Sensex gains 371 points, oil and gas stocks rally
Mumbai – A benchmark index of Indian equities markets end! ed Friday’s trade 371.10 points, or 1.79 percent up. The bullish sentiment in the market was seen a day after the government allowed Reliance Industries to charge higher prices for gas from April. The gains came a day after the... read more »
India Inc should keep abreast of changes in society: SEBI chief
New Delhi – The corporate world cannot ignore social and political ha! ppenings in the larger society because the considerations that govern the rest of society will also govern corporates, Securities and Exchange Board of India (SEBI) chairman U.K. Sinha said Friday. “The world has... read more »
Sensex gains 173 points during pre-noon trade
Mumbai – A benchmark index of Indian equities markets gained 173.01 points or 0.84 percent during the pre-noon trade Friday. The rally was led by IT, oil and gas, auto and banking index (bankex) sectors. The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which... read more »
Rupee down 15 paise against dollar
Extending its losses for the fourth straight day, the rupee fell by another 15 paise to 62.29 against the dollar in early trade on Friday on the Interbank Foreign Exchange market due to strengthening of American unit overseas. Dealers attributed the rupee’s fall to dollar rising to five-year... read more »
More from Economy
Sensex closes flat; capital goods stocks plunge
Mumbai – A key index of the Indian equities markets Tuesday closed flat as a result of profit bookings, a day after it rallied 329.89 points, on the back of the recent state election... read more »
Sensex trades flat during pre-noon session
Mumbai – A benchmark index of Indian equities markets! was trading flat at 82.18 points or 0.39 percent down in the pre-noon trade Tuesday. Good buying was seen in IT sector. Selling... read more »
Rupee rises 28 paise to 2-month high at 61.13 against dollar
The rupee surged to its highest level in nearly four months in intra-day trade and fell back to close with a 28 paise gain at 61.13 against the dollar on Monday, boosted by stocks that... read more »
Air India asks employees on sabbatical to return to work or quit
Mumbai -: Five years after it had announced a sabbatical scheme for its staff to reduce the bulging salary bill, national air carrier Air India has asked the employees who had availed the... read more »
Obama pushes for extension of unemployment benefits
Washington – President Barack Obama Saturday urged lawmakers to extend unemployment benefits for millions of unemployed Americans before Christmas to help low-income families and bolster job... read more »