Business

September 28, 2010 9:59 AM

Sensex declines by 12 pts in opening trade

The Bombay Stock Exchange benchmark Sensex declined by over 12 points in opening trade today as funds and investors locked-in gains amid weak global cues. The 30-share barometer, which had gained over 256 points in the last two sessions, fell to 20,104 level in early morning trade. Realty, IT and ba...

September 28, 2010 9:41 AM

The International Monetary Fund has given its strong backing to the British Government's plan for a big squeeze on public spending to cut the country's record budget deficit. A team of IMF officials said, the Government's planned spending cuts and tax rises are necessary t...

September 27, 2010 5:32 PM

Sensex ends at moderate gain of 72 pts <br/>

The Sensex at the Bombay Stock Exchange ended with a moderate gain of 72 points at 20,117, on Monday. The Nifty at the National Stock Exchange added 17 points to close at 6,036.Stocks markets in Japan, China, Hong Kong, South Korea and Singapore rose between 0.7 and 1.4 percent. In Europe also, all ...

September 27, 2010 2:22 PM

Oil prices up in the afternoon Asian trade

Oil prices were higher in the afternoon Asian trade on Monday as a weaker dollar outweighed a bleak US economic outlook. New York&apos;s main contract, light sweet crude rose 11 cents to 76 a US Dolllor barrel while Brent North Sea crude gained three cents to 78.90 US Dollor.

September 27, 2010 1:53 PM

Sensex sheds early gains; up by 161 points in afternoon trade

The Bombay Stock Exchange benchmark Sensex gained over 222 points in the opening trade on Monday. The sensex was trading at 20,206 up by over 161 points a short while ago. The gain in sensex is due to sustained capital inflows from foreign funds driven by firming global markets. In international mar...

September 27, 2010 12:10 PM

Manmohan Singh, Stephen Harper to meet soon: Sharma?

The Prime Minister Dr. Manmohan Singh would meet his Canadian counterpart, Mr. Stephen Harper soon to launch formal negotiations for a Comprehensive Economic-Partnership Agreement (CEPA) between the two countries. This was stated by the Commerce Minister Mr. Anand Sharma while inaugurating the Canad...

September 27, 2010 10:51 AM

Rupee rises by 8 paise against US dollar

The Indian rupee appreciated by 8 paise to 45.17 rupees a dollar in the early trade on Monday. In the previous session, the rupee had gained 40 paise to close at 45.25 rupees a dollar. Forex dealers said that besides fresh foreign capital inflows into the Indian equities, dollar&apos;s weakness ...

September 27, 2010 9:48 AM

Sensex gains 222 points in opening trade

The Bombay Stock Exchange benchmark Sensex gained over 222 points in the opening trade on Monday. The sensex was trading at 20,176, up by over 131 points a short while ago. The gain in sensex is due to sustained capital inflows from foreign funds driven by firming global markets. In international ma...

September 26, 2010 12:43 PM

A report says that corporate India&apos;s overseas investment is likely to see a significant jump in the next few years, as more companies seek to explore newer markets and make strategic moves in crisis-hit developed economies. The Vale Columbia Center on Sustainable International Investment sa...

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