Sensex falls by 6 pts

Oil Price rises in Asian trade

Oil prices rose in Asian trade today after German lawmakers passed an expansion of the eurozone's rescue fund and positive US economic data boosted investor sentiment. New York's main contract gained 53 cents to 82.67 dollar. Brent North Sea crude was up 28 cents to 104.23 dollar.

Sensex tumbles by over 200 pts

The Bombay Stock Exchange benchmark Sensex declined by over 200 points in opening trade on Friday as funds and retail investors locked in gains recorded on Thursday's rally.The 30-share BSE index, which had gained 252 points in the previous session, fell by 202 points, or 1.21 per cent, to ...

Sensex up by 252 points

Recovering from early losses, the Sensex at the Bombay Stock Exchange closed 252 points, or 1.5 percent higher, at 16,698, amid largely positive Asian markets, on Thursday. The Nifty at the National Stock Exchange rose 70 points, or 1.4 percent, to 5,015.Stock markets in Japan, China, South Korea an...

RBI notifies UID as KYC for all bank accounts

The Reserve Bank of India has notified Unique Identification, UID Number or Aadhaar as a Know Your Customer, KYC norm for the opening any kind of bank accounts in the country. The Chairman of the Unique Identification Authority of India UIDAI, Nandan Nilekani said this while speaking at a function o...

Sensex gains 120 pts

Rebounding smartly from early lows, the Sensex at the Bombay Stock Exchange gained a good 128 points, or 0.8 per cent, to 16,574 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had fallen 105 points, or 0.6 per cent, to 16,341, on sustained selling by funds.Other A...

Indian Economy to grow at 9% in next 5 yrs: Rangarajan<br/>

The Chairman of the Prime Minister&apos;s Economic Advisory Council Dr C Rangarajan has said that the Indian economy has the potential to grow at 9 percent annually in the next five years. Dr Rangarajan said that tackling inflation and bringing it below five percent level is the biggest challeng...

Amazon launches Kindle Fire tablet computer

Amazon has launched a new tablet computer called the Kindle Fire to rival Apple&apos;s unusually successful I-PAD. Many rivals are trying to emulate the success of Apple&apos;s I-Pad with look-alike tablet devices, but none has come close. Amazon&apos;s Kindle Fire is seen as a chance be...

Food inflation jumps to 9.13%<br/>

Food inflation jumped to 9.13 per cent for the week ended September 17 from 8.84 per cent in the previous week, mainly due to a rise in prices of potatoes, pulses and poultry.Finance Minister Pranab Mukherjee has termed the rise in food inflation as an area of grave concern.As per Wholesale Price In...

Sensex up by 113 pts<br/>

The Bombay Stock Exchange benchmark Sensex that paired early loses was trading 113 points up at 16559 in afternoon trade today. Similarly, the wide-based National Stock Exchange Nifty index also stood 33 points up at 4,979.