ADB declares $ 200 million loan to Assam for urban development

The Asian Development Bank, ADB has announced a 200 million Dollar loan to improve water supply and other urban services in Guwahati and Dibrugarh, Assam. According to an official release, the ADB board of directors has approved the multi-trance financing facility for the Assam Urban Infrastructure ...

Sensex falls by 287 pts, closing at 15,865

Extending its losses for the third straight session, the Sensex at the Bombay Stock Exchange fell 287 points, or 1.8 percent, to close below the key 16,000 level, at 15,865, today. The market fell on sustained selling by investors, amid continued weakness in global stock markets, and as Moody&ap...

Sensex below 16000 level; quoted at 15,820 in noon trade

The Sensex at the Bombay Stock Exchange fell 66 points, or 0.4 per cent, to 16,086 in in opening trade, this morning, on continued selling by investors, and in line with a weak trend on the other Asian bourses. Afterwards, selling presure intensified, and the Sensex lost considerably more ground, to...

Sensex below 16000 level ;quoted at 15,820 in noon trade

The Sensex at the Bombay Stock Exchange fell 66 points, or 0.4 per cent, to 16,086 in in opening trade, this morning, on continued selling by investors, and in line with a weak trend on the other Asian bourses. Afterwards, selling presure intensified, and the Sensex lost considerably more ground, to...

US Senate votes to advance Bill to stop China undervalue Yuan

The United States Senate yesterday voted to advance a Bill pressuring China to stop undervaluing its currency. The Senate voted 79-19 yesterday in favour of a final vote on the proposed Currency Exchange Rate Oversight Reform Act of 2011.Senator Sherrod Brown, the lead sponsor of the Bill said, they...

US Senate votes to advance Bill to stop China undervalue Yuan

The United States Senate yesterday voted to advance a Bill pressuring China to stop undervaluing its currency. The Senate voted 79-19 yesterday in favour of a final vote on the proposed Currency Exchange Rate Oversight Reform Act of 2011.Senator Sherrod Brown, the lead sponsor of the Bill said, they...

Eurozone FMs delay decision on Greece aid

Finance Ministers from the Eurozone have again delayed the decision on further aid to Greece saying it needs to do more to cut its budget deficit. However, the EU Economic Commissioner Olli Rehn said the focus should be on quality rather than speed. The Ministers also welcomed the decisions Athens h...

Rupee down 29 paise against US $

The Indian rupee was down by 29 paise at Rs 49.44 per US dollar in early trade today on sustained demand for the American currency from banks and importers amid a rise in dollar value overseas. The domestic currency hovered in a range between Rs 49.20 and Rs 49.44 per dollar during the morning deals...

Sensex trading in positive zone

Erasing initial losses, the Sensex at the Bombay Stock Exchange was trading 6 points in the positive zone at 16,158 when reports last came in. The 30-share Sensex, which had lost over 546 points in the previous two sessions, moved down further by 66 points, or 0.41 per cent, to 16,085 in opening tra...

Occupy Wall Street protests spread across America