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India's forex reserves zoom $2.79 bn to $309.44 bn

India's forex reserves zoom $2.79 bn to $309.44 bn

Last Updated: Friday, April 18, 2014, 22:47

India's forex reserves jumped on the back of a healthy rise in currency assets.

Market eludes brief correction; Nifty rallies 104 pts

Market eludes brief correction; Nifty rallies 104 pts

Last Updated: Thursday, April 17, 2014, 21:54

Bourses enjoyed a broad-based stellar rally, as investors sentiment weighed on the heels of upbeat quarterly earnings from the technology majors.

Rupee up 8 paise against dollar at 60.29

Rupee up 8 paise against dollar at 60.29

Last Updated: Thursday, April 17, 2014, 19:50

The rupee on Thursday gained by 8 paise to close the day at 60.29 against the dollar in line with the surge in stock markets, breaking three-day losing streak.

Sebi working on revised listing agreement norms

Sebi working on revised listing agreement norms

Last Updated: Thursday, April 17, 2014, 18:54

To promote good business practices, capital market watchdog Sebi is working on revised listing agreement norms that would include enhanced corporate governance provisions.

India's software market grew at 10% in 2013: Research

India's software market grew at 10% in 2013: Research

Last Updated: Thursday, April 17, 2014, 18:51

India's software revenue grossed 4.76 billion dollars in 2013, a 10 percentile increase from 2012 revenue of 4.334 billion dollars, research firm Gartner has revealed.

Gold price remains up on sustained buying; silver recovers

Gold price remains up on sustained buying; silver recovers

Last Updated: Thursday, April 17, 2014, 15:42

Gold prices advanced further by Rs 120 to Rs 30,250 per 10 grams in the national capital Thursday on sustained buying by stockists and jewellers to meet the ongoing marriage season demand.

Rupee trims gains, trades flat at 60.36 against dollar

Rupee trims gains, trades flat at 60.36 against dollar

Last Updated: Thursday, April 17, 2014, 10:14

The domestic unit hovered in a range of 60.37-60.26 per dollar during morning trade.

IT stocks fall up to 3.2% ahead of TCS results

Last Updated: Wednesday, April 16, 2014, 22:15

IT stocks Wednesday fell up to 3.2 percent due to intense selling pressure following a muted guidance from Infosys in its fourth quarter results.

RBI for independent body for forex benchmark rate

Last Updated: Wednesday, April 16, 2014, 22:13

The Reserve Bank Wednesday suggested setting up of an independent body for recommending benchmark foreign exchange rate to avoid any possibility of manipulation by bankers.

SEBI probes companies, global banks for round tripping

Last Updated: Wednesday, April 16, 2014, 19:27

Capital market watchdog SEBI is probing at least three large global banks and many Indian companies for alleged round tripping of funds by way of multi-layered transactions.

Oil stocks fall after petrol price cut

Last Updated: Wednesday, April 16, 2014, 18:49

Shares of oil marketing companies -- HPCL, BPCL and Indian Oil Corp-- fell Wednesday by up to 3.5 percent after the price of petrol was cut by 70 paise a litre.

Rupee at 3-week closing low of 60.37 against dollar

Last Updated: Wednesday, April 16, 2014, 18:18

The rupee Wednesday lost 14 paise to register its three-week closing low of 60.37 against the dollar amid capital outflows and continuing demand for the US currency from oil refiners.