Financial regulators, RBI to review economic crisis preparedness

Financial sector regulators, including the Reserve Bank, will review India's preparedness to deal with the looming global economic crisis and devise steps to mitigate its impact on the country at their meeting in New Delhi tomorrow. The meeting of the Financial Stability and Development Cou...

TRAI extends limit to 200 sms per day

Telecom Regulatory Authority of India, TRAI, has extended the 100 sms per day limit to 200 sms per day, per sim. Earlier, TRAI had restricted the number of commercial non-commercial sms that can be send from a sim, to 100. TRAI received representations from some of the service providers and consumer...

Sensex sheds 224 points in evening trade

Falling for the second straight session, the Sensex at the Bombay Stock Exchange dropped 224 points, or 1.3 per cent, to 17,481, on Tuesday, as global markets declined on fresh worries about the euro-zone debt crisis. The Nifty at the National Stock Exchange shed 69 points, or 1.3 per cent, to 5,258...

Oil prices down in Asian trade<br/>

World oil prices extended losses today amid market volatility after a US brokerage firm filed for bankruptcy and Greece called for a referendum on its latest bailout deal.New York&apos;s main contract, light sweet crude for delivery in December, was down 44 cents to 92.75 dollar in morning trade...

Sensex tumbles by 181 pts

Tracking weak global markets, the Sensex at the Bombay Stock Exchange fell 103 points, or 0.6 per cent, to 17,602 in opening trade, today, on continued selling by investors, amid fresh concerns about the euro-zone debt crisis.Afterwards the Sensex lost further ground, and stood 181 points, or 1 per ...

India&apos;s exports grew by over 36 per cent on an annual basis to 24.8 billion dollars in September, 2011, demonstrating impressive year-on-year expansion despite a slowdown in the US and Europe.Last year in September, the country&apos;s outbound shipments were valued at 18.2 billion dolla...

Sensex slumps by 136 pts

The Bombay Stock Exchange benchmark Sensex which fell 103 points in opening trade, was trading at 17,570.94, down 134 points in noon trade.similarly, the wide-based National Stock Exchange Nifty index declined by over 44 points to 5,281.Stocks of capital goods, metals, banking and auto companies rem...

Rupee depreciates by 25 paise

The Indian rupee fell by 25 paise to 48.94 rupees per US dollar in early trade on the Interbank Foreign Exchange on Tuesday. Dealers attributed the rupee&apos;s fall to dollar gains against the euro overseas on renewed worries about the euro zone debt crisis and a lower opening in the domestic s...

Sensex slumps by 103 pts in opening trade

The Bombay Stock Exchange benchmark Sensex fell by nearly 103 points in opening trade today. In a similar fashion, the wide-based National Stock Exchange Nifty index declined by over 33 points to 5,293.Stocks of capital goods, metals, banking and auto companies remained under selling pressure and we...

Government says, the production of sugar may increase to 25 million tonnes during the 2011-12 marketing season in the country. Food Minister K V Thomas said this while talking to reporters in New Delhi today. He said that this will also give a push to sugar export. He said that the initial productio...