Business

September 22, 2011 1:03 PM

Sensex down 436 pts in afternoon trade

The Sensex at the Bombay Stock Exchange was trading a mammoth 436 points in the negative territory at 16,629 a short while ago. In opening trade, the Sensex lost nearly 300 points, amid panic selling in markets worldwide following the US Federal Reserve's warning that the outlook for the wo...

September 22, 2011 12:59 PM

Rupee down 57 paise against dollar

The Indian rupee tumbled by 57 paise to 48 Rupees 90 paise against the US dollar in early trade today, on persistent dollar demand from banks and importers, amid strengthening of the American currency overseas and a sharp fall in the domestic equity market. The rupee fell by 28 paise to close at a f...

September 22, 2011 12:58 PM

Standards primarily necessary for protection of consumers' interests

The government today said standardisation is an important facilitator for industry and trade and for protection of consumers' interests. Speaking at a function in New Delhi, Consumer Affairs secretary Rajiv Agarwal said standards are primarily necessary for protecting the interests of consu...

September 22, 2011 12:38 PM

Net direct tax collection up by 6.6% till Sep 15

Net direct tax collection has increased by 6.6 percent till 15th September this fiscal compared to the corresponding period last fiscal. According to the official data released by the Finance Ministry, the net direct taxes stood at 1.80 lakh crore rupees as against 1.68 lakh crore rupees a year earl...

September 22, 2011 10:18 AM

Sensex sheds 300 pts in opening trade

The Bombay Stock Exchange benchmark Sensex lost nearly 300 points in opening trade today amid panic selling in markets worldwide following the US Federal Reserve's warning that the outlook for the world's largest economy is grim.The 30-share index fell by 299.62 points, or 1.75 per...

September 21, 2011 4:51 PM

Sensex ends with modest loss

The Sensex at the Bombay Stock Exchange closed with a modest loss of 34 points, or 0.2 percent, at 17,065, today. The Nifty at the National Stock Exchange fell 7 points, or 0.1 percent, to 5,133. But stock markets in Japan, China, South Korea and Singapore gained between 0.2 percent and 2.7 percent.

September 21, 2011 2:25 PM

Rupee gains 14 paise against dollar

The Indian rupee rose by 14 paise to 47.91 rupees a dollar in early trade on the Interbank Foreign Exchange today on continued foreign capital inflows and euro gains against the American currency overseas. Appreciation of other Asian currencies against the US dollar also supported the rupee&apos...

September 21, 2011 2:24 PM

Sensex down in afternoon trade

The Sensex at the Bombay Stock Exchange rose 49 points, or 0.3 per cent, to 17,148 in the first five minutes of trade, on Wednesday morning, on renewed buying by investors, amid firm regional bourses. But the Sensex later gave up all its initial gains, on mild selling pressure, to stand 24 points, o...

September 21, 2011 1:07 PM

Sensex down by 61 pts

The Bombay Stock Exchange Sensex was down by 61 points, to 17,038 points, a short while ago. The 30-share BSE index had opened 48 points higher in early trade today. The wide-based National Stock Exchange Nifty was also down by 16 points, to around 5,123.

September 21, 2011 1:02 PM

Govt lifts ban on export of onions

An Empowered Group of Ministers, EGoM on Food headed by Finance Minister Pranab Mukherjee has lifted the ban over the export of onion. The meeting also fixed the Minimum Export Price of onions at 475 dollars a tonne. On the 9th of this month, the ministerial panel banned onion exports to boost domes...

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