Sensex trading down by 182 pts in afternoon trade

The Sensex at the Bombay Stock Exchange, which tumbled by 191 points in opening trade today, stood at 182 points in the negative territory at 16,190. The 30-share index had lost 1,198 points over the past seven sessions.In a similar fashion, the wide-based National Stock Exchange Nifty index was tra...

Rupee depreciates by 44 paise against USD

The Indian rupee depreciated by 44 paise to 51 Rupees 78 paise against the US dollar in early trade today.The fall was due to the pull-out of foreign capital from the equity market, amid persistent dollar demand from banks and importers, despite weakness of the American currency overseas.In the prev...

Sensex trading in red by 227 pts

The Sensex at the Bombay Stock Exchange, which tumbled by 191 points in opening trade today, stood 227 points in the negative territory at 16,144. The 30-share index had lost 1,198 points over the past seven sessions.In a similar fashion, the wide-based National Stock Exchange Nifty index was tradin...

Rupee depreciates by 16 paise against USD

The Indian rupee fell by 16 paise to a 32-month low of Rs 51.50 per US dollar in early trade on sustained demand for the American currency from banks and importers.The domestic currency had tumbled by 44 paise to Rs 51.35 per dollar in the previous session.

Sensex sheds 191 pts in opening trade, extends losses

The BSE benchmark Sensex tumbled by 191 points in opening trade today. The 30-share index, which has lost 1,198 points over the past seven sessions, fell further by 191 points, or 1.16 per cent, to 16,180 in the first five minutes of trade today.In a similar fashion, the wide-based National Stock Ex...

Pranab calls for real time policy responses to deal with impact of emerging global economic crisis

Warning that India could face prolonged repercussions of the global economic crisis, Finance Minister Pranab Mukherjee said in Kolkata that the country will have to remain alert to deal with the situation through real-time policy responses. In order to deal with the impact of emerging global situati...

Centre to set up separate directorate of small tea growers soon

Global economic crisis: India needs to remain alert, says FM

Warning that India could face prolonged repercussions of the global economic crisis, Finance Minister Pranab Mukherjee said in Kolkata that the country will have to remain alert to deal with the situation through real-time policy responses. In order to deal with the impact of emerging global situati...

Chinese company wins rights for oil extraction in Afghanistan

A Chinese company has won the rights to extract oil in the Amu Darya river basin in northern Afghanistan. The Afghan Ministry of Mines has said that the details of the project have been worked out and a proposal sent to the council of ministers for approval. Afghan government will get 15 per cent of...

RBI keeping an eye on rupee: Pranab

Finance Minister Pranab Mukherjee has said the RBI is monitoring the situation and will act at the appropriate time to check the fall of rupee in the international market.The rupee slumped to 51.30 against the US dollar on Friday, the lowest in 32 months, due to increased demand for greenback from i...