Business

September 29, 2011 11:22 AM

Rupee declines by 36 paise<br/>

The Indian rupee declined by 36 paise to Rs 49.11 per US dollar in early trade today on fresh month-end demand for the American currency from importers, coupled with dollar gains in overseas market. The domestic currency moved in a range between Rs 48.86 and Rs 49.11 per dollar during morning deals.

September 29, 2011 10:31 AM

European Commission proposes financial tax resisted by UK

Bank shares have fallen in London after the United Kingdom said it would resist a financial transaction tax on European Union members proposed by the European Commission. The tax would raise about 57 billion euros a year and would come into effect at the start of 2014. At close, Royal Bank of Scotla...

September 29, 2011 10:25 AM

Rupee falls by 16 paise

The Indian rupee fell by 16 paise to Rs 48.91 per US dollar in early trade. The rupee had appreciated by 32 paise to close at Rs 48.75 against the US currency in the previous session on dollar-selling by exporters and some corporates.

September 29, 2011 10:24 AM

Sensex falls by 105 pts in opening trade

The Bombay Stock Exchange benchmarkSensex fell by 105 points in opening trade today The 30-share Sensex, which lost 78.01 points in the previous session, moved down further by 105.18 points, or 0.64 per cent, to 16,340.84 in opening trade.In a similar fashion, the wide-based National Stock Exchange ...

September 28, 2011 9:21 PM

Railways revenue up by 8.52 %

Indian Railways has registered a revenue growth of 8.52 per cent during the period from 11th to 20th of this month, as compared to the same period last year. According to an official release, the revenue earnings of Railways during the period were around 2495 crore rupees as compared to about 2299 c...

September 28, 2011 4:20 PM

Sensex down by 78 points

The Sensex at the Bombay Stock Exchange closed 78 points, or 0.5 per cent lower, at 16,446, amid weak Asian markets, on Wednesday. The Nifty at the National Stock Exchange fell 25 points, or 0.5 per cent, to 4,946.

September 28, 2011 2:04 PM

Sensex down by 33 pts

The Sensex at the Bombay Stock Exchange opened with a small loss of 16 points, at 16,508, on Wednesday morning, amid a mixed trend in the regional bourses. Later, the Sensex remained range bound, and stood a slim 33 points, or 0.2 per cent in negative territory, at 16,491 in afternoon deals, a short...

September 28, 2011 12:09 PM

Rupee gains 13 paise

The Indian rupee reversed initial losses and was being quoted 13 paise higher at Rs 48.94 per US dollar in early trade today on fresh selling of the American currency by banks and exporters in view of dollar weakness overseas.The rupee resumed lower at Rs 49.14 per dollar on the Inter bank Foreign E...

September 28, 2011 11:19 AM

Crude oil prices fall by $1.25

Crude prices fell in Asian trade on Wednesday. New York&apos;s main contract, slipped 1.25 dollar to 83.20 dollar a barrel. Brent North Sea crude shed 96 cents to 106.18 dollar.

September 28, 2011 10:52 AM

Rupee down 12 paise

The Indian rupee lost 12 paise to Rs 49.19 per US dollar in early trade. The rupee had gained 38 paise to close at Rs 49.08 against the US currency in Tuesday&apos;s trade on dollar-selling by banks and exporters amid a sharp rise in the domestic equity market.

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