Silver hits new high at Rs 57,500

Silver zoomed 500 rupees, to yet another all-time high of 57,500 rupees per kilo at Delhi's bullion market, today, on hectic buying by stockists and jewellers for the ongoing 'Navratra' festival, amid a firm global trend. Silver coins also spurted 500 rupees, to a new peak...

Silver hits new high at Rs 57,500

Silver zoomed 500 rupees, to yet another all-time high of 57,500 rupees per kilo at Delhi's bullion market, today, on hectic buying by stockists and jewellers for the ongoing 'Navratra' festival, amid a firm global trend. Silver coins also spurted 500 rupees, to a new peak...

Rupee appreciates by 17 paise

At the Mumbai forex market, the rupee strengthened 17 paise, to a nearly five-month high of 44.42 against the dollar, on strong capital inflows, amid sale of the dollar by exporters and some banks.

The Prime Minister's Trade and Economic Relations Committee will review the India-Europian Union draft treaty on free trade agreement in New Delhi tomorrow. The Chief negotiators of India and Europian Union concluded their two day discussions today to finalise the draft ahead of Commerce Se...

Sensex closes below 20K<br/>

The Sensex at the Bombay Stock Exchange closed with a marginal loss of 15 points, or 0.1 percent, at 19,687, today, on profit-booking by investors, and as high global crude oil prices stoked inflation and interest rate concerns. But the Nifty at the National Stock Exchange managed to inch up 2 point...

SEBI approves open offer for Cairn India: Vedanta

UK-based, Vedanta Group on Tuesday said it has received capital market regulator, SEBI&apos;s nod for a 9.6 billion dollar deal to acquire a 51 per cent stake in oil explorer and producer, Cairn India, and will launch an open offer soon. Stating this to reporters in Mumbai, Vedanta Group Chairma...

Combined economy of six Gulf oil producers to grow by 5.9% in 2011

A new report says that the combined economy of the six Gulf oil producers went up by around 4.5 per cent in 2010. It is projected to expand at a faster pace of 5.9 per cent this year because of high oil prices. A Federation of the GCC chambers of commerce and industry gave the report. It says that t...

Sensex down by 98 points in afternoon trade

Reversing all its initial gains, the Sensex at the Bombay Stock Exchange stood 98 points, or 0.5 percent in negative territory, at 19,604, in afternoon deals, a short while ago, after losing more than 150 points at one stage. The market fell on profit-booking by investors, after a recent sharp rally...

Ahead of concluding India-European Union talks on free trade agreement in Brussels, the Prime Minister&apos;s Trade and Economic Relations Committee (TERC) will review the issue in New Delhi on Wednesday. The chief negotiators of the two countries are continuing their discussions on the second d...

Rupee up by 18 paise against US dollar

The Indian rupee appreciated by 18 paise to 44.41 rupees against the US dollar in early trade on Tuesday. It had closed at 44.59 rupees against the greenback in the previous session. Dealers said the strengthening of rupee was supported by capital inflows and the higher opening in the stock market.