Business

June 7, 2011 10:00 AM

Rupee down by 3 paise against US dollar in early trade

The Indian rupee lost 3 paise to 44 rupees 79 paise per US dollar in early trade at the Interbank Foreign Exchange today. The rupee was weighed down by dollar gains against the euro and other currencies overseas.Forex dealers said strengthening of the dollar against the euro and Asian currencies and...

June 7, 2011 9:55 AM

BSE Sensex falls 68 points in opening trade

The BSE benchmark Sensex lost over 68 points in opening trade today on fresh selling by funds and retail investors amid a weak trend on other Asian bourses.The 30-share barometer, which gained 43.63 points in the previous session, fell by to 18,351 in the first few minutes of trade today as auto, FM...

June 6, 2011 9:04 PM

Japan to provide loan package of Rs 8632 cr for 7 projects in India

India and Japan have signed seven agreements under which the East Asian economic giant will provide loans worth a total of 8,632 crore rupees for the projects, including the Bangalore Metro Rail Project. The Finance Ministry in an official release said that the loans are to be provided under the Off...

June 6, 2011 9:03 PM

Net Direct Tax Collections fell by 47.93 per cent

Gross Direct Tax Collections up by 37.34 per cent while Net Direct Tax Collections decline by 47.93 per cent during first two months of Current Financial Year. An official release says, direct tax collections stood at 50,405 crore rupees as against 36,702 crore rupees in the same period during the l...

June 6, 2011 6:31 PM

Online grievance redressal portal for insurance policy holders

The government has launched an online grievance redressal portal for insurance policy holders, which would offer integrated grievance management system (IGMS). Announcing the launch in New Delhi, secretary, financial services, S K Sharma emphasised the need for putting in place a proper regulatory m...

June 6, 2011 5:46 PM

CBI grills Aircel ex-owner Sivasankaran

The Central Bureau of Investigation, CBI on Monday day recorded a statement of the former Aircel owner C Sivasankaran in connection with the 2G spectrum allocation scam. AIR correspondent quoting official sources reports, Mr Sivasankaran was grilled by CBI in New Delhi. Mr Sivasankaran owned Aircel-...

June 6, 2011 5:26 PM

Sensex gains 44 points

The Sensex at the Bombay Stock Exchange gained 44 points, or 0.2 percent, to 18,420, on Monday. The Nifty at the National Stock Exchange rose 15 points, 0.3 percent, to 5,532.

June 6, 2011 2:07 PM

Sensex falls 69 points in opening trade

The Sensex at the Bombay Stock Exchange fell 69 points, or 0.4 per cent, to 18,307 in the first few minutes of trade, on Sunday morning, on fresh selling by investors, amid weak Asian markets.Later, after losing more than 100 points at one stage, the Sensex trimmed its losses, and stood a more modes...

June 6, 2011 12:10 PM

Rupee up by another 8 paise against dollar

The Indian rupee moved up further by 8 paise to 44.73 against the American currency in early trade today. It moved in a range between 44.73 per dollar and 44.77 per dollar during the morning deals.

June 6, 2011 12:04 PM

Oil mixed in Asian trade

An oil price was mixed in Asian trade today ahead of a key OPEC meeting this week in Vienna. New York's main contract, light sweet crude rose eight cents to 100.30 dollar a barrel and Brent North Sea crude lost six cents at 115.78 dollar.

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