Business

August 10, 2011 10:55 AM

Rupee up by 20 paise against dollar

Snapping a six-session losing streak, the Indian rupee appreciated by 20 paise to Rs 45 per US dollar in early trade today. Forex dealers said, dollar weakness against the euro and other currencies overseas after the US Federal Reserve announced that it will keep rates low for at least two years and...

August 9, 2011 9:06 PM

Tumbling US stocks drag benchmark indices to biggest slump

US stocks tumbled on Monday dragging the benchmark indices to their biggest slump since December 2008, amid concern that a downgrade of the nation's credit rating by Standard & Poor's may worsen the economic slowdown. So the Dow Jones Industrial Average plunged 635 points, ...

August 9, 2011 8:58 PM

Gold touches all-time high of 25,840 rupees per 10 grams

Boosted by a firm overseas trend, gold spurted 610 rupees, to touch a new all-time high of 25,840 rupees per ten grams at Delhi's bullion market on Tuesday. But silver met with resistance at prevailing high levels, and fell 1,000 rupees, to 58,900 rupees per kilo.In London, gold zoomed to a...

August 9, 2011 8:30 PM

Cross-LoC businessmen trade goods worth over 1.06 crore rupees

In Jammu and Kashmir the Cross-LoC businessmen on Tuesday traded goods worth over 1.06 crore rupees through 17 trucks between Jammu and Kashmir and Pakistan Occupied Kashmir (PoK) along LoC at Chakan-Da-Bagh Crossing point in Poonch district. From Poonch three trucks carrying bags of coconut, red ch...

August 9, 2011 6:35 PM

BJP tells Govt to reduce petro prices in line with global market

The BJP on Tuesday demanded that the government should reduce the prices of petroleum products whenever there is a decrease in the international prices of crude oil. Talking to reporters in New Delhi, senior party leader S S Ahluwalia said that when prices of petroleum products were deregulated, it ...

August 9, 2011 6:33 PM

<br/><br/>Tumbling US stocks drag benchmark indices to biggest slump

US stocks tumbled on Monday dragging the benchmark indices to their biggest slump since December 2008, amid concern that a downgrade of the nation&apos;s credit rating by Standard &amp; Poor&apos;s may worsen the economic slowdown. So the Dow Jones Industrial Average plunged 635 points, ...

August 9, 2011 6:33 PM

Sensex dips 132 points on global woes

Falling for the sixth straight session, the Sensex at the Bombay Stock Exchange declined 132 points, or 0.8 percent, to 16,858, after volatile trade, and amid a rout in the global stock markets on Tuesday. The Nifty at the National Stock Exchange dropped 46 points, or 0.9 percent, to 5,073.The bours...

August 9, 2011 5:12 PM

Sensex dips 132 points on global woes

Falling in line with plunging global markets,the Sensex at the Bombay Stock Exchange declined 132 points, or 0.8 percent, to 16,858 on Tuesday. The Nifty at the National Stock Exchange dropped 46 points, or 0.9 percent, to 5,073.

August 9, 2011 5:02 PM

Gold spurts 610 rupees on global cues

Boosted by a firm overseas trend, gold spurted 610 rupees, to touch a new all-time high of 25,840 rupees per ten grams at Delhi&apos;s bullion market on Tuesday. But silver met with resistance at prevailing high levels, and fell 1,000 rupees, to 58,900 rupees per kilo.In London, gold zoomed to a...

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