PNB reports marginal increase in its net profit

Punjab National Bank (PNB) today reported a marginal increase of 3.4 per cent in its net profit for the first quarter of the current fiscal. It quoted its net profit at 1,105 crore rupees. PNB said in a statement that it had registered a net profit of Rs 1,068 crore in the same quarter a year ago.Ho...

BSE Sensex trading in red

BSE Sensex down by 181 points

Food inflation declines

Food inflation declined to its lowest level in 20 months at 7.33 per cent for the week ended July 16. The fall in food inflation by 0.25 percent in comparison to the previous week is on the back of cheaper pulses. It stood at 7.58 per cent in the previous week.During the week under review, prices of...

BSE Sensex falls 139 points in afternoon deals

The Sensex at the Bombay Stock Exchange dropped 177 points, to 18,256 in opening trade, today, amid weak global markets. Later, after falling more than 200 points at one stage, the Sensex recovered partially, but still stood a good 139 points, or 0.8 percent in negative territory, at 18,293, in afte...

Crude prices down in Asian trade today

Crude prices were down in Asian trade today, with investors fretting over the state of the US economy as lawmakers scrambled for a compromise to avert a devastating default. New York's main contract, light sweet crude fell 45 cents to 96.95 dollar per barrel. Brent North Sea crude shed 15 c...

BSE Sensex depreciates over 169 point in noon trade

The Bombay stocks Exchange benchmark Sensex lost over 169 points in noon trade today. It was trading at 18,262 points a short while ago.Brokers said continued off-loading of stocks by funds and retail investors and fears of further monetary tightening to control inflation dampened the trading sentim...

BSE Sensex falls over 200 points in noon trade

The Bombay Stocks Exchange benchmark Sensex lost over 200 points in noon trade today. It was trading at 18,228 points a short while ago.Brokers said continued offloading of stocks by funds and retail investors and fears of further monetary tightening to control inflation dampened the trading sentime...

Rupee depreciates by 12 paise against US dollar

The Indian rupee depreciated by 12 paise to 44 Rupees 20 paise against the US dollar in early trade at the Interbank Foreign Exchange today. The Indian currency moved in a range between 44.09 and 44.20 rupees against the dollar in morning deals. It had closed at 44 rupees 8 paise on Wednesday.

BSE Sensex falls over 200 points in noon trade

The Bombay Stocks Exchange benchmark Sensex lost over 200 points in noon trade today. It was trading at 18,228 points a short while ago. Brokers said continued offloading of stocks by funds and retail investors and fears of further monetary tightening to control inflation dampened the trading sentim...