The Indian rupee recovered by 8 paise to Rs 50.67 per US dollar in late morning trade today on mild selling of dollars by banks and exporters. Dealers said, the rupee initially got off to a weak start in view of good demand for the American currency from banks and corporates on the back of a higher ...

Sensex trading in red by 29 pts

The BSE benchmark Sensex, which opened 47 points in the red today, stood at 29 points in the negative territory at 16,747 points, when reports last came in.After losing 793 points over the past five sessions, the 30-share Sensex, fell further by 47 points, or 0.28 per cent, to 16,729 in the first fe...

The Indian rupee recovered by 8 paise to Rs 50.67 per US dollar in late morning trade today on mild selling of dollars by banks and exporters.Dealers said, the rupee initially got off to a weak start in view of good demand for the American currency from banks and corporates on the back of a higher d...

Crude down in Asia on profit-taking

Crude prices fell in Asian trade today as buyers took profits after an overnight rally saw prices surge to five-month highs. New York's main contract, light sweet crude for December delivery, fell 41 cents to 102.18 per barrel dollar. Brent North Sea crude for delivery in January retreated ...

Rupee depreciates by 4 paise in early trade

The Indian rupee fell by 4 paise to Rs 50.78 per dollar in early trade today. At the Interbank Foreign Exchange, the domestic unit depreciated by 7 paise to close at Rs 50.75 against the US currency after dropping to a 32-month low of Rs 51.01 in yesterday's trade on persistent dollar deman...

Sensex opens losing 47 pts

The BSE benchmark Sensex lost nearly 47 points in opening trade today. The 30-share Sensex, which has lost 793 points over the past five sessions, fell further by 46.64 points, or 0.28 percent, to 16,729.23 in opening trade, with capital goods, auto and IT stocks leading the fall.In a similar fashio...

Railways freight revenue up 8.90 pc

The Railways have recorded a growth of 8.90 per cent in its revenue earnings from commodity-wise freight traffic. It stood at over 37,392 crore rupees during the April-October period of 2011, compared to about 34,337 crore rupees posted during the same period last year.An official release said that ...

Gold touches all time high of <img src="rs.png" border="0" height="9" /> 29,440

Gold gained 175 rupees, to hit a new all-time peak of 29,440 rupees per ten grams at Delhi&apos;s bullion market, on Wednesday, on seasonal demand, and a firm trend in the overseas market. Silver rose 400 rupees, to 57,900 rupees per kilo, on buying by stockists and industrial units.In New York,...

RBI monitoring rupee; will intervene when necessary: Pranab

As the rupee depreciated to a new 32-month low against the US dollar, Finance Minister Pranab Mukherjee on Wednesday said, the Reserve Bank of India, RBI, is closely monitoring the situation. He added that RBI will intervene in the foreign exchange market as and when necessary.Mr Mukherjee was talki...

Gold reaches new high of <img src="rs.png" border="0" height="9" /> 29,440 on seasonal demand

Gold gained 175 rupees, to hit a new all-time peak of 29,440 rupees per ten grams at Delhi&apos;s bullion market, on Wednesday, on seasonal demand, and a firm trend in the overseas market. Silver rose 400 rupees, to 57,900 rupees per kilo, on buying by stockists and industrial units.In New York,...