Petrol prices slashed by 78 paise per litre; second reduction in two weeks

The price of Petrol has been slashed by 78 paise, a litre in Delhi. Petrol in Delhi now costs 65.64 rupees per litre against 66.42.This came in to force from midnight last night. Petrol now costs 82 paise less in Kolkata and Mumbai and 83 paise less in Chennai.This is the second reduction in two wee...

Rupee up by 48 paise against USD

The Indian rupee gained 48 paise to 51 rupees 72 paise per US dollar in early trade today. The rupee resumed higher at 51 rupees 84 paise per dollar on the Interbank Foreign Exchange, as against its previous close of 52 rupees 21 paise per dollar, and moved up further to 51 rupees 72 paise per dolla...

Sensex gains 429 pts in noon trade

The BSE Sensex that shot up by more than 590 points in opening trade today was trading up by 429 points at 16,553 in noon deals. The NSE Nifty was trading up by 128 points at 4960. It had risen 172 points up in early trade.

Sensex up by 429 pts

The BSE Sensex that shot up by more than 590 points in opening trade today was trading up by 429 points at 16,553 in noon deals. The NSE Nifty was trading up by 128 points at 4960. It had risen 172 points up in early trade.

Rupee up by 48 paise against USD

The Indian rupee gained 48 paise to 51 rupees 72 paise per US dollar in early trade today. The rupee resumed higher at 51 rupees 84 paise per dollar on the Interbank Foreign Exchange, as against its previous close of 52 rupees 21 paise per dollar, and moved up further to 51 rupees 72 paise per dolla...

Sensex opens up by 590 pts

The BSE Sensex shot up by more than 590 points in opening trade today, while the NSE Nifty regained the 5,000 points level on the back of a firming trend in global markets after coordinated action by central banks to pump liquidity into the financial system.The 30-share BSE Sensex index, which had g...

Rupee falls by 18 paise to close at 52.20 against US dollar

The rupee declined by 18 paise to close at 52.20 against the US dollar on Wednesday. This follows sustained demand from importers for the US currency amid signs of continued capital outflows.

S&P downgrades 15 large banks globally

In a major blow to the already struggling world banking sector, rating agency major Standard and Poor - S&P - has downgraded as many as 15 large banks globally.These include some big American names like Bank of America, Citigroup and Goldman Sachs.It has also cut ratings for US-based banking...

Indo-Pak trade bodies to sign pact for boosting trade, economic ties

Trade bodies of India and Pakistan have decided to sign a pact for boosting trade and economic relations. This comes in the backdrop of Islamabad has agreeing in principle to grant most favoured nation - MFN status to New Delhi to normalise trade ties. Federation of Indian Export Organisation on Wed...

India's economic growth has dipped to 6.9 per cent in second quarter in comparison to 7.3 per cent in the first quarter in the current fiscal. According to the latest data released by the government today, India's GDP grew by just 6.9 per cent in the second quarter this fiscal in c...