Business

August 22, 2011 11:21 AM

Sensex recovers by 21 pts

Fresh buying in select counters, mainly realty, consumer durables, capital goods and power, helped the BSE benchmark Sensex recover from early losses to trade nearly 21 points higher vis-a-vis its previous close in early trade on Monday The 30-share Bombay Stock Exchange index resumed higher at 16,1...

August 22, 2011 10:48 AM

Rupee down by 28 paise against dollar

The Indian rupee depreciated by 28 paise to a nine-month low of 46.02 against the US dollar in early trade on the Inter bank Foreign Exchange today, largely on capital outflow concerns. Dealers said, weakness in the equity market and capital outflow concerns continued to exert pressure on the Indian...

August 22, 2011 10:04 AM

Sensex tumble by 73 pts in opening trade

Extending its losing streak for the third straight session, the Bombay Stock Exchange benchmark Sensex moved down by over 73 points in opening trade on Monday. The 30-share Sensex, which has lost nearly 700 points in the previous two sessions, fell by 0.46 per cent, to 16,068. In the first few minut...

August 22, 2011 10:00 AM

Sensex tumble by 73 pts

Extending its losing streak for the third straight session, the Bombay Stock Exchange benchmark Sensex moved down by over 73 points in opening trade on Monday. The 30-share Sensex, which has lost nearly 700 points in the previous two sessions, fell by 0.46 per cent, to 16,068. In the first few minut...

August 21, 2011 12:30 PM

Surge in Gold prices beneficial for Govt too, says analysis

The bullion traders and investors are not alone in reaping rich benefits from the glittering gold prices. According to an analysis by PTI, the strategy of keeping a substantial holding of the yellow metal seems to be working well for the government too. A sharp rally of over 20 per cent in gold pric...

August 21, 2011 10:45 AM

Gold glitters at 28,150 rupees per 10 grams

Gold posted its biggest-ever single day gain of 1,310 rupees, to hit yet another all-time high of 28,150 rupees per ten grams at Delhi's bullion market on Saturday following frantic buying triggered by strong demand in the global markets. Silver surged 1,500 rupees, to 62,800 rupees per kil...

August 19, 2011 8:14 PM

Govt signs tax information exchange agreement with Swiss

The Finance Minister Mr. Pranab Mukherjee on Thursday said the agreement signed with Switzerland for sharing banking information on demand is likely to come into force by September. He said during Question Hour in the Lok Sabha that India signed an agreement with Switzerland for sharing banking info...

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