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Rupee rises for 3rd straight week; ends at 60.47 Vs USD

Rupee rises for 3rd straight week; ends at 60.47 Vs USD

Last Updated: Saturday, August 23, 2014, 16:14

In straight three weeks, rupee has gained 71 paise or 1.16 percent.

Weekly review: Sensex, Nifty hit new highs on slew of positive factors

Weekly review: Sensex, Nifty hit new highs on slew of positive factors

Last Updated: Saturday, August 23, 2014, 15:03

The NSE 50-share Nifty gained 121.50 points, or 1.56 percent to log its record closing high of 7,913.20. It registered an intra-day new peak of 7,929.05.

US stocks end mostly down on Fed speech, Ukraine fears

US stocks end mostly down on Fed speech, Ukraine fears

Last Updated: Saturday, August 23, 2014, 13:14

Wall Street stocks Friday finished mostly lower followed a cautious appraisal of the US jobs market by Fed Chair Janet Yellen and a sharpening of tensions over Ukraine.

US labor market has yet to fully recover: Yellen

US labor market has yet to fully recover: Yellen

Last Updated: Friday, August 22, 2014, 20:33

Federal Reserve chief Janet Yellen said on Friday that the US jobs market has not yet fully recovered, but acknowledged that data is sending mixed signals, spurring debate over inflationary pressures.

Rupee rebounds 20 paise to end over 3-week high Vs USD at 60.47

Rupee rebounds 20 paise to end over 3-week high Vs USD at 60.47

Last Updated: Friday, August 22, 2014, 18:14

The Indian rupee on Friday rebounded 20 paise to end at over three-week high of 60.47 against the Greenback following strong local equities and capital inflows.

Nifty logs new closing peak of 7,913.20; Sensex ends at 26,419.55

Last Updated: Friday, August 22, 2014, 16:21

The benchmark BSE Sensex rose 59 points to end at 26,419.55.

I-T department exposes huge tax evasion through open offers

I-T department exposes huge tax evasion through open offers

Last Updated: Friday, August 22, 2014, 14:26

Meanwhile, the Income Tax department is probing over 77 companies which had issued an open offer of more than Rs 25 crore in FY 13-14.

'China dominating Indian air conditioner market'

'China dominating Indian air conditioner market'

Last Updated: Friday, August 22, 2014, 13:28

The unitary products or equipments in the Indian air-conditioner market is close to Rs 10,000 crore.

Sensex up 111 points; Nifty touches new peak of 7,924

Sensex up 111 points; Nifty touches new peak of 7,924

Last Updated: Friday, August 22, 2014, 10:34

All the sectoral indices were trading in positive zone with gains up to 0.70 percent.

Indian online market set to explode: Google

Last Updated: Thursday, August 21, 2014, 22:06

With the Indian online market set to explode, telecom companies stand to generate an additional revenue of USD 8 billion and EBITDA of USD 2.9 billion over the next three years, a joint study by Google and AT Kearney has forecast.

RBI issues guidelines for NBFCs on lending against shares

Last Updated: Thursday, August 21, 2014, 20:16

With an aim to curb volatility in capital market, the Reserve Bank on Thursday asked NBFCs to maintain a loan-to-value (LTV) ratio of 50 percent in case of lending against collateral of shares.

After breather, Sensex, Nifty rise to end near record highs

Last Updated: Thursday, August 21, 2014, 17:36

After taking a day's breather, Indian markets on Thursday continued their upward journey with the Sensex rising 45.82 points and the Nifty edging up 15.80 points to end near respective record highs on buying in banking, auto and capital goods shares amid drop in oil price.