Business

October 28, 2011 8:40 PM

RBI to set up working group on loan pricing

The Reserve Bank of India, RBI has decided to set up a working group to look into the whole gamut of pricing of loans. The working group will make its recommendations on the principles governing proper, transparent and non discriminatory pricing of credit.The panel is also expected to look into diff...

October 28, 2011 8:39 PM

Sensex zooms 516 pts to three-month high of 17,850

Rising in tandem with global markets, the Sensex at the Bombay Stock Exchange zoomed 516 points--its biggest single-day gain in two months--to close at a three-month high of 17,805, today, on heavy buying in blue-chips, as the euro-zone debt crisis eased. The Nifty at the National Stock Exchange jum...

October 28, 2011 7:40 PM

India invites investments from Qatar in petrochemical projects

India on Friday invited investments from Qatar in the upcoming petrochemical projects of the oil sector PSUs. Speaking at meeting in New Delhi on Friday with Minister for Industry and Energy of Qatar Dr. Mohammed bin Saleh Al-Sada, petroleum minitser S Jaipal Reddy emphasized that such investments w...

October 28, 2011 6:45 PM

Sensex up by 516 points

Rising in tandem with global markets, the Sensex at the Bombay Stock Exchange zoomed 516 points--its biggest single-day gain in two months--to close at a three-month high of 17,805, today, on heavy buying in blue-chips, as the euro-zone debt crisis eased. The Nifty at the National Stock Exchange jum...

October 28, 2011 4:46 PM

FDI rises by 50% at nearly $20 bn during Jan-Aug

Despite the uncertain economic environment globally, Foreign Direct Investment, FDI, in the country rose by 50 per cent to 20.76 billion US dollars from January-August this year. FDI was 13.85 billion US dollars during the same period last year. The industry ministry's latest data showed se...

October 28, 2011 4:40 PM

Sensex up by 516 points

Lifted by rising global markets, the Sensex at the Bombay Stock Exchange surged 516 points, or 3 percent, to 17,805, on Friday. The Nifty at the National Stock Exchange jumped 159 points, or 3.1 percent, to 5,361.

October 28, 2011 2:17 PM

Sensex trading in green by 457 pts

Lifting by rising global markets, the Sensex at the Bombay Stock Exchange zoomed 619 points, or 3.6 per cent, to 17,908 within the first five minutes of trade, this morning, on heavy buying by foreign funds, as the Euro-zone debt crisis eased.Later, after paring some of its initial gains, the Sensex...

October 28, 2011 1:09 PM

Rupee strengthens by 75 paise

Moving in line with the equity markets, the rupee rallied 75 paise to 48.75 against the American currency in the early trade on sustained selling of dollars by banks and exporters amid its weakness against other overseas currencies.The domestic currency hovered in a range of 48.75 per dollar and 48....

October 28, 2011 1:09 PM

Sensex trading up by 424 pts

The Sensex at the Bombay Stock Exchange that shot up 619 points in opening trade stood over 424 points up at 17713, a short while ago. The surge in the markets were driven by brisk buying by foreign funds, triggered by easing euro-zone debt crisis and indications by the RBI, that it may pause rate h...

October 28, 2011 10:29 AM

Sensex surges over 600 pts in opening trade

The BSE benchmark Sensex shot up by over 619 points in the opening trade today on brisk buying by foreign funds, triggered by easing Euro-zone debt crisis and indications by the RBI that it may pause rate hikes. The 30-share index, which had gained over 500 points in the last three sessions, skyrock...

Most Read

View All arrow-right

No posts found.