Business

June 22, 2010 11:45 AM

Rupee weakens 13 paise against US dollar in early trade

The rupee lost 13 paise against the dollar to trade at 45.88 in early trade on Monday on capital outflows by foreign funds from equity markets. Dealers said fresh capital outflows by foreign funds from equities in tandem with weak Asian markets mainly dampened the rupee sentiment. The dollar&apo...

June 22, 2010 11:38 AM

Sensex opens 90 points lower

The Bombay Stock Exchange benchmark Sensex on Tuesday opened over 90 points lower on emergence of profit booking at higher levels amid weak Asian cues.The 30-share index, which had gained 305.73 points in the previous sessions, fell by 90.47 points, or 0.50 per cent, to 17,786.08 points in the first...

June 22, 2010 10:31 AM

Sensex opens 90 points lower

The Bombay Stock Exchange benchmark Sensex on Tuesday opened over 90 points lower on emergence of profit booking at higher levels amid weak Asian cues.The 30-share index, which had gained 305.73 points in the previous sessions, fell by 90.47 points, or 0.50 per cent, to 17,786.08 points in the first...

June 21, 2010 6:53 PM

Growing economies India, UAE have good growth prospects

The Ambassador of India to the United Arab Emirates (UAE), Mr. M K Lokesh has said that India and UAE are the growing economies and if both join hands together, the prospects growth will be tremendous. Speaking at a function last evening after opening a representative office of Canara Bank in Sharja...

June 21, 2010 6:51 PM

Sensex spurts 306 points to 17877

The Sensex at the Bombay Stock Exchange spurted 306 points, or 1.7 per cent, to 17,877, amid firm Asian and European markets, today. The Nifty at the National Stock Exchange jumped 91 points, or 1.7 percent, to 5,353.

June 21, 2010 6:50 PM

Gold glitters at 19415 per 10 gm, silver rises to 30150 per kilo

Gold prices extended gains for the fourth straight session, rising 20 rupees, to 19,145 rupees per ten grams at Delhi's bullion market, today. Silver ready rose 50 rupees, to 30,150 rupees per kilo.In the international market, gold rose to a new record high of 1,263.90 dollars an ounce, as ...

June 21, 2010 6:18 PM

Centre urges states to rationalize VAT on petrol, diesel

Centre has called upon the state governments to reduce and rationalize Value Added Tax, VAT, on Petrol and Diesel. In a letter to the Chief Ministers of various states, Union Petroleum and Natural Gas Minister, Murli Deora has said that imposition of VAT on add valorem basis aggravates the impact of...

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