Monday, December 31, 2012

Rupee gains 20 paise against dollar in early trade

Rupee gains 20 paise against dollar in early trade

Rupee gains 20 paise against dollar in early trade

Posted: 31 Dec 2012 08:29 PM PST

The rupee rose by 20 paise to trade at 54.79 against the US currency in early trade today on dollar selling by exporters and some banks.

Sensex opens 132pts in New Year

Posted: 31 Dec 2012 08:19 PM PST

Stock markets opened on a promising note on the first trading day of 2013 with the BSE benchmark sensex rising over 132 points in early trade on increased buying by funds as well as retail investors.

Car discounts to continue in 2013

Posted: 31 Dec 2012 04:06 PM PST

Senior car industry executives say that 2013 will again be a tough year for companies as buyer sentiment remains shaky on account of a variety of negative factors, including high interest rates, more running costs and poor economic conditions.

Lower rates could boost economy in 2013

Posted: 31 Dec 2012 03:56 PM PST

After going through a gloomy phase in 2012, the Indian economy is poised to return to a healthy growth trajectory in the early part of 2013-14 on the back of some positive factors.

Current account deficit at record high in Q2

Posted: 31 Dec 2012 03:53 PM PST

India's current account deficit widened to a record high of 5.4% of GDP in the September quarter as export growth slowed more sharply than imports, with a similar gap expected in the December quarter likely to prolong weakness in the rupee.

Last-minute dash in US to avoid cliff

Posted: 31 Dec 2012 03:49 PM PST

Senate Majority Leader Harry Reid said negotiators could reach a US budget deal on Monday that would protect all but top earners from a tax increase at midnight.

Infrastructure sector growth dips to 1.8% in Nov

Posted: 31 Dec 2012 03:21 PM PST

Growth rate of eight core sector industries declined to 1.8% in November, from 7.8% in the same month last year, due to drop in production of coal, natural gas and cement.

DGCA sets tough terms as KFA licence expires

Posted: 31 Dec 2012 03:19 PM PST

The licence of Vijay Mallya's Kingfisher Airlines (KFA) expired on Monday, three months after it stopped flying.

NSE to conduct mock trading on Jan 5

Posted: 31 Dec 2012 06:20 AM PST

Leading bourse National Stock Exchange today said it will conduct mock trading sessions on Saturday in capital market segments.

Fraud trading case: Sebi slaps Rs 7L fine

Posted: 31 Dec 2012 06:06 AM PST

Market regulator today slapped a fine of Rs 7 lakh on four individuals for their alleged role in fraudulent trading practices in the shares of Empower Industries India Ltd (EIIL).

Rupee drops for 2nd consecutive year

Posted: 31 Dec 2012 04:08 AM PST

The rupee fell due to oil-related dollar demand on Monday, ending 2012 with its second consecutive yearly fall.

Sensex declines 18 points on last day of 2012 trading

Posted: 31 Dec 2012 03:00 AM PST

The BSE benchmark Sensex on Monday ended 18 points lower in the last trading session of 2012 as cautious investors reduced their positions amid a weakening global trend.

Govt seeks more information from IKEA

Posted: 31 Dec 2012 01:20 AM PST

An official in the department of industrial policy and promotion (DIPP) said that FIPB has asked IKEA to provide more information regarding its investment plans in India.

Gold a shade higher in futures trade

Posted: 30 Dec 2012 11:06 PM PST

Taking positive cues from the global market, gold prices rose marginally by 0.15 per cent to Rs 31,226 per 10 grams in futures trade on Monday.
Posted by Harshad at 9:06 PM

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