Sensex down 271 pts to close below 18K

Sensex at the Bombay stock Exchange closed at 17878 today losing 271 points. Nifty closed at 5373 losing 72 points.

Crude rises in Asian trade

Crude rose in Asian trade, following tensions in the oil-rich Gulf region and impact from Japan's nuclear crisis. New York's main contract, light sweet crude for delivery in April, went up to 103 dollar per barrel while Brent North Sea crude for May was up to over 116 dollars.

G-7 agrees to take rare coordinated action to weaken Japanese yen

Finance officials from seven of the world's biggest economies have agreed to take rare coordinated action to weaken the Japanese yen. The yen surged to record levels following last week's earthquake and tsunami and the resulting nuclear emergency in Japan. The Finance leaders from ...

BSE Sensex down by nearly 170 points

The Bombay Stock Exchange benchmark Sensex was down by nearly 170 points in the first 45 minutes of the trading today on emergence of profit booking. Sensex, which opened nearly 110 points high, failed to keep up the momentum and dipped below 18,000 levels by slipping to 17,980 points at 1000 hrs to...

Rupee rises by 13 paise against US dollar

The Indian Rupee rose by 13 paise to Rs 45.05 per US dollar at the Interbank Foreign Exchange today. Forex dealers said, a higher opening in the stock market and dollar losses against other Asian currencies kept the rupee sentiment firm.BSE Sensex recovers by almost 110 points in early tradeThe BSE ...

Crude rises in Asian trade today

Crude rose in Asian trade today, following tensions in the oil-rich Gulf region and impact from Japan's nuclear crisis. New York's main contract, light sweet crude for delivery in April, went up to 103 dollar per barrel while Brent North Sea crude for May was up to over 116 dollars...

Union Cabinet clears State Bank of India (Amendment) Bill

Finance Ministry approves higher interest of 9.5 per cent for depositors with EPFO

The Finance Ministry has approved higher interest of 9.5 per cent for depositors with the Employees' Provident Fund Organisation for the year 2010-11. A recommendation to this effect was made by the EPF Board earlier. The Central Provident Fund Commissioner Samirendra Chatterjee said in New...

RBI hikes key policy rates by 25 basis points

Home and auto loans may cost more as the RBI raised its short-term lending and borrowing rates by 25 basis points each yet again today with a view to check spiralling prices of essential commodities. This is the eighth time since March 2010 the RBI has resorted to policy rate hike to tackle inflatio...

Sensex dips by 208 points on weak Asian cues

The Bombay Stock Exchange index Sensex shed over 200 points on Thursday due to profit-booking in IT, FMCG and Auto sector stocks amid weak Asian cues. The 30-share sensitive index, Sensex of the Bombay Stock Exchange closed at 18149.87, down by 208.82 points. The 30-share index touched a low of 18,1...