Rupee up 10 paise vs dollar |
- Rupee up 10 paise vs dollar
- Sensex up 161 points in early trade
- Cabinet defers decision on wheat MSP increase
- Used car sales zoom despite auto slowdown
- Car companies get festive boost, some miss the bus
- Slowdown, policy force Volkswagen to hold India spends
- Govt thought it had sealed a rate cut
- GSM companies get partial spectrum relief
- SBI not to cut lending rates
- Asian factories, US jobs show improvement
- Rupee rises for 3rd day, gains 10 paise
- India's telecom operators win spectrum concession
- Sensex closes 56 points up
- Maruti Suzuki sales up 85% in October
- Kejriwal accusations hurt RIL stock
- Rupee up 8 paise against dollar at 53.72
- Sensex down 44 points in early trade
| Posted: 01 Nov 2012 09:13 PM PDT The rupee today rose by 10 paise to 53.60 against the US dollar in early trade, extending gains for the fourth straight session at the Interbank Foreign Exchange market on the back of increased capital inflows. 
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| Sensex up 161 points in early trade Posted: 01 Nov 2012 09:11 PM PDT The BSE benchmark index Sensex today gained nearly 161 points in early trade on sustained buying by funds and retailers amid a firming trend in the Asian region. 
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| Cabinet defers decision on wheat MSP increase Posted: 01 Nov 2012 02:25 PM PDT In a rare move, the government has asked the Commission for Agricultural Costs and Prices (CACP) to review its suggestion to freeze the minimum support price for wheat at last year's level as it found the recommendation unpalatable in view of the looming elections. 
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| Used car sales zoom despite auto slowdown Posted: 01 Nov 2012 02:21 PM PDT Price hikes, fuel price increases, high interest rates and economic uncertainty - a cocktail of these macro factors has taken the zip out of new car sales in India. 
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| Car companies get festive boost, some miss the bus Posted: 01 Nov 2012 02:16 PM PDT After struggling for the last couple of months, car sales got a boost as festive spirits lifted customer sentiment, leading to higher footfalls at showrooms and better sales. 
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| Slowdown, policy force Volkswagen to hold India spends Posted: 01 Nov 2012 02:14 PM PDT Europe's top carmaker Volkswagen has said it will hold back investments for a third factory and new cars in India till 2015 due to economic slowdown in the country and uncertain policy framework. 
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| Govt thought it had sealed a rate cut Posted: 01 Nov 2012 02:04 PM PDT Finance minister P Chidambaram's disappointment over RBI's decision to hold key policy interest rates may be deeper than what his comments on "walking the path of growth alone" had suggested. 
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| GSM companies get partial spectrum relief Posted: 01 Nov 2012 02:03 PM PDT A ministerial panel on Thursday offered some respite to telecom companies using GSM technology, which can now hope to retain a part of the spectrum in the 900 mega Hertz frequency band instead of the telecom regulator's suggestion to switch to the 1,800 MHz band that is seen to be less efficient. 
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| Posted: 01 Nov 2012 08:14 AM PDT State Bank of India has ruled out any cut in its lending rates due to steep hike in the provisioning for restructured standard assets, a senior bank official said here today. 
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| Asian factories, US jobs show improvement Posted: 01 Nov 2012 07:52 AM PDT Private US firms stepped up hiring last month and factories showed modest improvement, surveys showed Thursday, while Asia's large economies started to pick up after a year of slower growth. 
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| Rupee rises for 3rd day, gains 10 paise Posted: 01 Nov 2012 07:46 AM PDT Rising for the third straight day, the rupee today strengthened by 10 paise to close at 53.70 against the US dollar following firm local stock markets and fresh capital inflows worth over USD 60 million. 
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| India's telecom operators win spectrum concession Posted: 01 Nov 2012 07:41 AM PDT panel of Indian ministers says telecom operators fighting the withdrawal by government of high quality airwaves will be allowed to keep some of their spectrum holdings, according to a government official. 
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| Posted: 01 Nov 2012 04:22 AM PDT The sensex, which had gained 74.53 points in yesterday's trade, opened weak and was down over 60 points weighed down by Reliance Industries, HUL, ITC and Infosys in initial trades. 
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| Maruti Suzuki sales up 85% in October Posted: 31 Oct 2012 11:11 PM PDT The country's largest car maker Maruti Suzuki India (MSI) on Thursday reported 85.46 per cent increase in total sales at 1,03,108 units in October. 
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| Kejriwal accusations hurt RIL stock Posted: 31 Oct 2012 10:52 PM PDT Shares in Reliance Industries Ltd fell as much as 2.1 percent on Thursday, a day after anti-corruption activist Arvind Kejriwal accused the energy conglomerate of hoarding natural gas and exerting pressure on the government to favour it. 
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| Rupee up 8 paise against dollar at 53.72 Posted: 31 Oct 2012 09:43 PM PDT Rising for the third day in a row, the rupee gained 8 paise to 53.72 against the American currency in early trade today at the Interbank Foreign Exchange on sustained dollar selling by exporters. 
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| Sensex down 44 points in early trade Posted: 31 Oct 2012 09:24 PM PDT The BSE benchmark Sensex fell by almost 44 points in early trade today as funds and retail investors preferred to book profits after yesterday's gains. 
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