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November 3, 2010 5:52 PM
The Sensex at the Bombay Stock Exchange gained 120 points, or 0.6 percent, to 20,466, on improved corporate earnings and firm Asian markets, today. The Sensex had added 193 points at the day's high, and gained 80 points at the day's low. The Nifty at the National Stock Exchange add...
November 3, 2010 1:40 PM
The Sensex at the Bombay Stock Exchange, which had gained 175 points in early trade, today, later eased somewhat, but still stood 143 points, or 0.7 percent in the green, at 20,489, a short while ago. Good second quarter domestic corporate results, expectations that the Reserve Bank's rate ...
November 3, 2010 1:18 PM
The Reserve Bank of India made the norms for housing loans more stringent to curb the excessive borrowing that has pushed property prices in most metros. The Apex bank has set the ceiling limit on housing loans to 80 per cent of the property value which means a buyer will be entitled to borrow up to...
November 3, 2010 1:05 PM
Stock market continues to trade in green. Sensex which recovered by over 175 points in early trade today later lost 7 points in the noon trade a short while ago. The 30-share index was 0.83 per cent up at 20,514 points with all the sectoral indices trading in the positive territory. The wide-based N...
November 3, 2010 10:17 AM
The rupee strengthened by 12 paise to 44 rupees 25 paise against the US dollar in the morning trade today. Traders said besides dollar's losses against the euro and other Asian currencies, fresh capital inflows into equities by foreign funds kept the rupee sentiment firm.The rupee had gaine...
November 3, 2010 10:17 AM
The Bombay Stock Exchange benchmark Sensex today recovered by over 175 points in early trade. This follows buying by funds in frontline shares amid strong global cues.The 30-share index rose by 0.86 per cent to 20,521 points with all the sectoral indices trading in the positive territory. The index ...
November 2, 2010 9:05 PM
The Telecom Regulatory Authority of India - TRAI- has released a consultation paper on Issues relating to blocking of International Mobile Equipment Identity - IMEI - for lost /stolen mobile handsets. An official release says, the mobile phone theft is a serious concern to the consumers, specially b...
November 2, 2010 9:04 PM
Concerned that excessive lending for home loans and rising realty prices may create a financial crisis, RBI today directed banks to keep more funds aside as a cushion for advances of Rs. 75 lakh and above, sending realty stocks into a tailspin. Thus, banks will now have to keep more money aside for ...
November 2, 2010 8:24 PM
The Reserve Bank today hiked its key short-term lending and borrowing rates by 25 basis points each with immediate effect to rein in inflation. The move could increase banks' commercial lending rates. Accordingly, the short term lending rate or repo rate stands at 6.25 per cent and the borr...
November 2, 2010 7:14 PM
State owned Oil and Natural Gas Corporation plans to invest ten billion US Dollars in production and exploration of gas in the East Coast. Director, Exploration of ONGC D.K. Panda said in New Delhi that the Corporation is aiming to develop finds in Krishna Godhavari basin. He added that the block ha...
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