Business

September 23, 2011 8:23 PM

Sensex declines by 199 points

Falling for the third straight session, the Sensex at the Bombay Stock Exchange declined 199 points , or 1.2 percent, to 16,162, on Friday, on continued weakness in the global stock markets, on a grim growth outlook in the US, and debt troubles in Europe. The Nifty at the National Stock Exchange los...

September 23, 2011 8:23 PM

Gold down by Rs 300

Gold fell 300 rupees, to 28,040 rupees per ten grams at Delhi's bullion market, on Friday, on sustained offloading of positions by stockists. Silver tumbled a whopping 5,500 rupees, its second biggest fall in three months, to 59,000 rupees per kilo, amid a bearish global trend.In the global...

September 23, 2011 6:44 PM

Sensex down by 199 points

Falling for the third straight session, the Sensex at the Bombay Stock Exchange declined 199 points , or 1.2 percent, to 16,162, on Friday, on continued weakness in the global stock markets, on a grim growth outlook in the US, and debt troubles in Europe. The Nifty at the National Stock Exchange los...

September 23, 2011 6:15 PM

Business heads from Germany to visit India next year

Over one thousand business heads from Germany are to visit India next year to explore and enhance bilateral business ties in various sectors. Talking to newsmen in New Delhi on Friday on the inaugural of the Year of Germany in India, German Ambassador Thomas Matussek said, the focus will be on the p...

September 23, 2011 6:15 PM

Rupee depreciation on expected line: Rangarajan

Prime Minister's Economic AdvisoryCouncil Chairman C Rangarajan on Friday said that decline in rupee is on expected line amid fall in currencies of several other emerging economies.Rangarajan told reporters in Chennai that rupee had stayed very strong for quite a number of years and therefo...

September 23, 2011 4:15 PM

Sensex down by 199 pts

The Sensex at the Bombay Stock Exchange fell 199 points , or 1.2 percent, to 16,162, on Friday. The Nifty at the National Stock Exchange lost 56 points, or 1.1 percent, to 4,868.

September 23, 2011 1:54 PM

Sensex recovers 123 pts

The Sensex at the Bombay Stock Exchange dropped 205 points, or 1.3 per cent, to 16,156 in opening trade, this morning, amid a weak trend on the other Asian bourses, as global recession fears continued to haunt investors. Later, after falling more than 300 points at one stage, the Sensex recovered so...

September 23, 2011 12:26 PM

Sensex down by 255 pts

The Sensex at the Bombay Stock Exchange, which lost nearly 205 points in opening trade, lost further ground and was trading 255 points in the negative territory at 16,106 when reports last came in. The 30-share had lost 738 points in the previous two sessions.All the sectoral indices, led by metal, ...

September 23, 2011 11:37 AM

Danger of currency war if economic crisis deepens: FM

Finance Minister Pranab Mukherjee has warned the international community that there is danger of a currency war if the ongoing economic crisis deepens. Speaking at a press conference of finance ministers of BRICS nations Brazil, Russia, India, China and South Africa at the headquarters of the Intern...

September 23, 2011 11:05 AM

Sensex falls by 205 pts in opening trade

The Bombay Stock Exchange benchmark Sensex fell by nearly 205 points in opening trade on Friday. The 30-share index, which lost 738 points in the previous two sessions, dropped further by 204 points, or 1.25 per cent, to 16,156 in the first few minutes of trade on Friday. All the sectoral indices, l...

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