Business

April 28, 2017 10:24 AM

Rupee weakened by 4 paise against US dollar in early trade

The rupee weakened by 4 paise to 64(point)20 against the US dollar in early trade today on increased month-end demand for the American currency from importers at the Interbank Foreign Exchange.The rupee had eased from a 21-month high to close 5 paise lower at 64.16 against the dollar in yesterday&am...

April 28, 2017 7:53 AM

RBI asks banks to lay down policy defining responsibilities

Reserve Bank has asked banks to lay down a policy defining responsibilites and fixed tenure of the Chief Risk Officer as it seeks to bring uniformity in risk management system of lenders. As part of effective risk management, banks are required to have a system of separation of credit risk managemen...

April 27, 2017 2:13 PM

Govt extends service tax return filing date to April 30

The Centre has extended the last date for filing service tax return by five days to April 30, in a relief to lakhs of service providers. Every registered service tax assessee has to file service tax return in form ST-3 on a half-yearly basis before the due date to avoid penalty.The Central Board of ...

April 27, 2017 10:40 AM

Sensex slips from record

Stock markets came off their peak and turned weak today after three back-to-back sessions of gains. The benchmark Sensex lost 32 points to 30,101 in view of April derivatives expiry.The NSE Nifty was lower by 10 points to 9,342.Among other Asian markets, Hong Kong's Hang Seng shed 0.16 per ...

April 26, 2017 9:25 PM

Sensex surges 190 pts to record closing high of 30,133

The Sensex at the Bombay Stock Exchange surged 190 points, or 0.6 percent, to a record closing high of 30,133, today. The Nifty at the National Stock Exchange gained 45 points, to a fresh lifetime closing peak of 9,352.

April 26, 2017 7:48 PM

SEBI allows options trading in commodities market

Capital market regulator, SEBI has allowed options trading in commodity derivatives. SEBI's board approved the proposal at its meeting in Mumbai, today. Ajay Tyagi, Chairman of the Securities and Exchange Board of India described it as a very big step towards further deepening the commoditi...

April 26, 2017 4:20 PM

Sensex surges 190 pts to record closing high of 30,133

The Sensex at the Bombay Stock Exchange surged 190 points, or 0.6 percent, to a record closing high of 30,133, today. The Nifty at the National Stock Exchange gained 45 points, to a fresh lifetime closing peak of 9,352.

April 26, 2017 2:20 PM

Stock markets continue upward trend; Rupee also gains 29 paise against dollar

At the stock markets, after a positive opening, the Sensex at the Bombay Stock Exchange remained firm, and surged 211 points to 30,154, a short while ago. The Nifty at the National Stock Exchange jumped 57 points to 9,363. And at the foreign exchange market, the rupee appreciated 19 paise to a nearl...

April 26, 2017 1:59 PM

Stock markets continue upward trend; Rupee also gains 29 paise against dollar

At the stock markets, after a positive opening, the Sensex at the Bombay Stock Exchange remained firm, and gained 152 points to 30,096, a short while ago. It had also hit an all-time intra-day high of 30,119.The Nifty at the National Stock Exchange jumped 38 points to 9,345. At the foreign exchange ...

April 26, 2017 1:40 PM

Sensex & Nifty touched all-time highs today

The Sensex and the Nifty touched their all-time highs today. In opening trade, the Sensex at the Bombay Stock Exchange surpassed the previous record high of 30,025, with the Nifty at the National Stock Exchange also hitting a new high of 9,343.At the foreign exchange market, the rupee rallied 29 pai...

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