Sensex rose by over 57 points in opening trade today, extending Tuesday&apos;s rally on sustained buying after Moody&apos;s upgraded its rating of the country&apos;s short-term foreign currency bank deposits to investment grade amid hopes of a rate cut by the RBI. In addition, a ...

Indirect tax collection up by over 16 % to <img src="rs.png" border="0" height="9px" /> 2.85 lakh cr in April-December

Indirect tax collections have increased by over 16 per cent to 2,85,787 crore rupees during April-December in the country. This is mainly driven by an uptick in service tax collection. Total collection of indirect tax in Customs, Central Excise and Service Tax was 2,46,168 crore rupees in the same p...

Rice procurement crosses 181 lakh tonnes mark <br/>

Massive rice procurement has been achieved in the current Kharif marketing season. This season it has crossed 181 lakh tonnes mark while it was around 154 lakh tonnes during the last season.According to the data released on Tuesday, Chhattisgarh procured over 26.19 lakh tonnes of rice followed by An...

Sensex rallies 350 points, closes above 16k-mark

The Sensex at the Bombay Stock Exchange rallied a solid 350 points, or 2.2 percent, to close above the 16,000 mark, at 16,165, on fresh buying by funds, amid hopes of rate cuts by the Reserve Bank, and rising global markets, on Tuesday. The Nifty at the National Stock Exchange gained 107 points, or ...

FDI inflows increase 56 per cent

Foreign direct investment (FDI) in the country has increased by 56 per cent to reach $2.53 billion in November last year. The improvement in FDI inflows in November comes after two months of declining trend.The country had received $1.62 billion overseas investment in November 2010. According to the...

Global agency Moody&apos;s today upgraded India&apos;s short-term foreign currency rating from speculative to investment grade.This will help domestic companies to raise funds from overseas markets at better rates.The latest upgrade comes less than a month after Moody&apos;s had upgraded...

Sensex up 279 pts at 16093

The Sensex at the Bombay Stock Exchange gained 152 points, or 1 per cent, to 15,966 in early trade, this morning, on buying by funds and retail investors, tracking firm Asian markets.Later, the Sensex picked up steam, and stood a solid 279 points or 1.8 percent in positive territory, to cross the 16...

Sensex up 260 pts to 16074

The BSE benchmark Sensex is trading 260 points up at 16,074. The 30-share index, which had lost 53 points in the previous two sessions, recovered by 151 points, or 0.96 per cent, to 15,966 in early trade today.The wide-based National Stock Exchange benchmark index Nifty which gained 42 points in ear...

Sensex crosses 16,000-mark, up 267 pts in late morning deals

The BSE benchmark Sensex is trading 267 points up at 16,084 a short wihle ago. The 30-share index, which had lost 53 points in the previous two sessions, recovered by 151 points, or 0.96 per cent, to 15,966 in early trade today.The wide-based National Stock Exchange benchmark index Nifty which gaine...