Business

March 29, 2011 11:21 AM

Rupee gains 7 paise against US dollar

The Indian rupee strengthened by 7 paise to 44.76 rupees per dollar at the Interbank Foreign Exchange today. The rupee had depreciated by 16 paise to close at 44.83 rupees against the US currency in Monday's trade.

March 29, 2011 11:21 AM

Crude oil prices fall in Asian trade

Crude oil prices fell in Asian trade today. New York's main contract, light sweet crude for delivery in May, lost 42 cents to 103.56 USD per barrel while Brent North Sea crude for May dipped 50 cents to 114.30 USD.

March 29, 2011 10:16 AM

BSE Sensex gains 130 points in early trade

The Bombay Stock Exchange benchmark Sensex gained 130 points in early trade today, maintaining its upward journey for the sixth consecutive day on sustained capital inflows as falling crude oil prices eased inflationary concerns. The 30-share barometer, which gained over 1,100 points during the past...

March 28, 2011 9:45 PM

India, Africa target $70 bn trade by 2015

India and Africa have set a target to take trade to 70 billion dollars by 2015 on the back of increasing economic engagement between the two sides. Speaking at CII's India-Africa conclave in New Delhi, Commerce and Industry Minister Anand Sharma said, huge potential is available for busines...

March 28, 2011 8:57 PM

Sensex crosses 19k mark in intra trade

The Sensex at the Bombay Stock Exchange crossed the key 19,000 point mark in intra-day trade, on Monday, but after paring its gains, finally ended with a gain of 128 points, or 0.7 percent, at a two-month high of 18,943. The Sensex rose on sustained buying by foreign funds, amid easing crude oil pri...

March 28, 2011 6:28 PM

Sensex up by 128 pts

The Sensex at the Bombay Stock Exchange closed 128 points, or 0.7 percent higher, at 18,943, on Monday. Earlier during the session, the Sensex had crossed the key 19,000-point mark, but could not hold on to those gains. The Nifty at the National Stock Exchange rose 33 points, or 0.6 percent, to 5,68...

March 28, 2011 2:51 PM

Sensex surges 197 points in afternoon trade

The Sensex at the Bombay Stock Exchange surged 197 points, or 1.1 percent, to cross the 19,000-point mark, at 19,013, in afternoon deals, a few minutes ago, amid continued buying by foreign funds and retail investors, on expectations of better fourth quarter corporate results. Earlier, in the mornin...

March 28, 2011 2:23 PM

Sensex up by 165 points in afternoon trade

The Sensex at the Bombay Stock Exchange surged 197 points, or 1.1 percent, to cross the 19,000-point mark, at 19,013, in afternoon deals, a few minutes ago, amid continued buying by foreign funds and retail investors, on expectations of better fourth quarter corporate results. Earlier, in the mornin...

March 28, 2011 12:47 PM

Rupee falls by 11 paise against US dollar in late morning trade

The Indian rupee snapped its winning streak by shedding 11 paise to 44.78 against the US dollar in late morning trade on Monday on renewed dollar demand from banks and importers in view of the firm dollar in overseas markets. At the Interbank Foreign Exchange, the domestic unit moved in a range betw...

March 28, 2011 11:17 AM

Crude oil prices rise in Asian trade

Crude oil prices rose in Asian trade on Monday as the unrest in Libya and the Middle East showed no signs of abating. New York's main contract, light sweet crude for delivery in May, rose 15 cents to 105.55 USD per barrel while Brent North Sea crude for May gained 25 cents to 115.84 USD.

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