Business

November 11, 2017 5:55 AM

Price of new series of SGBs fixed at ?2,961 per gram

The price of the new series of Sovereign Gold Bonds (SGBs) which will open on Monday, has been fixed at 2,961 rupees per gram. Finance Ministry in a statement said, the government, in consultation with the RBI, has decided to offer a discount of 50 rupees per gram to investors applying online and ma...

November 10, 2017 7:43 PM

Industrial output rises 3.8 per cent in September

The country' industrial output rose three point eight per cent in September this year. Factory output measured in terms of the Index of Industrial Production had increased 5 per cent in September last year, and 4.5 per cent in August this year. Data released by the Central Statistics Office...

November 9, 2017 5:41 AM

Govt doubles import duty on wheat to 20%

The government has doubled the import duty on wheat to 20 per cent to curb cheap shipments and give positive price signal to farmers in the ongoing Rabi season. It has also imposed import duty of 50 per cent on peas to check cheaper shipments from countries like Canada and to boost domestic prices. ...

November 8, 2017 4:52 PM

Sensex down by152 points to close at 33,219

The Sensex at the Bombay Stock Exchange lost 152 points, or 0.5 percent, to close at 33,219, today. The Nifty at the National Stock Exchange fell 47 points, or 0.5 percent, to 10,303.

November 8, 2017 12:52 PM

Rupee down 6 paise Vs USD in late morning deals

The rupee pared its early losses in late morning deals to trade at 65(point)09 per dollar, still down by 6 paise due to persistent demand for the greenback from importers and banks. The rupee opened lower at 65.13 per dollar as against yesterday's closing level of 65.03 per dollar at the in...

November 8, 2017 12:15 PM

Rupee down 6 paise Vs USD in late morning deals

The rupee pared its early losses in late morning deals to trade at 65.09 per dollar, still down by 6 paise due to persistent demand for the greenback from importers and banks. The rupee opened lower at 65.13 per dollar as against yesterday's closing level of 65.03 per dollar at the interban...

November 7, 2017 8:52 PM

Sensex loses 360 points; Nifty slips 102 points

Falling from a record high, the Sensex at the Bombay Stock Exchange lost 360 points, or one point one percent, to close at 33,371, today. The Nifty at the National Stock Exchange slipped 102 points, or 1 percent, to 10,350.

November 7, 2017 4:34 PM

Only 83 per cent effective currency in circulation today: Finance ministry

The Finance Ministry has said, demonetisation has helped in flushing out black money, eliminating fake notes and reducing cash in circulation. In a tweet, the Ministry yesterday said, the total currency in circulation has come down to almost 15 lakh crore rupees as of 4th August from around 18 lakh ...

November 7, 2017 12:51 PM

Senex trades lower by 80 pts in late morning deals <br/>

The Sensex at the Bombay Stock Exchange was trading lower by 80 points at 33,650 in late morning deals.Earlier, the 30-share index gained 122 points to hit all-time high of 33,853 in the opening trade, breaching its previous intra-day record of 33,848 reached on Monday. On the other hand, Nifty fell...

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