Business

December 29, 2010 10:16 AM

Rupee depreciates by 4 paise against US dollar

The Indian rupee depreciated marginally by 4 paise to 45.13 rupees against the dollar in early trade today. It had ended at 45.09 against the greenback in the previous session. Forex traders said dollar demand from importers and oil companies mainly weighed on the rupee sentiment.

December 29, 2010 9:57 AM

BSE Sensex rises over by 76 points in opening trade

The BSE benchmark Sensex rose by over 76 points in opening trade today. The Sensex was trading at 20,091, up by 66 points a short while ago. The gain in the stock market is due to fresh buying by funds and covering-up of pending short positions ahead of monthly expiry in the derivatives segment tomo...

December 29, 2010 9:52 AM

Lower oil prices in Asian trade

Oil prices were lower in Asian trade today. New York's light sweet crude lost 11 cents to 91.38 dollars per barrel while Brent North Sea crude was down 14 cents to 94.24 dollars a barrel.Analysts said the decline in oil prices was limited as heating oil demand set to stay firm in view of co...

December 28, 2010 8:56 PM

Onion prices remain steady for 2nd day

The onion prices remained steady for the second day at 40 to 50 rupees a kilo in the retail markets of all the metros except Chennai. In Chennai, it soared by 20 rupees per kilo due to lack of adequate supply. Delhi too saw wholesale rate of onion increase by about three rupees a kilo in Azadpur man...

December 28, 2010 5:49 PM

Sensex falls by 4 pts

The Sensex at the Bombay Stock Exchange fell 4 points, to close at 20,025, on Tuesday. The Nifty at the National Stock Exchange fell 2 points, to 5,996.

December 28, 2010 1:43 PM

BSE Sensex stands 12 points in red a short while ago<br/> <br/>

The Sensex at the Bombay Stock Exchange opened 61 points, 0.3 per cent higher, at 20,090, this morning, on the back of selective buying by funds and retail investors. But profit-booking later set in, and the Sensex gave up all its early gains, to stand 12 points, or 0.1 per cent in the red, at 20,01...

December 28, 2010 10:41 AM

Sahay calls upon industrialists to invest in agri-business<br/>

Union Food Processing Minister Subodh Kant Sahay has called upon industrialists to invest in the agri-business. Mr Sahay, who was addressing the AGM of the Merchants Chamber of Commerce in Kolkata on Monday evening, said most farmers were lacking funds to reinvest in their land. He said, the time ha...

December 28, 2010 10:28 AM

Rupee gains seven paise against US dollar

The Indian rupee gained seven paise to 45.17 rupees against the US dollar in early trade today, led by a higher opening in the stock market and weakness of the American currency against its major global rivals. The rupee had ended 12 paise lower at 45.25 against the US dollar in the previous session...

December 28, 2010 10:14 AM

BSE Sensex gains 61 points in opening trade<br/>

The Bombay Stock Exchange benchmark Sensex opened over 61 points higher today on the back of selective buying by funds and retail investors. The 30-share index, which had lost 45 points in the previous session, rose by 61 points, or 0.30 per cent, to 20,090 points in the first few minutes of trade.L...

December 27, 2010 9:32 PM

Govt. to decide on idle coal blocks with 82 firms in Jan

The government today said it would decide next month the fate of captive coal blocks lying idle with 82 companies, including Arcelor Mittal, Tata Steel and NTPC, who have been issued notices for not developing them within the stipulated time. Coal Minister Sriprakash Jaiswal said in New Delhi that h...

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