Gold rules steady; Silver spurts by 500 rupees

Gold held steady at 21,000 rupees per ten grams at Delhi's bullion market, on Monday, on lack of buying at existing higher levels. But silver spurted 500 rupees, to a fresh all-time peak of 45,200 rupees per kilo, on buying by jewellers and industrial units for the ongoing marriage season. ...

SBI raises deposit rates by up to 1.5 per cent

In a move that will provide better returns on fixed deposits, the country's largest lender, State Bank of India on Monday raised deposit rates by up to 1.5 per cent, across various maturities, with effect from Tuesday. According to an official release, SBI will offer a maximum interest rate...

India-France sign 2 agreements to enhance business ties

India and France today signed two agreements to enhance business ties. Under the agreement French Tyre Company Michelin Tyres will invest one billion US Dollar to set up a production unit in Tamil Nadu. A Memorandum of Understanding was signed for the same between Michelin Tyres and the Government o...

State-owned Oil and Natural Gas Corp (ONGC) will sign an agreement for taking the 25 per cent stake in Kazakhstan's Satpayev oil field by end of February 2011. Petroleum Secretary S Sundareshan said on Monday in New Delhi that nuts and bolt of the agreement are being discussed. Mr Sundaresh...

Sensex fails to hold 20 K level; Closes at 19981

Erasing almost all its initial gains on fag-end selling, the Sensex at the Bombay Stock Exchange failed to hold the 20,000-level, and closed with a marginal gain of 14 points, or 0.1 percent, at 19,981, today, on profit-booking, amid a subdued global trend. The Nifty at the National Stock Exchange d...

Additional quantum of interest on EPF deposits to be exempted from income tax

The additional quantum of interest on Employees Provident Fund deposits would be exempted from income tax. Minister of State for Labour and Employment Harish Rawat said this in a written reply to the Lok Sabha on Monday. He further said the matter has been discussed with Finance Ministry and they ha...

Sensex gains marginally; Closes at 19981

Erasing almost all its initial gains, the Sensex at the Bombay Stock Exchange closed just 14 points, or 0.1 percent higher, at 19,981on Monday. But the Nifty at the National Stock Exchange declined 1 point, to 5,992.

BSE Sensex up 171 points in noon trade<br/>

The Sensex at the Bombay Stock Exchange, which had opened 135 points higher, to again cross the psychological 20,000 level, this morning, later firmed up further, to stand 171 points, or 0.9 percent in the green, at 20,138, in afternoon trade, a short while ago. Fresh buying by funds, amid largely p...

Oil prices gain in Asian trade

Oil prices were higher in Asian trade today. New York&apos;s light sweet crude gained 14 cents to 89.33 dollars a barrel while Brent North Sea crude was up 17 cents to 91.59 dollars a barrel. Analysts said crude markets continued their rally after hitting the highest levels in more than two year...

BSE Sensex up by 220 pts, touches 20K mark

The Bombay Stocks Exchange benchmark Sensex opened 135 points up and touched the psychological 20,000 level in the early trade today. It was trading at 20187, up by over 220 points a short while ago. Analysts said the gain in sensex is due to fresh buying in metal, oil and gas, and IT sector stocks ...