Sensex plunges by 353 pts

The Sensex plunged by 353 points on Tuesday with the RBI raising interest rates. It closed at 18,518 points losing 1.87 percent. The Nifty lost 105 points and closed at 5,575.

Sensex plunges by 353 pts

The Sensex plunged by 353 points on Tuesday with the RBI raising interest rates. It closed at 18,518 points losing 1.87 percent. The Nifty lost 105 points and closed at 5,575.

Amended Indo-Swiss DTAA to be reinforced by year-end, says Pranab

Finance Minister Pranab Mukherjee has said that the protocol signed by India and Switzerland to amend their existing Double Taxation Avoidance Agreement so as to facilitate information sharing on black money stashed away in Swiss banks may come into force by the end of this year. Mr. Mukherjee said ...

Sensex plunge 308 points in afternoon trade

Erasing all its early gains, the Sensex at the Bombay Stock Exchange plunged 308 points, or 1.6 percent, to 18,564, in afternoon trade, a short while ago, after the Reserve Bank hiked its key policy rates by a steeper-than-expected 50 basis points. Earlier in the morning, however, the Sensex had gai...

Oil mixed in Asian trade

Oil was mixed in Asian trade today, with investor sentiment muted over the US political standoff on competing plans to lift the country's borrowing cap. New York's main contract, light sweet crude advanced 15 cents to 99.35 dollar a barrel and Brent North Sea crude eased 29 cents t...

Rupee gains 7 paise against US dollar

The Indian rupee strengthened by 7 paise to Rs 44.33 per dollar in early trade. The rupee had depreciated by 5 paise to close at Rs 44.41 against the American currency in yesterday's trade.

Sensex rises 73 points in opening trade

The BSE benchmark Sensex rose by over 73 points in opening trade today, extending its gains for the third straight session despite concerns over an expected hike in key short-term rates by the RBI. The 30-share index, which had gained 435 points in the past two sessions, moved up further by 73 point...

RBI to review its first quarter credit policy today

RBI hints at another hike in key rates <br/>

Gold touches all-time high

Surpassing all previous records, gold gained 200 rupees, to touch a new all-time high of 23,620 rupees per ten grams at Delhi&apos;s bullion market on Monday , on increased buying by stockists and investors, as gold also rallied to a new peak in the global markets. Silver rose 500 rupees, to 59,...