Business

May 18, 2011 10:25 AM

Rupee gains 9 paise against US dollar

The Indian rupee strengthened by 9 paise to Rs 45.06 against the US dollar in early trade. The rupee had depreciated by 29 paise to close at a nearly two-month low of Rs 45.16 against the US dollar in the previous session.

May 18, 2011 10:25 AM

Rupee gains 9 paise against US dollar

The Indian rupee strengthened by 9 paise to Rs 45.06 against the US dollar in early trade. The rupee had depreciated by 29 paise to close at a nearly two-month low of Rs 45.16 against the US dollar in the previous session. Oil price higher in Asian trade today Oil price was higher in Asian trade tod...

May 18, 2011 10:24 AM

BSE Sensex recovers 78 points in opening trade

The Bombay Stock Exchange benchmark Sensex which has lost almost 394 points in the previous two sessions, recovered by 78 points, or 0.43 per cent, to 18,215 in opening trade. The wide-based National Stock Exchange index Nifty also moved up by 17 points, or 0.33 per cent, to 5,456. Meanwhile, Hong K...

May 18, 2011 10:24 AM

BSE Sensex recovers 78 points in opening trade

The Bombay Stock Exchange benchmark Sensex which has lost almost 394 points in the previous two sessions, recovered by 78 points, or 0.43 per cent, to 18,215 in opening trade. The wide-based National Stock Exchange index Nifty also moved up by 17 points, or 0.33 per cent, to 5,456. Meanwhile, Hong K...

May 18, 2011 9:02 AM

World Bank report projects fundamental changes in global economy

Projecting fundamental changes in global economy, a World Bank report has said that India along with five major emerging economies will account for more than half of all global growth by 2025. The report said that by 2025, six major emerging economies, India, Brazil, China, Indonesia, South Korea, a...

May 17, 2011 9:24 PM

Six nations including India to dominate global growth by 2025:WB

Projecting fundamental changes in global economy, a World Bank report today said India along with five majoremerging economies will account for more than half of all global growth by 2025. The report said that by 2025, six major emerging economies, India, Brazil, China, Indonesia, South Korea, and R...

May 17, 2011 8:02 PM

Six nations including India to dominate global growth by 2020:WB

Projecting fundamental changes in global economy, a World Bank report today said India along with five majoremerging economies will account for more than half of all global growth by 2025. The report said that by 2025, six major emerging economies, India, Brazil, China, Indonesia, South Korea, and R...

May 17, 2011 8:01 PM

SBI posts 99% dip in net profit for fourth quarter

Country's largest lender State Bank of India today posted 99 per cent dip in net profit for the fourth quarter of 2010-11. SBI had logged in 21 crore rupees net profit on standalone basis against 1,867 crore rupees logged for the same period in the previous year.SBI Chairman Pratip Chaudhur...

May 17, 2011 6:30 PM

Sensex closes 207 points lower

The Bombay Stock Exchange Sensex closed down by 207 points today at 18,137. The 30-share index hit a high of 18435 and low of 18084 in trade today. The National Stock Exchange Nifty also ended down by 60 points at 5,438. The Benchmarks ended with heavy losses as poor quarterly results from State Ban...

May 17, 2011 2:12 PM

BSE Sensex down by 226 points in intra-day trade today

The Sensex at the Bombay Stock Exchange lost 226 points, or 1.2%, at 18,119 in intra-day trade today. The Nifty of the National Stock Exchange slipped 64 points or 1.2% to 5,435.Stock markets in China, Hong Kong, Japan and South Korea were trading mixed in intra-day trade today.

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