Sensex rises 60 points in opening trade

The Sensex rose nearly 60 points higher in opening trade today as stocks of companies like Reliance Industries and Infosys staged a moderate recovery on emergence of buying by funds. The 30-share index, which had lost over 67 points in the previous two sessions, recovered by 60 points, or 0.34 per c...

Toyota to recall more than 91,000 cars over engine problem

Toyota Motor Corporation will begin to recall a total of 91,903 cars in Japan due to engine problem on Friday. The Japanese automaker today said the recall will cover seven Lexus models including LS600h, and the Toyota Crown. The models subject to recall were made between July 27, 2005 and August 21...

Sensex ends 20 points down

The Sensex at the Bombay Stock Exchange closed with a slim loss of 20 points, or 0.1 percent, at 17,441, after choppy trade, today. The Nifty at the National Stock Exchange fell just 1 point, to 5,236. Stock markets in Japan, China, Hong Kong, South Korea, and Singapore ended mixed.

Planning Commission Deputy Chairman Montek Singh Ahluwalia said that inflation is expected to drop to a comfortable zone by December end. He told reporters that good Moon soon Rains have eased concerns over monsoon performance this year. He said that economic growth rate will be good and cut of fisc...

Rupee weakens by 6 paise against dollar

The Indian rupee depreciated by 6 paise to 46.82 a dollar in early trade at the Interbank Foreign Exchange today. Dollar was stronger against major currencies overseas. The rupee had closed 18 paise lower at 46 rupees 77 paise in the previous session.

Food inflation to come down to 5-6%: FM

The Finance Ministry today said food inflation, which fell steeply by almost four percentage points during the third week of July, will take some time to come down to an acceptable level of 5-6 per cent.Finance Secretary Ashok Chawla's statement came on a day when the Opposition NDA and Lef...

Sensex down by 21 points in early trade

The Bombay Stock Exchange benchmark Sensex dipped by 21 points in early trade today. This follows fresh selling in banking sector stocks after a hike in interest rates. The Sensex, which had lost 48 points in the previous session, fell to 17,440 points in the first five minutes of trading as some of...

Rupee weakens by 6 paise against dollar in early trade

The Indian rupee depreciated by 6 paise to 46.82 a dollar in early trade at the Interbank Foreign Exchange today. Dollar was stronger against major currencies overseas. The rupee had closed 18 paise lower at 46 rupees 77 paise in the previous session.

Sensex down 21 points in early trade

The Bombay Stock Exchange benchmark Sensex dipped by 21 points in early trade today. This follows fresh selling in banking sector stocks after a hike in interest rates. The Sensex, which had lost 48 points in the previous session, fell to 17,440 points in the first five minutes of trading as some of...

ADB approves $40m Loan to Bangladesh