Mumbai : The BSE benchmark Sensex on Tuesday rose by nearly 152 points in early trade, extending gains for the fourth straight session on buying by funds and retail investors as rupee recovered from record lows and gained 17 paise against the US dollar in forex market. In addition, a firming trend on other Asian […]
Mumbai : After rising over 140 points intra- day, the BSE benchmark Sensex finally closed with a meagre gain of 30 points amid hectic selling in the last hour of trade triggered by the rupee moving towards its record lows against the dollar. The 30-share Sensex, which climbed to day’s high of 16,298.39 led by […]
Mumbai : The rupee on Monday tumbled to an all-time low of 54.99 a dollar, just one paise short of the psychological 55 level in pre-close trade due to increased demand for the American currency from banks and importers. The local unit resumed lower at 54.70 a dollar at the Interbank Foreign Exchange (Forex) Market […]
Mumbai : The BSE benchmark Sensex on Monday rose by over 76 points in early trade, extending gains for the second straight session on increased buying by funds and retailers amid strong corporate earnings. The 30-share barometer, which had gained 82.27 points in Friday’s trade, surged 76.53 points, or 0.47 percent, to 16,229.28 led by […]
New Delhi : Finance Minister Pranab Mukherjee has said, the steep fall in the rupee was a matter of great concern and the Centre was trying to resolve the situation. Addressing the media in Kolkata today, he said, this situation is due to the Eurozone crisis. Mr. Mukherjee said, there is also currency crisis in […]
Mumbai : Amid a weak stock market, seven of top 10 Sensex companies lost Rs 27,649 crore in their combined market valuations with Coal India taking the biggest hit of Rs 7,138 crore last week. State-owned CIL’s market capitalisation (m-cap) dropped by Rs 7,138 crore to Rs 1,91,480 crore last week. CIL had on Friday […]
New Delhi : Finance Minister Pranab Mukherjee on Sunday said the steep fall in the rupee was a matter of great concern and the Centre was trying to resolve the situation. “It is a matter of great concern. We are watching the situation. The Centre is not (sitting) idle. We are trying to resolve (the […]
US : An American firm is to become the first private company to send a supply craft to the international space station. An unmanned capsule made by SpaceX company will be launched from Cape Canaveral in Florida carrying half a tonne of food and equipment to the station. It will be the first time the […]
New Delhi : India and the United Arab Emirates have decided to set up a high-level joint task force on investment which will also look into securing more oil supplies from UAE. Managing Director of the Abu Dhabi Investment Authority Sheikh Hamad bin Zayed al Nahyan and India’s Commerce and Industries Minister Anand Sharma will […]
Mumbai : To increase the outreach of banking facilities to smaller centres and establishment of Automated Teller Machines (ATMs) in such centres, Reserve Bank of India has issued draft guidelines to permit non-banks to set up ATMs in such centres. Minister of State for Finance Namo Narain Meena in a written reply in the Lok […]
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