Sensex, Nifty up in early trades, Market opens at 9 am

The Bombay Stock Exchange benchmark Sensex on Tuesday rose by 72 points, in early trade with markets opening at 0900 hrs on the first trading session in the New Year. The Sensex moved up to 17,537.32 points in choppy opening trade. The broader National Stock Exchange Nifty gained 23 points to trade ...

Rupee gains 7 paise against dollar in early trade

Rupee has gained 7 paise against the US currency in early trade on increased capital inflows into stock markets in line with firming global cues. At the Interbank Foreign Exchange (Forex) market, the local unit appreciated to 46.54 a dollar. The rupee had ended 8 paise lower at 46.61 in the previous...

Sensex, Nifty up in early trades, Market opens at 9 am

The Bombay Stock Exchange benchmark Sensex gained over 70 points in opening trade on Monday on the first trading session in the New Year. Sensex was up by 42. 84 points, trading at 17507.65 while Nifty was trading, 13.45 points up at 5214.50 when news last came in. Dalal Street started the day an ho...

Shipping ministry to hold hi-level meeting to discuss proposed port workers' strike

The shipping Ministry has called a high level meeting in New Delhi tomorrow in view of the proposed nation wide indefinite strike called by port Unions. The Union Minister of state for shipping Mr. Mukul Ray said in West Bengal that representatives of port authorities across the country and the Unio...

Wheat sown in less area in Punjab than earlier

A slew of feel-good news greeted India Inc on the New Year Day with November exports showing signs of scripting a turnaround story and December auto sales zooming, further cementing hopes of a gala 2010. Boosting the sentiment, leading bankers allayed fears of an imminent interest rate hike in the w...

Pranab expresses hope GDP growth will cross 7.5 %

Finance Minister Pranab Mukherjee has said that a balance has to be struck on the issue of continuing of the stimulus packages. Addressing a function organised by the Indo-American Chamber of Commerce in Kolkata yesterday, Mr. Mukherjee said stimulus package should not be prolonged so as to make pub...

IRDA to come with initial public offer guidelines

The Insurance Regulatory and Development Authority, IRDA today said it will come with initial public offer guidelines for the insurance sector within a fortnight to allow companies to raise funds from the capital market. IRDA member R Kannan told PTI that it has been working on the guidelines along ...

The New Year began on a good note for India's exporting sector. Exports in November 2009 increased to 13.19 billion US dollar from 11.16 billion US dollar a year ago marking a trend reversal of decline . Imports remained in the negative zone declining by 2.6 per cent to 22.88 billion US dol...

FM against any hasty withdrawal of stimulus measures

The Finance Minister Mr. Pranab Mukherjee said that a balance has to be struck on the issue of continuing of the stimulus packages. Addressing the Indo-American Chamber of Commerce in Kolkata on Thursday, Mr. Mukherjee said that stimulus package should not be prolonged so as to make public debt hard...