Business

October 26, 2009 2:00 PM

Sensex rises by 120 pts in afternoon trade

The Bombay Stock Exchange benchmark Sensex rose by about 120 points to 16931 in the afternoon trade at 1345 hrs. Similarly, Nifty of National Stocks exchange was trading flat at 5031, up by 34 points. Meanwhile, Hong Kong's index Hang Seng was up 1.75 per cent, while Japan's Nikkei...

October 26, 2009 1:16 PM

Sensex rises by 52 pts in afternoon trade

The Bombay Stock Exchange benchmark Sensex rose by about 52 points to 16863 in the afternoon trade at 1300 hrs on Monday. In the opening trade it gained 57 points but later shed its early gains. Similarly, Nifty of National Stocks exchange was trading flat at 4976. Meanwhile, Hong Kong's in...

October 26, 2009 12:34 PM

Rupee marginally up in opening trade

The Indian rupee rose marginally by 7 paise to quote at 46.57/58 against US dollar in the morning trade on Monday. The rupee had closed 24 paise higher at 46.50/51 against the US unit in the previous session. Forex dealers said expectations of increased capital inflows by foreign funds into equity m...

October 26, 2009 12:08 PM

Sensex sheds early gain

The Bombay Stock Exchange benchmark Sensex rose by about 19 points to 16829 in the noon trade on Monday. In the opening trade it gained 57 points but later shed its early gains. Similarly, Nifty of National Stocks exchange was trading flat at 4996. Meanwhile, Hong Kong's index Hang Seng was...

October 26, 2009 11:38 AM

Sensex up 57 pts in opening trade

The Bombay Stock Exchange benchmark Sensex on Monday rose by about 57 points in opening trade. However, later it shed its early gains and was trading in red. Sensex was down by over 59 points at 16751 when reports last came in. Similarly, Nifty of National Stocks exchange was at 4975, down by over 2...

October 26, 2009 10:57 AM

Rupee marginally up in opening trade

The Indian rupee rose marginally by 2 paise to 46.48 against US dollar in opening trade on Monday. The rupee had closed 24 paise higher at 46.50/51 against the US unit in the previous session. Forex dealers said expectations of increased capital inflows by foreign funds into equity markets in line w...

October 25, 2009 6:38 PM

India keen for treaty to check Black money in Swiss banks :FM

The Finance Minister Mr. Pranab Mukherjee says India is keen to have a comprehensive double taxation treaty with Switzerland to check the stashing of money by Indians in banks there but ruled out any voluntary disclosure scheme for such individuals. He said in New Delhi that all the relevant clauses...

October 25, 2009 6:34 PM

Satyam scam probe :CBI team leaves for Mauritius ,US

A CBI team has left for Mauritius and the United States to probe alleged diversion of funds by disgraced Satyam founder B Ramalinga Raju to these countries. The CBI team, which is probing the 10,000-crore rupee accounting fraud at Satyam Computer Services, has found during its investigations that Ra...

October 24, 2009 12:24 PM

UP raises SAP for sugarcane

The Uttar Pradesh Government has increased State Advised Price, SAP for sugarcane by 25 rupees per quintal for current crushing season. SAP is the rate at which millers buy sugarcane from farmers. The decision was taken at the Cabinet meeting Chaired by Chief Minister Ms. Mayawati. AIR Lucknow corre...

October 24, 2009 9:27 AM

Partners Bank shuts down

The number of US bank failures this year has hit 100 after US federal regulators shut down the Florida-based Partners Bank. The Federal Deposit Insurance Corporation (FDIC) which controls the banking sector, has taken over the bank that held $68.7 million in assets. More US banks have now failed thi...

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