Business

May 20, 2010 9:36 AM

Japanese share market opened in red today

The Japanese share market today opened in red and touched its eleven weeks low at 10,077. However, the Hong Kong's Hang Sang index is trading at point 6 per cent higher. The American and European markets on Wednesday had also ended in red with the US Dow Jones index down by point 63 per cen...

May 19, 2010 8:33 PM

Sensex tumbles 467 points to a three-month low

The Sensex at the Bombay Stock Exchange tumbled 467 points, or 2.8 per cent, to a three-month low of 16,408, on Wednesday, on panic selling by investors. The Nifty at the National Stock Exchange plunged 147 points, or 2.9 percent, to close below the 5,000 level, at 4,920. The domestic markets fell i...

May 19, 2010 6:56 PM

India's merchandise exports up by 36.3 percent in April

India's merchandise exports grew by 36.3 percent to $16.9 billion in April as against 12.4 billion Dollars in the corresponding month a year ago. Commerce Secretary Rahul Khullar said that in April 2009, India's exports had contracted around 30 percent from the year-ago period.The ...

May 19, 2010 6:53 PM

Gold price up by Rs 150

Gold jumped 150 rupees, to 18,450 rupees per ten grams at Delhi's bullion market, on Wednesday. Silver ready also rose 150 rupees, to 29,300 rupees per kilo.

May 19, 2010 6:52 PM

Sensex tumbles down 467 pts, at 3-month low

The Sensex at the Bombay Stock Exchange tumbled 467 points, or 2.8 per cent, to a three-month low of 16,408, on Wednesday, on panic selling by investors. The Nifty at the National Stock Exchange plunged 147 points, or 2.9 percent, to close below the 5,000 level, at 4,920. The domestic markets fell i...

May 19, 2010 6:51 PM

Auction for 3G licence ends on May 19

Auction for 3G licence ended on Wednesday. Highly placed sources said that the bids for pan-India licence may touch 16,828 crore rupees. This the sources said is likely to generate a revenue of 70,000 crore rupees for the centre. This is double the amount earlier expected from the bidding that laste...

May 19, 2010 2:20 PM

Sensex down by around 350 points in noon trade

The Sensex at the Bombay Stock Exchange plunged 231 points, or 1.4 per cent, to 16,645, in opening trade, today, as funds sold heavily, in line with falling global markets. Falling further, the Sensex stood 347 points, or 2.1 percent in the red, at 16,529, a short while ago.Global markets also dropp...

May 19, 2010 1:10 PM

Govt. working on for training the PSU's staff: Steel Secretary

The government today said it is working on a technical collaboration between state-owned Steel Authority of India Limited and Japan's Nippon Steel for training the PSU's staff working on a 70,000-crore rupees capacity expansion programme. Speaking on the sidelines of a function in ...

May 19, 2010 10:32 AM

Rupee 40 paise down against dollar

The Indian rupee depreciated by 40 paise to trade at 11-week low of 45.99 a dollar in early trade today on increased capital outflows and the US currency's gains overseas. The rupee closed higher by 2 paise at 45.60 a dollar in the previous session. Forex dealers attributed the sharp fall i...

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