Sensex on Tuesday tanked another 305 points to close at 5-month low of 18,022.22 on heavy fund outflows over concerns that rising input costs, inflation and hike in interest rates will trim corporate earnings. The selling pressure also gathered momentum on investor worries that unrest in Egypt could spread to other parts of the Middle […]
The Indian rupee fell by 21 paise to a two-month low of Rs 45.97 per US dollar in early trade on Monday, weighed down by the gains registered by the greenback against other major currencies. Dealers said the rupee weakness was due to the dollar gains against other Asian currencies, coupled with a weak opening […]
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