IMF raises global growth forecast to 4.6%

SEBI guidelines on physical delivery- based settlement by July end

Market regulator Stock and Exchange Board of India says it will frame guidelines on enabling physical delivery- based settlement in the derivative segment by the end of July.SEBI Chairman C B Bhave told reporters in Mumbai that the issue is being discussed between SEBI and stock exchanges. Bhave als...

Sensex up 181 points

The Sensex at the Bombay Stock Exchange jumped 181 points, or 1 percent, to 17,652, amid rising Asian and European markets, today. The Nifty at the National Stock Exchange gained 56 points, or 1.1 percent, to 5,297.

Sensex gains over 200 points in afternoon trade

The Sensex at the Bombay Stock Exchange jumped 229 points, to 17,700, in early trade, this morning, on renewed buying by investors, amid firm global bourses. Remaining firm, the Sensex stood 231 points, or 1.3 percent in the green, at 17,702, a short while ago. Other Asian markets in Japan, China, H...

IMF raises global growth from 4-4.5%

The International Monetary Fund has raised its forecast for global economic growth this year from four per cent to 4.5 per cent. It said the world economy grew strongly in the first part of this year, mainly due to robust growth in Asia. Developed economies maintained a modest but steady recovery in...

Oil prices top 75 Dollar in Asian trade

Oil Prices were near 75 Dollar a barrel in Asian trade today. New York's light sweet crude touched an intra-day high of 75.10 dollars a barrel. Later it eased to trade at 74.75 dollars a barrel, up 68 cents from the previous day. Brent North Sea delivery advanced 68 cents to 74.19 dollars a...

Rupee gains 18 paise against dollar

The Indian rupee appreciated by 18 paise to 46.85 against the US dollar in early trade on the Interbank Foreign Exchange today. The rupee had closed lower by 13 paise at 47.03/04 against the dollar in yesterday's session. Forex dealers said fresh foreign fund capital inflows into equities p...

Sensex recovers by 228 points in early trade

The Bombay Stock Exchange benchmark Sensex recovered by over 228 points in early trade today. The Sensex was trading at 17675, up by over 204 points when reports last came in. Similarly, the wide-based National Stock Exchange's Nifty rose by 62 points to 5,303 points. The rise in Sensex is ...

Sell helmets with bikes: SC to Automobile Manufacturers

Two-wheeler makers will now have to sell a helmet along with their bikes and scooters after the Supreme Court today dismissed a plea by the Society of Indian Automobile Manufacturers against such a step. A bench comprising Justice G S Singhvi and Justice A K Ganguly dismissed the petition filed by t...

Sensex trading red, down by 98 points

The Sensex is trading in red. It is down by 98 points at 17517. The 30-share index, which had gained 173 points in the previous session, opened 55 points lower in the morning as funds and retail investors preferred to book profits after yesterday's rally.Banking, metal and IT stocks came un...