Business

July 22, 2011 6:37 PM

Gold prices down by Rs 285

Gold fell 285 rupees, to 23,160 rupees per ten grams at Delhi's bullion market, on Friday, on sluggish demand at existing high levels, amid a weak global trend. Silver tumbled 1,500 rupees, to 57,400 rupees per kilo. In the global markets, gold dropped 5 dollars, to 1,586 dollars an ounce. ...

July 22, 2011 6:36 PM

Sensex gains 254 points in afternoon trade

Tracking rising global markets, the Sensex at the Bombay Stock Exchange surged 286 points, or 1.6 percent, to a near two-week high of 18,722, on Friday. The market was lifted by some encouraging quarterly corporate results, and a new European Union-IMF bailout for debt-ridden Greece. The Nifty at th...

July 22, 2011 2:04 PM

Rupee up by 15 paise against US dollar

The Indian rupee appreciated by 15 paise to 44.35 rupees against the US dollar in early trade on the Interbank Foreign Exchange today. It had closed at 44.50 rupees yesterday. Forex dealers said a higher opening in the stock market also supported the rupee's rise.

July 22, 2011 12:04 PM

Sensex gains 254 points in afternoon trade

The Bombay Stock Exchange benchmark Sensex gained nearly 160 points in opening trade today. The gain in Sensex was due to better-than expected quarterly earnings by Hero Honda and other companies. The Sensex was trading at 18, 690, up by over 254 points a short while ago.In a similar fashion, the wi...

July 22, 2011 11:25 AM

Rupee up by 15 paise against US dollar

The Indian rupee appreciated by 15 paise to 44.35 rupees against the US dollar in early trade on the Interbank Foreign Exchange today. It had closed at 44.50 rupees yesterday. Forex dealers said a higher opening in the stock market also supported the rupee's rise.

July 22, 2011 10:09 AM

Oil prices higher in Asian trade

Crude oil prices were higher in Asian trade today. New York's light sweet crude rose 28 cents to 99.41 dollars a barrel while Brent North Sea crude gained 23 cents to 117.74 dollars per barrel.Analysts said US equities rallied on news that eurozone leaders had clinched a bailout deal for de...

July 22, 2011 10:08 AM

Rupee up by 13 paise against US dollar

The Indian rupee appreciated by 13 paise to 44.37 rupees against the US dollar in early trade on the Interbank Foreign Exchange today. It had closed at 44.50 rupees yesterday. Forex dealers said a higher opening in the stock market also supported the rupee's rise.

July 22, 2011 10:07 AM

Sensex gains 160 points in opening trade

The Bombay Stock Exchange benchmark Sensex gained nearly 160 points in opening trade today. The gain in Sensex was due to better-than expected quarterly earnings by Hero Honda and other companies. The Sensex was trading at 18, 546, up by over 110 points a short while ago. In a similar fashion, the w...

July 21, 2011 8:37 PM

Indian gems and jewellery market growing 15% annually

The Indian Industry body- ASSOCHAM- has said the size of the Indian gems and jewellery market is expected to touch 2.13 lakh crore rupees by 2015. A press release said the size of domestic gems and jewellery market is growing at a steady rate of 15 per cent annually. It said the market currently sta...

July 21, 2011 8:11 PM

India 10th in global export of services

India achieved 10th rank in export of services worldwide, while emerged as the 20th biggest merchandise exporter in 2010, a latest WTO report has said. In 2009, the country stood at the 12th and 22nd position globally in services and goods exports, respectively. In value terms, India exported servic...

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