Business

October 26, 2010 8:45 PM

FM rules out controlling FII inflows

Government on Tuesday ruled out putting controls on inflows from Foreign Institutional Investors - FII - into the equity market to check the rupee appreciation for now. Replying questions in the economic editors conference in New Delhi the Finance Minister said that RBI may intervene if needed. This...

October 26, 2010 8:34 PM

Centre rules out controls on FII inflows

Government on Tuesday ruled out putting controls on inflows from Foreign Institutional Investors - FII - into the equity market to check the rupee appreciation for now. Replying questions in the economic editors conference in New Delhi the Finance Minister said that RBI may intervene if needed. This...

October 26, 2010 6:27 PM

Gold dips to 19,710 rupees per ten grams<br/>

Gold fell by 70 rupees to 19,710 rupees per ten grams at Delhi&apos;s bullion market, today. Silver fell 100 rupees, to 36,000 rupees per kilo.In London, gold declined to 1,339.60 dollars, an ounce.

October 26, 2010 6:26 PM

Sensex loses 82 points to 20, 221<br/>

The Sensex at the Bombay Stock Exchange lost 82 points to 20, 221 on Tuesday after volatile trade, on profit-booking, and amid weak global markets. The Nifty at the National Stock Exchange fell 24 point to 6,082.Stock markets in Japan, China, Hong Kong, and Singapore declined between 0.1 percent and...

October 26, 2010 5:45 PM

Centre likely to dilute stake in 7 more companies

The government is likely to dilute its stake in 7 more companies this fiscal to meet the target of raising 40,000 crore rupees. This includes 10 per cent disinvestment in Indian Oil Corporation in January and SAIL&apos;s stake sale in February. The public issue of PowerGrid is expected in the se...

October 26, 2010 5:45 PM

FIIs infuse highest amount in Oct<br/>

Foreign Institutional Investors - FIIs - this October, infused the highest amount in any single month. A whopping 6.11 billion US Dollars have been invested by the FIIs in local stocks. In just 25 days this month, the total inflows of FIIs so far in 2010 has crossed 24.48 billion US Dollars mark tha...

October 26, 2010 3:33 PM

Silver futures prices reaches Rs 35,438 per kg

Silver futures prices were up by 262 rupees to 35,438 rupees per kg today. The rise in silver prices was due to increased demand in spot markets ahead of the festive season.Market Analysts said fresh buying by speculators and reports of firming trend in its prices in global markets also supported th...

October 26, 2010 2:06 PM

Sensex stands 0.3 percent in the red

The Sensex at the Bombay Stock Exchange, which had fallen 55 points in opening trade, this morning, on profit-booking, later moved between positive and negative territory, and stood 67 points, or 0.3 percent in the red, at 20,236, a short while ago.Stock markets in Japan, China, Hong Kong, Singapore...

October 26, 2010 1:00 PM

Asian trade sees oil price falling

Oil fell in Asian trade today as traders took profits following a rally in New York brought about by a weak US dollar. New York&apos;s main contract, light sweet crude for December delivery, fell eight cents to 82.44 dollars a barrel. The contract had closed yesterday 83 cents higher at 82.52 do...

October 26, 2010 11:41 AM

Rupee depreciates by 14 paise

The rupee depreciated by 14 paise against the dollar in the early trade today, as the greenback gained against major Asian currencies. At the Foreign Exchange market, the domestic unit fell by 14 paise to 44.49 Rupees a dollar following the appreciation of US dollar against the euro and other Asian ...

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