Business

January 12, 2010 10:06 AM

Rupee falls by 16 paise in opening trade

The rupee has depreciated by 16 paise against dollar in early trade on Tuesday as the US currency strengthened against major world currencies.At the Interbank Foreign Exchange (Forex) market, the Indian rupee fell by 16 paise to 45.50 a dollar.Dealers said dollar's gains against other Asian...

January 12, 2010 9:51 AM

Sensex raises 67 pts in early trade

The Bombay Stock Exchange benchmark Sensex on Tuesday rose by 67 points in early trade.The BSE barometer gained 67.33 points at 17,594.04 points largely on the back of strong recovery in technology stocks.The broader National Stock Exchange index Nifty rose by 51.10 points to 5,300.50 points.

January 11, 2010 9:50 PM

Sensex closes with marginal loss

The Sensex at the Bombay Stock Exchange closed with a small loss of 14 points, or 0.1 per cent, at 17,527, today. But the Nifty at the National Stock Exchange managed to gain 5 points, or 0.1 percent, to 5,249. Stock markets in China, Hong Kong, and Singapore rose about 0.5 percent, each. Gold rose ...

January 11, 2010 9:03 PM

China overtakes US to become world's biggest car and van market

China has said it overtook the United States to become the world's biggest car and van market in 2009. The China Association of Automobile Manufacturers said 13.6 million vehicles were sold within the country last year. That compares with just over 10 million vehicles in the US, which was p...

January 11, 2010 6:53 PM

Govt may extend white sugar import till December

The government on Monday said it may extend the white sugar import window up to December this year to help increase availability and contain prices of the sweetener, whose retail rate is rallying closer to 50 rupees a kg in Delhi. Food and Agriculture Minister Sharad Pawar said on Monday that the re...

January 11, 2010 6:00 PM

Sensex closes with marginal loss

The Sensex at the Bombay Stock Exchange closed with a small loss of 14 points, or 0.1 per cent, at 17,527, after profit-booking erased initial gains, today. But the Nifty at the National Stock Exchange managed to rise 5 points, or 0.1 percent, to 5,249. Stock markets in China, Hong Kong and Singapor...

January 11, 2010 2:29 PM

India's exports rise to 14.6 bn US dollars in December

The country's exports in December have grown to 14.6 billion US dollars, up 9.4 per cent over November. Commerce and Industry minister Anand Sharma said in New Delhi on Monday that exports grew due to the strong growth in pharma, engineering and auto components sectors.Mr Sharma said althou...

January 11, 2010 12:36 PM

Sensex slides after early gains

The Bombay Stock Exchange benchmark Sensex on Monday jumped by 236 points, in opening trade on fresh buying in heavyweight stocks by foreign funds.The 30-share index rose by 236.28 points to 17,776.57 points. The BSE barometer had lost over 160 points in the past two sessions.The wide-based National...

January 11, 2010 10:26 AM

Rupee at 15-month high in early trade

The rupee appreciated by 37 paise to rise to a 15-month high in early trade on Monday. At the Interbank Foreign Exchange (Forex) market, the rupee appreciated by 37 paise to 45.38 a dollar, the highest since September 2008.Dealers said the dollar's losses against other Asian currencies and ...

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