Business

March 8, 2010 5:55 PM

Sensex gains 108 pts to close at 17,102

The BSE 30-share Sensex ended today at 17,102 with 108 points gain. The Sensex remained firm above the 17,000 mark throughout the day. The Sensex which opened at 17,035, touched the intra day high and low of 17187.55 and 17034.92 respectively. National Stock Exchange's Nifty advanced 35 poi...

March 8, 2010 4:01 PM

Oil breaches USD 82 on US jobs data

Oil breached USD 82 a barrel in Asian trade on Monday, extending last week's rally on a better-than-expected US jobs report, analysts said. New York's main contract, light sweet crude for delivery in April, added 47 cents to USD 81.97 a barrel. It struck an intra-day high of USD 82...

March 8, 2010 1:43 PM

Sensex surges 193 points in opening trade

The Sensex at the Bombay Stock Exchange surged 193 points, or 1.1 per cent, to 17,188 in opening trade, today, amid rising Asian bourses. Remaining firm, the Sensex stood 174 points, or 1 percent in the green, at 17,168, a short while ago. Stock markets in Japan, Hong Kong, South Korea, Singapore, T...

March 8, 2010 10:10 AM

Rupee appreciates by 14 paise

The Indian rupee appreciated by 14 paise to 45.46 a dollar in the early trade today, extending its rally for the sixth straight session, largely on continued capital inflows amid firming Asian currencies. At the Forex market, the rupee strengthened by 14 paise, while the domestic currency closed 21 ...

March 8, 2010 10:07 AM

Sensex surges 193 points in opening trade

The Sensex shot up by 193 points in opening trade today on a flurry of buying by funds, driven by firm Asian bourses. The 30-share index, which had gained 23 points in the previous session, spurted by 193 points, or 1.13 per cent to 17,188 points. The wide-based National Stock Exchange index Nifty a...

March 7, 2010 4:48 PM

FICCI to RBI: Take cue from PM, don't harden monetary policy

Apex industry association FICCI on Sunday has asked the Reserve Bank of India to take a cue from the Prime Minister's instance on inflation and desist from hard monetary policy to guard against rise in interest rates. "I think Prime Minister Manmohan Singh has laid out his roadmap ...

March 7, 2010 4:38 PM

Women working in PSUs more satisfied than in BPO/KPO: Assocham

Women engaged in private sector firms like BPO may be getting fat salaries but their job satisfaction level compared with females employed in public sector undertakings are low, a survey said. "While working women in India find highest levels of job satisfaction in public sector undertaking...

March 6, 2010 5:30 PM

SEBI allows physical delivery in derivatives segment

Capital market regulator, Securities and Exchange Board of India (SEBI), today said that it has decided to allow physical delivery in the derivatives segment but no timeline has been fixed for this. SEBI Chairman, C B Bhave, told this to reporters in Mumbai today after the Board's meeting. ...

March 6, 2010 9:51 AM

Oil prices rebound above $ 82

Oil prices rebounded above 82 US Dollar as the market got a boost from better-than-expected US jobs data. Traders said, New York's main contract, light sweet crude for delivery in April, jumped to a high of 82.07 US Dollars a barrel. It later stood at 81.86 US Dollar, up 1.65 Dollar from pr...

March 5, 2010 7:54 PM

RBI deferred introduction of base rate system

The Reserve Bank of India today deferred the introduction of the base rate system, which will be the new benchmark lending rate for banks, by three months, to July 1. Stating this, RBI Deputy Governor Usha Thorat also said in Mumbai that concerns on the base rate have been sorted out. Earlier, banks...

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