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Sensex falls below 11,000 level PTI - Wed, Oct 8
Mumbai, Oct 8 (PTI) The benchmark Sensex today breached the 11,000 level for the first time since August 2006, with losing little over 730 points in late morning trade following weak global
Rupee falls to nearly six-year low of 48.28 against dollar PTI - Wed, Oct 8
Mumbai, Oct 8 (PTI) The Indian rupee today declined by 35 paise to its nearly six-year low of 48.28 against the US dollar in early trade on sustained capital outflows and rising demand from oil refiners for the greenback amid melting stock markets. At the Interbank Foreign Exchange market (Forex), the Indian currency, which yesterday closed lower by 11 paise at 47.
Sensex tanks over 680 points in opening trade PTI - Wed, Oct 8
Mumbai, Oct 8 (PTI) The Bombay Stock Exchange benchmark Sensex plunged by over 680 points in early trade today following melting global stock markets on deepening worldwide financial crisis.
Medvedev orders release of USD 36 bn loan to ease credit crunch PTI - Tue, Oct 7
Vinay Shukla Moscow, Oct 7 (PTI) Russian President Dmitry Medvedev today ordered the government to urgently release USD 36 billion to the banks to ease credit crunch and restore investors'
India for change in global financial regulatory systems PTI - Tue, Oct 7
United Nations, Oct 7 (PTI) In wake of the global economic crises, India has strongly favoured a change in financial regulatory systems while advocating that developing countries have options to
Ambanis MoU to be produced in HC tomorrow PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) Anil Ambani-led Reliance Natural Resources Ltd (RNRL) would tomorrow place before the Bombay High Court part of the memorandum of understanding between Anil, his brother
Nifty up 4 pts at 3,606.60 pts in volatile trade PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) The market failed to absorb relief measures initiated by the government to tide over the current liquidity crunch as broader index S&P CNX Nifty ended marginally up 4.
IMF cautions on 'piecemeal' approach for global financial crisis PTI - Tue, Oct 7
Washington, Oct 7 (PTI) Hitting out at "piecemeal" interventions to resolve the global financial crisis, IMF has warned that these steps have failed to restore market confidence and decisive
Rupee ends weak at 47.93/94 a dlr after breaching 48 level PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) After hitting the 48-mark for the first time since December 2002, the Indian rupee today closed weaker by 11 paise at 47.
Gold advances by Rs 200 per ten grams in early trade PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) Gold prices today advanced by Rs 200 per ten grams to Rs 13,330 in early trade on the bullion market here on persistent stockists buying in view of festival season coupled
CPI(M) slams SEBI move to relax PN norms PTI - Tue, Oct 7
New Delhi, Oct 7 (PTI) The CPI(M) today slammed market regulator SEBI's decision to relax restrictions on Participatory Notes (PNs), saying it was a "retrograde and illogical" step which should
India criticises UN over financial crisis PTI - Tue, Oct 7
New York, Oct 7 (PTI) India has sharply criticised the United Nations and its affiliated organisations for sitting on the sidelines as the current financial crisis unfolded, saying that the IMF
Sensex back in the red, down 70 pts as profit-taking emerges PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) After rising by over 379 points in early trade, the Bombay Stock Exchange benchmark Sensex fell back to quote in the negative territory with a fall of 70 points at 1115 hrs
Rupee recovers after hitting 48 level in early trade PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) The Indian rupee today crossed the 48-mark but later recovered to 47.76/77 a dollar due to selling of greenback by banks and a recovery in local stocks.
Sensex bounce by 290 points in early trade PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) Notwithstanding the panic situation in global markets, the benchmark Sensex today bounced by 290 at 1015 hours, riding on measures taken by the government to restore
Sensex climbs 379 pts in early trade as regulator eases curbs PTI - Tue, Oct 7
Mumbai, Oct 7 (PTI) Snapping the downward trend, the Bombay Stock Exchange benchmark Sensex shot up by over 379 points in early trade today on revival of buying by FIIs after SEBI eased curbs on
RIL ready to settle gas row with NTPC, but not with RNRL PTI - Mon, Oct 6
Mumbai, Oct 6 (PTI) Mukesh Ambani-led Reliance Industries (RIL) today told Bombay High Court it was willing to resolve the dispute regarding gas supply agreement with NTPC but appeared to be
Lufthansa to pay Rs 2.5 lakh for delay, baggage pilferage PTI - Mon, Oct 6
New Delhi, Oct 6 (PTI) International air carrier Lufthansa has landed in trouble for delay in delivery of a businessman's baggage, which was pilfered, with the State Consumer Commission directing
SEBI does away with curbs on issue of P-Notes by FIIs PTI - Mon, Oct 6
Mumbai, Oct 6 (PTI) In a bid to boost inflow of funds, market regulator SEBI today lifted the 40 per cent cap on issue of Participatory Notes (PNs) by foreign institutional investors (FIIs), a
Rupee ends at 5-1/2-year low of 47.82/83 vs US dollar PTI - Mon, Oct 6
Mumbai, Oct 6 (PTI) A steep fall in share prices following the exodus of foreign funds pulled the Indian rupee down by a whopping 73 paise to its lowest level in 5.5 years of 47.