Business

December 31, 2010 12:52 PM

BSE Sensex gains 93 points in opening trade

The BSE benchmark Sensex today extended its winning streak of past two sessions and opened 93 points higher on the last day of 2010. The 30-share index of the Bombay Stock Exchange, which had gained over 363 points in the previous two sessions, moved to 20,482 levels in the opening trade with all th...

December 31, 2010 12:28 PM

Oil price drops

Oil price dropped in Asian trade today after US data showed the country's crude stocks declined at a smaller-than-expected margin. New York's main contract, light sweet crude dropped 15 cents to 89.69 dollars per barrel in the afternoon. Brent North Sea crude was down three cents a...

December 31, 2010 12:24 PM

Rupee gains 11 paise against US dollar

The rupee gained 11 paise to 44.84 a dollar in early trade at the Interbank Foreign Exchange today. Forex dealers said that besides dollar's weakness against other currencies overseas, higher opening on the stock markets and dollar's selling by exporters kept rupee's senti...

December 31, 2010 11:10 AM

Assocham puts Jharkhand fifth from bottom in implementation of MoUs

A survey by ASSOCHAM has put Jharkhand fifth from the bottom in implementation of MoUs while it stands in the top five in signing MoU with investors in different sectors. This was disclosed by Assocham Secretary General D.S. Rawat while speaking to reporters at Ranchi. A team of Assocham comprising ...

December 31, 2010 10:54 AM

Rupee gains 11 paise against US dollar<br/> <br/>

The rupee gained 11 paise to 44.84 a dollar in early trade at the Interbank Foreign Exchange today. Forex dealers said that besides dollar&apos;s weakness against other currencies overseas, higher opening on the stock markets and dollar&apos;s selling by exporters kept rupee&apos;s senti...

December 31, 2010 10:53 AM

BSE Sensex gains 93 points in opening trade<br/> <br/>

The BSE benchmark Sensex today extended its winning streak of past two sessions and opened 93 points higher on the last day of 2010. The 30-share index of the Bombay Stock Exchange, which had gained over 363 points in the previous two sessions, moved to 20,482 levels in the opening trade with all th...

December 30, 2010 9:42 PM

Cabinet gives green signal to introduction of Bill for amendment of Mines Act

The Union Cabinet on Thursday gave green signal to the introduction of a Bill in the Parliament for the amendment of Mines Act, 1952. The Act provide for the health, safety and well being of persons employed in mining sector making work more humane and to provide for measures to prevent accidents an...

December 30, 2010 6:44 PM

Govt. to allow fresh cotton exports from Jan 11

The government will allow fresh cotton exports of 2.5 million bales from January 11. The registration for the fresh exports begins from Friday. The Directorate General of Foreign Trade (DGFT) in the Commerce Ministry will accept applications for new registrations for seven days till January 6.Commer...

December 30, 2010 6:32 PM

Sensex up by 133 pts

Climbing for the second straight session, the Sensex at the Bombay Stock Exchange gained 133 points, or 0.7 percent, to 20,389, on Thursday, as investors bought stocks with strong fundamentals. The Nifty at the National Stock Exchange rose 42 points, or 0.7 percent, to 6,102.Stock markets in China, ...

December 30, 2010 2:30 PM

Citibank fraud could be of 200 crore rupees

Police investigating the Citibank fraud feel that the amount involved could be of the order of 200 crore rupees they issued a &apos;lookout&apos; notice alerting airports to track the suspects involved in it.Police Commissioner S S Deswal told reporters that Shivraj Puri, Relationship Manage...

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