Oil prices down in Asian trade

Crude oil prices were lower in Asian trade today. New York's main contract, West Texas Intermediate light sweet crude for September delivery, was down 33 cents to USD 87.25 a barrel in Asian morning trade. Brent North Sea crude for October fell 30 cents to USD 110.30.

Rupee falls by 13 paise against US dollar in early trade

The rupee weakened by 13 paise to trade at Rs 45.54 against the US dollar in early trade on Thursday. The rupee had lost 4 paise to close at Rs 45.41 against the US dollar on Wednesday.

Sensex opens higher by 76 pts

Govt approves 18 FDI proposals worth 122.79 crore rupees

The government has approved 18 Foreign Direct Investment, FDI, proposals worth of 122.79 crore rupees. These include the approval of Pipavav Defence and Offshore Engineering Company to infuse 81.62 crore rupees of foreign capital in the company. The government has, however, deferred a decision on th...

Inflation pressure to ease further: Pranab

Finance Minister Pranab Mukherjee on Wednesday said inflation pressure would ease further on the back of good monsoon. Speaking to reporters outside Parliament, Mr Mukherjee expressed confidence that good monsoon will ensure moderation of inflationary pressure. He also said, the government and the R...

Sensex surges 110 points to 16,841

Snapping three days of losses, the Sensex at the Bombay Stock Exchange on Wednesday rose 110 points, or 0.7 percent, to 16,841, on bargain-hunting by investors. The Nifty at the National Stock Exchange gained 21 points, or 0.4 percent, to 5,057. Stock markets in Japan, China, Hong Kong, Singapore, a...

Oil prices up in Asian trade today

Oil prices were higher in Asian trade on Wednesday but sentiment was subdued after the meeting of French and German leaders failed to ease market concerns over the eurozone debt crisis. New York's main contract light sweet crude for September delivery, was up 17 cents to 86.82 dollar a barr...

Sensex trims early gains; up by 81 pts in afternoon trade

The Sensex at the Bombay Stock Exchange rose 127 points, or 0.8 per cent, to 16,859, within the first few minutes of trade Wednesday morning, on bargain-hunting by investors. At one point, the Sensex had gained as much as 269 points. Later, after briefly slipping into negative territory, the Sensex ...

Govt to set over 50 new centres to train workforce in MSME sector

The government is considering to set up over 50 new training centres for upgrading skills of workforce in the micro, small and medium enterprises, MSME sector. The National Skill Development Corporation which has been set up by the government, aims to provide skill training to 150 million persons by...

Sensex up by 127 points in opening trade

The Bombay Stock Exchange benchmark Sensex gained over 127 points in opening trade on Wednesday on the back of bargain buying by funds and retail investors, ignoring a weak trend overseas. The 30-share index, which lost nearly 400 points in the previous three sessions, rose by 127 points to 16,859 i...