BSE Sensex down by 347 points in mid session

The Bombay Stock Exchange benchmark Sensex lost 347 points in mid session following sustained selling triggered by weak global markets.The 30-share index, which opened at 20476 points, fell further to 20,241 points. The wide-based National Stock Exchange index Nifty also declined by 101 to 6,093.45 ...

Crude oil falls in Asian trade

Crude fell in Asian trade today as a firmer dollar discouraged investors from buying oil futures.New York's main contract, light sweet crude for December delivery fell 96 cents to 86.85 dollars a barrel.Brent North Sea crude for December delivery dropped 69 cents to 88.12 dollars a barrel.C...

Rupee down by 26 paise against US dollar

The rupee weakened by 26 paise to 44.57 rupees against the US dollar in the early trade at the Interbank Foreign Exchange today. The American currency firmed up against other international currencies.Besides, demand for dollars from importers and weak sentiment on the stock markets pushed down the r...

BSE Sensex down by 113 points in opening trade

Continuing its slide for the third straight session, the Bombay Stock Exchange benchmark Sensex lost 113 points in opening trade. This follows sustained selling triggered by weak global markets.The 30-share index, which had lost 343 points in the previous two sessions, fell further to 20,476 points,...

Pranab urges banks to help achieve goal of inclusive growth<br/>

Finance minister Pranab Mukherjee today urged banks to work and help the government achieve its goal of inclusive growth through financial inclusion. Speaking on the occasion of 92nd foundation day of Union Bank of India in New Delhi, Mr. Mukherjee said banks should step up their efforts for financi...

Gold rose 130 rupees, to regain its peak level of 20,600 rupees per ten gram at Delhi&apos;s bullion market, today, on buying for the wedding session, amid a firm global trend. But silver fell 50 rupees, to 40,800 rupees per kilo on reduced off take by industrial units.In the overseas markets, g...

Sensex slumps 287 pts

Falling for the second straight session, the Sensex at the Bombay Stock Exchange slumped 287 points, or 1.4 percent, to 20,589.The Nifty at the National Stock Exchange shed 81 points, or 1.3 percent, to 6,194.

Sensex down 89 points in afternoon trade<br/><br/>

Erasing all its early gains, the Sensex at the Bombay Stock Exchange fell 89 points, or 0.4 percent, to 20,787, in afternoon trade, a short while ago, on profit-booking by investors, and amid some mixed quarterly corporate results. Earlier in the morning, the Sensex had opened 60 points higher, at 2...

Food inflation falls to 12.30 pc

Food inflation fell by 0.55 percentage point to 12.30 per cent for the week ended October 30. It has shown a downward movement for the fourth straight week. The food inflation was12.85 per cent in the previous week. The decline in the food inflation is due to improved supply of items. While most foo...

Global financial crisis had impact on India's power sector