Business

October 18, 2011 1:36 PM

Sensex loses further ground: quoted at 16,714 in noon trade

The Sensex at the Bombay Stock Exchange fell 221 points, or 1.3 per cent, to 16,804 in opening trade, this morning, dragged down by plunging IT stocks, and weakness on the other Asian bourses. Later, the Sensex lost further ground, and stood 311 points, or 1.8 percent in negative territory, at 16,71...

October 18, 2011 1:34 PM

Sensex loses further ground: quoted at 16,714 in noon trade

The Sensex at the Bombay Stock Exchange fell 221 points, or 1.3 per cent, to 16,804 in opening trade, this morning, dragged down by plunging IT stocks, and weakness on the other Asian bourses. Later, the Sensex lost further ground, and stood 311 points, or 1.8 percent in negative territory, at 16,71...

October 18, 2011 11:54 AM

China's economic expansion slowed during the third quarter of the year as government measures to control inflation hurt growth. China's economy grew by 9.1 per cent in the three months to the end of September from a year earlier, down from 9.5 per cent in the previous quarter. The ...

October 18, 2011 11:47 AM

Sensex down 293 points; trading at 16751

The BSE benchmark Sensex was trading down by 293 points at 16751 in late morning deals today. The 30-share Sensex, which lost 57 points in the previous session, had opened 221 points, down this morning.Meanwhile, the key benchmark indices in China, Hong Kong, Japan, Singapore, South Korea and Taiwan...

October 18, 2011 11:44 AM

Oil tumbles in Asia

Oil prices tumbled in Asian trade today. New York's main contract, light sweet crude for delivery in November, was down nine cents to 86.29 US dollar per barrel.

October 18, 2011 11:20 AM

China's rapid economic growth slowed slightly between July and September, due to slowdowns in Europe and the United States and inflation-fighting measures at home. The government's Statistics Bureau said the nation's economy grew at a 9.1 percent annual pace in the three m...

October 18, 2011 10:15 AM

Rupee down 19 paise vs. US$

The Indian rupee lost 19 paise to Rs 49.13 per US dollar in early trade. Dealers attributed the rupee's fall to dollar gains against the euro overseas and a lower opening in the stock market.The rupee had gained 7 paise to close at a two-week high of Rs 48.94 per US dollar in highly volatil...

October 18, 2011 9:50 AM

Sensex at 16,803.78 in opening trade,down 221 points

The BSE benchmark Sensex fell by over 221 points in opening trade today.The 30-share Sensex, which lost 57.60 points in the previous session, fell by 221.31 points, or 1.30 per cent, to 16,803.78 in opening trade.In a similar fashion, the wide-based National Stock Exchange Nifty index declined by 67...

October 17, 2011 9:00 PM

Rs 20K annual bonus for each Coal India worker

The Government has announced 20 thousand rupees annual bonus for each Coal India worker. With this announcement, the contentious issue related to the higher bonus for workers has been resolved. Earlier Coal India had offered 17 thousand rupees annual bonus for workers but it was not accepted. A deci...

October 17, 2011 8:17 PM

Rs 20 thousand annual bonus for each Coal India worker

The Government has announced 20 thousand rupees annual bonus for each Coal India worker. With this announcement, the contentious issue related to the higher bonus for workers has been resolved. Earlier Coal India had offered 17 thousand rupees annual bonus for workers but it was not accepted. A deci...

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