Sensex registers modest gain; Crude oil slips

Rebounding smartly from initial lows, the Sensex at the Bombay Stock Exchange ended with a modest gain of 44 points, at 20,169, on Monday.The Nifty at the National Stock Exchange rose 13 points to 6,076.Crude oil fell in Asian trade, on Monday, as the under-pressure dollar made some modest gains aga...

FSDC will resolve all inter-regulatory issues: PFRDA

Interim pension regulator PFRDA on Monday exuded confidence that the proposed Financial Stability and Devolpment Council (FSDC), will resolve all inter-regulatory issues.PFRDA chairman Yogesh Agarwal told reporters on the sidelines of a function in New Delhi that pension regulator is proposed to be ...

Sensex loses 130 pts, trading below 20k

Falling for the third straight session, the Sensex at the Bombay Stock Exchange lost 151 points, to slip below the 20,000-level, at 19,975, in early trade, today, on profit-booking by investors. Remaining weak, the Sensex stood 130 points, or 0.7 percent in the red, at 19,995 a short while ago.Also,...

Coal IPO gets 9 % subscription in 1st hour of its opening

Coal India's initial public offer got subscribed 9 per cent in the first hour of its opening today. The issue, through which centre will be divesting 10 per cent of its stake is expected to mop up 15,000 crore rupees. The initial public offer of the world's largest coal producer is...

Oil prices lower in Asian trade

Rupee depreciates by 20 paise

The Indian rupee depreciated by 20 paise to 44.30 rupees a dollar in the early trade today. In the previous session, the domestic unit had closed flat at a 25-month high of 44.10 a dollar. Dealers said dollar's gain against other Asian currencies and weak opening on the stock markets weighe...

Rupee depreciates by 13 paise

The Indian rupee depreciated by 13 paise to 44.23 rupees a dollar in the early trade today. In the previous session, the domestic unit had closed flat at a25-month high of 44.10 a dollar. Dealers said dollar's gain against other Asian currencies and weak opening on the stock markets weighed...

BSE Sensex down by 150 pts in opening trade

The Bombay Stock Exchange benchmark Sensex fell below the crucial 20,000-level in the early trade today after losing over 150 points to quote at 19,974 points. Analysts said the fall in Sensex is driven by profit-booking. The 30-share barometer was trading at 20,008 down by over 116 points when repo...

IOC hikes petrol prices by 72/L<br/>

Indian Oil Corporation today hiked petrol prices by 72 paise a litre from midnight tonight. IOC sources said after the hike, petrol in Delhi will cost 52 rupees 55 paise a litre and the rate in other cities will vary depending on local taxes and levies.Bharat Petroleum Corporation Ltd had yesterday ...

India offers 34 oil & gas blocks for exploration under NELP

India on Friday offered 34 oil and gas blocks for exploration in the 9th round of New Exploration Licensing Policy (NELP).&quot;Government is offering 34 blocks covering an area of 88,807 square km,&quot; Petroleum Minister Murli Deora said.&quot;Last date for bidding for blocks offered ...