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Stock & Share

Sensex tumbles 145 pts on rise in food inflation

Erasing its’ early gains, the B S E benchmark Sensex nosedived by 145 points at the midsession on Thursday, on emergence of profit-booking on reports of a rise in food inflation. Food inflation for the week ended 27th November, rose to 8.69 per cent from 8.60 per cent in the previous week. The Sensex, which […]

Currency

Rupee inches up against US dollar in early trade

The India Rupee moved up marginally by 1 paise to Rs 45.07 against dollar in the early trade on Thursday at the Interbank Foreign Exchange, supported by dollar’s weakness against other major currencies. Forex traders said that besides dollar’s weakness against other currencies, positive opening at the bourses also supported the rupee. Rupee had ended […]

Stock & Share

Sensex bounces 75 pts up in opening trade

The B S E benchmark Sensex today opened 75 points up on the back of selective buying by funds and retail investors amid better global cues. The 30-share index, which had lost nearly 285 points in the past two sessions, rose by 74.61 points or 0.38 per cent to 19,771.09 points, with oil and gas, […]

Currency

SE Asian countries used for pumping fake Indian currency: Govt

Pakistan is using Malaysia,Thailand and the UAE besides neighbouring nations likeNepal, Bhutan and Sri Lankato smuggle fake currency in the country, Rajya Sabha was informed. Minister of state for Home Affairs Ajay Maken, however, informed the House that Government has not decided to approach the multi-lateral Financial Action Task Force with “hard evidence” linking Pakistan to financial fraud and terror financing. On the […]

Markets

Pitney Bowes India Launches “DocWell”

New Delhi : Pitney Bowes India Pvt Limited launched the much awaited solution – “DocWell” in Indian markets. This solution, which is specially created for the Indian stock broking community, will provide an end-to-end in-house document management solution that manages various customer communications needs like dispatch of contract notes, quarterly statements, Demat statements, etc. to […]

Currency

Rupee tumbles 35 paise against dollar in morning trade

The Indian rupee opened 35 paise low at Rs 44.99 against the US dollar at the Interbank Foreign Exchange Wednesday. Forex dealers said rupee that had been gaining for the last six straight sessions, faltered on weak opening at the stock market, demand for US dollar from importers, and high oil prices that hovered above […]

Stock & Share

Sensex opens 155 pts down on profit-booking

The B S E benchmark Sensex fell by almost 155 points in the opening trade Wednesday, amid profit-booking and a weak trend in the Asian region. The 30-share barometer that had shed 46.67 points in the Tuesday session, declined further by 154.38 points or 0.77 per cent to 19,780.26 points Wednesday, with all the sectoral […]

Markets

Gold, silver continue to shine, hit new historic peaks

Gold and silver prices zoomed to scale new all-time peaks at the bullion market in Mumbai on Tuesday on frenzied speculative buyout and strong global surge. Silver breached the Rs 46,000 a kg mark on hectic buying by stockists, speculators as well as industrial players. The yellow metal also received buying support from jewellers amidst […]

Markets

FTA with EU likely to conclude by March: Anand Sharma

India and 27-nation bloc EU are likely to conclude a comprehensive market opening trade pact by March 2011, Commerce and Industry Minister Anand Sharma, who is leaving for Brussels on Tuesday, said in New Delhi. “The next round of negotiations will be this month. By March, we expect to conclude the negotiations on the free […]

Markets

Up in the Air

Mumbai : Planning parking lots in cities is one of the biggest challenges for builders, town planners, and end users in India, due to limited availability of space. Lack of parking space in cities can be attributed to increasing vehicle sales, increasing population, and ignoring future needs while undertaking town planning. The market for Automated […]