Sensex down 11 points

The BSE benchmark Sensex, which fell by over 33 points in opening trade today, stood at 11 points in the negative territory at 15,960 when reports last came in. After closing 232 points higher in the previous session, the 30-share Sensex fell by 33 points in the first few minutes of trade today, as ...

Rupee fall continues<br/>

The Indian rupee fell by 8 paise to Rs. 52.79 per US dollar in early trade on the Interbank Foreign Exchange today, weighed down by a lower opening in the domestic equity market.The domestic currency had notched up a gain of 25 paise to close at Rs 52.71 against the dollar in the previous session on...

Sensex falls 33 points in early trade

Telecom Panel recommends uniform licence fee

The Telecom Commission has recommended a uniform licence fee of 8 per cent as against existing 6-10 per cent, depending upon type of service and circle. The universal licence fee will be implemented in two phases over a period of two years, Telecom Secretary R. Chandrasekhar said in New Delhi on Mon...

Cuba set for more market reforms

The Communist Cuba says it is expanding free market reforms giving more of the retail service sector to private business.On January 1, workers including carpenters, locksmiths, photographers, will be allowed to leave the state sector and become self-employed.The measures are the latest in President ...

Now, crisis group to fight global economic impact<br/>

The Finance Ministry has decided to set up a Crisis Management Group (CMG) to deal with the impact of the global problems on the domestic economy, especially on the financial sector. The decision to set up the CMG was taken at a meeting headed by Department of Economic Affairs Secretary R. Gopalan o...

Infrastructure growth bounce back to 6.8 pc in November

After touching five-year low of 0.3 per cent in October, growth in key infrastructure output bounced back in November to 6.8 per cent, brightening prospects for industrial production for the month. Riding on a stellar growth in cement, electricity and refinery products, the eight infrastructure sect...

Infra growth bounces back in November

After touching five-year low of 0.3 per cent in October, growth in key infrastructure output bounced back in November to 6.8 per cent, brightening prospects for industrial production for the month. Riding on a stellar growth in cement, electricity and refinery products, the eight infrastructure sect...

Sensex up by 232 points

The Bombay Stock exchange benchmark Sensex on Monday gained over 200 points on fresh buying by funds ahead of the settlement in this month&apos;s derivatives contracts.Sensex, which had lost 75 points in the previous session, moved up 232 points to 15,970 led by gains in IT, realty and metal sto...

Sensex gains over 200 pts in afternoon trade

Maintaining the upward trend, the Sensex at the Bombay Stock Exchange was trading over 200 points in the positive territory in afternoon trade, a short while ago.The 30-share Sensex, which rose by 90 points in opening trade, was trading 219 points at 15,958 when reports last came in.The rise was on ...