Rupee gains 4 paise against US dollar

The Indian rupee appreciated by 4 paise to 44.39 rupees per dollar in early trade on the Interbank Foreign Exchange today. The rupee had closed flat at 44.43 rupees per dollar in the previous session.Forex dealers said dollar weakness against major currencies overseas and a higher opening in the sto...

Oil price falls 45 cents

Oil prices were lower in Asian trade today. New York's light sweet crude fell 45 cents to 112.41 dollar per barrel while London's Brent North Sea crude lost 17 cents to 124.85 dollars per barrel. Analysts said the fall in crude prices was due to slump in the first-quarter GDP in th...

Rupee gains 2 paise against US dollar

The Indian rupee appreciated by 2 paise to 44.41 rupees per dollar in early trade on the Interbank Foreign Exchange today. The rupee had closed flat at 44.43 rupees per dollar in the previous session.Forex dealers said dollar weakness against major currencies overseas and a higher opening in the sto...

BSE Sensex trading up by 9 points

The Bombay Stock Exchange benchmark Sensex rose by almost 65 points to 19,356 in opening trade today on the back of selective buying by funds and retail investors. Later, it lost its initial gains and was trading at 19301, up by 9 points.Brokers said selective buying by funds as well as investors in...

Gold climbed 275 rupees to a new record high

India, Pak to enhance bilateral trade

Recognising that economic engagement will help build mutual trust, India and Pakistan on Thursday agreed to initiate steps for trade of electricity and petroleum products between them. Official document released in New Delhi said that commerce secretaries of the two countries agreed on a slew of mea...

ICAI'S annual international meet begins in Dubai

Japan's Panasonic plans to cut forty thousand jobs

Japan's Panasonic plans to cut forty thousand jobs globally over the next two years. According to reports published on Thursday, the job losses represent about 10% of its workforce, and most of the cuts will come from the company's overseas divisions. The company is due to release ...

India, Pakistan open trade talks

India and Pakistan have begun their first trade negotiations in Islamabad since the 2008 Mumbai attacks. Officials from both the countries said that they are focusing on fruitful talks that will boost business from the current level of about two billion dollars a year.Commerce Secretary Rahul Khulla...

Govt making concerted efforts to augment domestic coal production: Jaiswal

Government is making concerted efforts to augment domestic coal production from public sector coal companies and captive blocks. Union Coal Minister Sriprakash Jaiswal in New Delhi on Thursday said that the captive mine policy for augmenting domestic production has not yielded desired results so far...