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September 20, 2010 1:37 PM
The Sensex at the Bombay Stock Exchange rose 98 points, or 0.5 per cent, to a fresh 32-month high of 19,692 in early trade, on Monday morning on continued capital inflows, as foreign funds remained bullish on the India growth story. The Sensex later gained further ground, and stood 184 points, or 0....
September 20, 2010 11:13 AM
The Indian rupee gained 10 paise to trade at 45.73 rupees a dollar against the US dollar in early trade in the foreign exchange market on Monday, in tune with equities which were trading higher on sustained capital inflows. The local currency had closed at three-month high of 45.84 rupees against th...
September 20, 2010 10:17 AM
The Sensex opened higher by over 120 points on emergence of fund buying in realty, banking and capital goods stocks, coupled with a firming trend in other Asian markets on Monday. The 30-share index rose by 120 points to 19,719 points in opening trade. Similarly, the broad-based National Stock Excha...
September 19, 2010 5:58 PM
Reserve Bank of India has said that overseas money transfer agents cannot enter into any exclusive arrangement with Indian entities for transfer of funds into the country. A notification said that exclusivity arrangements limit competition, distort pricing and thereby act as a deterrent to a payment...
September 18, 2010 8:53 PM
4-G Services, now in operation in some European countries, could be introduced in India as a pilot project soon. This was stated by Chairperson of the Telecom Regulatory Authority of India Dr. J.S Sarma. He also said the Mobile Number Portability scheme will become operational from the First of Nove...
September 17, 2010 9:01 PM
The Reserve Bank has raised its key short-term lending rate by 25 basis points and borrowing rate by 50 basis points to check rising prices. The new rates, which come into effect immediately, were announced as part of the first scheduled mid-quarterly review of the monetary policy.The hike in rates ...
September 17, 2010 5:20 PM
The Sensex at the Bomaby Stock Exchange rose 177 points or 0.9 percent to close at 19,595, today. The Nifty at the National Stock Exchange advanced 56 points or 1 percent to 5,885.
September 17, 2010 1:49 PM
After paring some of its early gains, the Sensex still stood 141 points, or 0.7 per cent in the green at 19,559 a short while ago.The Sensex gained 197 points, or 1 per cent, to 19,615 in opening trade this morning amid a positive trend in other Asian bourses.Other Asian markets in Japan, China, Ind...
September 17, 2010 10:19 AM
The Bombay Stock Exchange benchmark Sensex today opened higher by over 197 points on emergence of fund buying in realty, banking and capital goods stocks, coupled with a firming trend in other Asian markets.The 30-share index rose by 197.37 points, or 1.01 per cent, to 19,614.86 points in opening tr...
September 17, 2010 10:19 AM
The rupee strengthened by 8 paise to 46.06 rupees against the dollar at the Interbank Foreign Exchange market in early trade today. The rupee had risen by 21 paise to close at nearly a 6-week high of Rs 46.14/15 against the dollar in the previous session after the RBI hiked key policy rates.
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