Business

July 19, 2011 2:13 PM

<img src="rs.png" border="0" height="9" > up by 7 paise against US dollar

The Indian rupee gained 7 paise to 44 rupees 50 paise per US dollar on mild selling of dollars in early trade on Tuesday on the Interbank Foreign Exchange. The rupee resumed higher at 44 rupees 54 paise per dollar on the Interbank Foreign Exchange, as against the overnight closing level of 44 rupees...

July 19, 2011 1:51 PM

Sensex up by 158 points

The Sensex at the Bombay Stock Exchange rose 27 points, or 0.1 per cent, to 18,534 in opening trade on Tuesday morning, on bargain-hunting by investors, despite a weak trend on the other regional bourses. Later, the Sensex slipped slightly into negative territory, but then recovered strongly, to sta...

July 19, 2011 12:30 PM

Oil markets up in Asian trade

Oil markets rose in Asian trade on Tuesday as traders snapped up cheap crude after European and US debt woes pulled prices down. New York&apos;s main contract, light sweet crude gained 38 cents to 96.31 dollar per barrel. Brent North Sea crude added 41 cents to 116.46 dollar.

July 19, 2011 12:26 PM

OPIC plans to invest Rs 3,600 cr in Indian renewable energy sector

US government-owned financial entity Overseas Private Investment Corp,OPIC plans to invest about 3,600 crore rupees in the fast- growing Indian renewable energy sector by the end of 2011. This was revealed by the OPIC President and CEO Elizabeth Littlefield in New Delhi on Tuesday. She was speaking ...

July 19, 2011 10:44 AM

Rupee strengthened by 3 paise against US dollar in early trade

The Indian rupee strengthened by 3 paise to 44 rupees 54 paise per dollar in early trade on the Interbank Foreign Exchange on Tuesday. The Indian currency was supported by dollar weakness against other Asian currencies.The rupee ended 6 paise lower at 44 rupees 58 against the US dollar in Monday&amp...

July 19, 2011 10:14 AM

Sensex up by over 27 points in opening trade

BSE benchmark Sensex rose by over 27 points in range-bound opening trade on Tuesday. The 30-share Bombay Stock Exchange barometer, which lost over 111 points in the previous two sessions, recovered by 27.26 points, or 0.14 per cent, to 18,534.30 in the first few minutes of trade. Similarly, the broa...

July 18, 2011 9:56 PM

Railway revenue earnings up by 12.15 pc during April-June

Indian Railways registered an increase of 12.15 percent in its earnings for the first quarter of the current fiscal to 22,075 crore rupees.According to an official release, it registered a jump of 12.61 percent in the total goods earnings which have gone up 16,812 crore rupees during April-June peri...

July 18, 2011 9:21 PM

Crude oil futures fall erasing last week's gains

Crude oil futures fell, on Monday, erasing last week&apos;s gains, as the euro slumped against the dollar, and gold soared to a new record on heightened debt contagion worries ahead of Thursday&apos;s summit of euro-zone leaders.The front-month September Brent contract on London&apos;s I...

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