Oil prices drop below 82 dollars in Asian trade

Oil prices fall below 82 dollars a barrel in Asian trade on Monday. New York's light sweet crude was down 1.49 dollars at 81.75 dollars a barrel while Brent North Sea crude fell by 1.11dollars to 84.88 dollars. Analysts said the oil market is reacting to the news about the fraud charges aga...

Rupee down by 25 paise against US dollar in early trade

The Indian rupee depreciated by 25 paise to 44.57 a dollar in early trade on Monday. The rupee closed higher by 11 paise at 44.32/33 a dollar in the previous session.Forex dealers said capital outflows by foreign funds from equities and dollar's strength against other Asian currencies, lead...

Sensex tumbles over 244 points in early trade

The Bombay Stock Exchange benchmark Sensex lost over 244 points in early trade on Monday. The Sensex was trading at 17408, down by over 182 points when reports last came in. Similarly, Nifty of National Stocks exchange was down by over 61 points to quote at 5201. Marketmen said the fall in markets i...

Handicrafts of India shows impressive growth Rate

Google's profit, revenue soars in Q1

Internet search engine giant Google has reported a 38 per cent growth in net income at USD 1.96 billion in the three-month period ending 31st March, 2010 on the back of rising demand.In the year-ago period, the company had a net income of 1.42 billion, Goggle said in a statement.The company&apos...

RBI Gov meets FM ahead of policy; discusses economy

Ahead of the annual monetary policy meet on 20th April, Reserve Bank Governor D Subbarao on Friday held consultations with Finance Minister Pranab Mukherjee and discussed the macro-economic situation."I have come to review the macro-economic situation with the Finance Minister as is customa...

No restrictions on investment in existing unit linked schemes: SEBI

Capital market regulator SEBI today said it was working together with the insurance watch dog to expeditiously find a legally binding resolution on the control of unit linked products and there are no restrictions on investment in existing schemes. SEBI Chairman CB Bhave said on the sidelines of a C...

FICCI pegs FY11 GDP growth at 8.4pc

The economy is likely to expand by 8.4 per cent in the current financial year, with the agricultural sector expected a bounce back in the year, a Ficci survey among economists said. According to the 12 economists participated in the survey, agriculture and allied services are expected to grow by 4 p...

Sensex ends at 17,591

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange lost48 points, or 0.3 percent, to 17,591, on continued selling by investors, amid concerns of a rate hike by the Reserve Bank. The Nifty at the National Stock Exchange shed 11 points, or 0.2 percent, to 5,263.Stock mark...

BSE Sensex trading above 17k

The Sensex at the Bombay Stock Exchange fell 90 points, or 0.5 per cent, to 17,550, in early trade, today, as investors sold stocks amid worries about an impending hike in key policy rates by the Reserve Bank.Remaining subdued, the Sensex, stood 80 points, or 0.5 per cent in the red, at 17,560, a sh...