Business

May 6, 2010 10:39 AM

Rupee down by 17 paise against dollar

The Indian rupee depreciated by 17 paise to 45.10 a dollar in early trade today. The rupee had ended lower by 32 paise at 44.9394 a dollar in the previous session. The depreciation of rupee is due to fund outflows and the US currency's gains overseas.

May 6, 2010 9:53 AM

Sensex falls by over 88 points in opening trade

The Bombay Stock Exchange benchmark Sensex fell by over 88 points in opening trade today. The Sensex was trading at 17005, down by 82 points when reports last came in. Similarly National Stock Exchange index Nifty declined by 23 points to 5101. Brokers said selling pressure continued for the fourth ...

May 5, 2010 7:34 PM

India's exports may cross $170 bn in 2009-10

The government on Tuesday said that the value of India's exports for 2009-10 may fall short of the previous year's figures on account of the global economic downturn, but will cross the USD 170 billion mark.The country's exports in 2008-09 had amounted to USD 185 billion.&...

May 5, 2010 7:34 PM

Sensex ends with modest loss

A smart recovery in late trade, after big initial losses, helped the Sensex at the Bombay Stock Exchange close with a modest loss of 49 points, or 0.3 percent, at 17,088, today. The Nifty at the National Stock Exchange fell 24 points, or 0.5 percent, to 5,125. Trading sentiment was clouded by fears ...

May 5, 2010 2:01 PM

Sensex trading below 17k

The Sensex at the Bombay Stock Exchange tanked 268 points, or 1.6 percent, to slump below the 17,000-point level for the first time since March 5, at 16,869, in opening trade, this morning. Remaining weak, the Sensex stood 222 points, or 1.3 percent in the red, at 16,915, a short while ago. The dome...

May 5, 2010 12:00 PM

Parliament passes Finance Bill

Parliament today passed the finance bill for 2010-11, keeping the hike in duties on fuels intact. Finance Minister Pranab Mukherjee said in the Rajya Sabha that the present fiscal situation did not permit a roll-back. After this, the Upper House returned the Bill to the Lok Sabha, thus completing th...

May 5, 2010 10:14 AM

Rupee down by 36 paise in early trade

The Indian rupee depreciated by 36 paise to 44.97 a dollar in early trade today, its lowest since March 31. The rupee closed lower by 10 paise at 44.62 a dollar in the previous session. Forex dealers said, continued capital outflows by foreign funds from stock market and dollar's strength a...

May 4, 2010 8:33 PM

India's exports may cross $170 bn in 2009-10

The government on Tuesday said that the value of India's exports for 2009-10 may fall short of the previous year's figures on account of the global economic downturn, but will cross the USD 170 billion mark.The country's exports in 2008-09 had amounted to USD 185 billion.&...

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