Business

June 27, 2011 11:51 AM

Indian rupee down by 21 paise against US dollar

The Indian rupee dropped further by 21 paise to a one-month low of Rs 45.20 against the US dollar in late morning trade. The domestic currency moved in a range between 45.05 and 45.20 per dollar in morning deals.

June 27, 2011 11:12 AM

Rupee depreciates by 12 paise against US dollar

The Indian rupee depreciated by 12 paise to 45 rupees 11 paise against the US dollar in early trade today. Forex dealers said dollar strength against the euro and other Asian currencies overseas mainly put pressure on the rupee. On Friday, the local currency weakened by 4 paise to close at 45.00 rup...

June 27, 2011 11:02 AM

Oil prices down in Asian trade

Oil prices fell in Asian trade today. New York's main contract, West Texas Intermediate for delivery in August, fell 65 cents to 90.51 USD a barrel in morning trade. Brent North Sea crude for August declined 67 cents to 104.45 USD, an extension of the 2.13 USD dip on Friday.

June 27, 2011 11:02 AM

Oil prices down in Asian trade today

Oil prices fell in Asian trade today. New York's main contract, West Texas Intermediate for delivery in August, fell 65 cents to 90.51 USD a barrel in morning trade. Brent North Sea crude for August declined 67 cents to 104.45 USD, an extension of the 2.13 USD dip on Friday.

June 27, 2011 11:00 AM

Oil prices falls in Asian trade today

Oil prices fell in Asian trade today. New York's main contract, West Texas Intermediate for delivery in August, fell 65 cents to 90.51 USD a barrel in morning trade. Brent North Sea crude for August declined 67 cents to 104.45 USD, an extension of the 2.13 USD dip on Friday.

June 27, 2011 10:38 AM

Sensex down by 28 pts in opening trade

The BSE benchmark Sensex which gained 513 points in the previous session, fell by 28 points to 18,212 points in the first few minutes of trade today. Similarly, the wide-based National Stock Exchange Nifty index slid by 37 points to 5,434. In the Asian region, Hong Kong's Hang Seng index wa...

June 26, 2011 11:24 AM

Inflation will come down to 6.5 per cent by March 2012: Rangarajan

Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan described the government's decision to raise prices of diesel, cooking gas and kerosene as inevitable and said, it would push inflation into the double-digit zone. However, Mr.Rangarajan said, he expects that ...

June 25, 2011 10:02 AM

India to go ahead with plan to expand its n-energy: Sharma

India has assured corporate America that it has no plans to halt its nuclear energy projects in view of the recent damage to a nuclear power plan in Japan after it was hit by a tsunami."We are very clear it is an absolute must in the bouquet of energy resources which have to be accessed,&am...

June 24, 2011 5:30 PM

Sensex closes 513 points up

Posting its biggest single-day gain in almost four months, the Sensex at the Bombay Stock Exchange shot up a hefty 513 points, or 2.9 percent, to close above the key 18,000 level, at 18,241, today. The market was lifted by a sharp fall in crude oil prices, and by rising Asian and European markets. T...

June 24, 2011 1:13 PM

EPFO to appoint separate custodian of securities

The Central Board of Trustees, Employees Provident Fund, EPF today approved a proposal for appointment of custodian of securities of the organisation. The step has been taken to separate the custodial services from Fund Managers to bring further transparency in the management of EPFO corpus. An offi...

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