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September 17, 2009 12:15 PM
The Rupee gained 26 paise to rise to a new one-month high of 47.97 against the US Dollar in the opening trade on Thursday. Yesterday, the rupee closed 40 paise higher at 48.23. Dealers attributed persistent rise in the rupee to strong rally in equities.
September 17, 2009 11:40 AM
The Rupee gained 26 paise to rise to a new one-month high of 47.97 against the US Dollar in the opening trade on Thursday. Yesterday, the rupee closed 40 paise higher at 48.23. Dealers attributed persistent rise in the rupee to strong rally in equities.
September 17, 2009 11:39 AM
Oil fell slightly in Asian trade on Thursday. New York's light sweet crude fell seven cents to 72.44 dollars a barrel while Brent North Sea crude was five cents lower at 71.62 dollars a barrel.
September 17, 2009 11:39 AM
The Bombay Stock Exchange benchmark Sensex rose by 125 points to quote at 16,802 in opening trade on Thursday. The Sensex was at 16,747 when reports last came in. The wide-based National Stock Exchange index Nifty gained 35 points, to 4,993 points. Hong Kong's Hang Seng rose 1.75 per cent a...
September 17, 2009 7:01 AM
WTO chief Pascal Lamy has said in Geneva that Washington's move to hike tariffs on Chinese-made tyres was a matter of concern that could increase the risk of a tit-for-tat spillover. br/br/The United States last week imposed punitive tariffs of 35 percent on Chinese-made tyre imports a move...
September 17, 2009 6:55 AM
Expressing concern over increasing incidence of frauds in banks, particularly in housing and mortgage loans, the RBI asked CEO-chaired special committees in the banks to be proactive in investigating and monitoring these irregularities.In a notification the RBI said it is a matter of concern that in...
September 17, 2009 4:09 AM
Union Minister Farooq Abdullah, has launched Solarcon India 2009 the global exhibition-cum-conference which is to be held in Hyderabad from November 9-11. br/br/Solarcon is aimed to be an annual international event and is to attract exhibitors and delegates to the three-day event. This year nearly 7...
September 17, 2009 4:06 AM
br/Tanzanian Prime Minister Mizengo Kayanza Peter Pinda, during his day long visit to Gujarat, has expressed his desire to import fertilisers from Gujarat State Fertiliser Company (GSFC). br/br/During his visit to GSFC, a joint venture of farmers, cooperatives and state government,Pinda said he woul...
September 16, 2009 6:10 PM
Asian markets hit their highest levels for 2009, today, after upbeat US economic data gave riskier assets, leveraged to global growth, a boost. Hong Kong's Hang Seng spurted 2.6%; South Korea's KOSPI surged 1.8%; Singapore's Straits Times index rose 1.4%; and Japan&apo...
September 16, 2009 5:31 PM
The Bombay Stock Exchange benchmark Sensex today surged by 222 points to a 16-month high.br/br/The 30-share index gained 222.59 points to close at 16,677.04 points, a level last seen on May 23, 2008.br/br/Brokers said fund-based buying picked up on reports that the global economic recession is almos...
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