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Sensex above 28000 points, Nifty reclaims 8500 on Tuesday
30 Mar 2015 at 9:22pm
The Sensex rose 91.69 points to 28067.55 and the Nifty climbed 35.30 points to 8527.60 on Tuesday.


Rupee gains 10 paise against dollar in early trade on Tuesday
30 Mar 2015 at 8:59pm
The rupee recovered by 10 paise at 62.57 against the US dollar in early trade at Interbank Foreign Exchange.


Rupee falls 26 paise on fresh dollar demand
30 Mar 2015 at 6:35am
The rupee on Monday ended lower by 26 paise at 62.67 against the US currency due to renewed month-end demand from importers for the dollar. Fresh capital outflows and dollar gains in overseas markets also weighed on the rupee, while strong rebound in local equities restricted the rupee's fall, a dealer said.


Sensex soars 517 points, logs biggest gain in over 2-months
30 Mar 2015 at 5:07am
The benchmark BSE Sensex on Monday surged by over 517 points-- its biggest one-day gain in nearly two-and-a-half months-- to end at 27,975.86 on across-the-board buying amid firm global cues.


Rupee drops 17 paise against dollar in early trade
29 Mar 2015 at 9:06pm
The rupee fell by 17 paise to 62.58 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to rise in the American currency's value against other global currencies amid month-end demand for the dollar from importers.


Sensex up 200 points, Nifty reclaims 8400
29 Mar 2015 at 9:04pm
The market rebounded sharply on Monday, tracking positive global cues. The Sensex rallied 197.15 points or 0.72 per cent to 27655.79 and the Nifty reclaimed 8400, up 60.80 points or 0.73 per cent at 8402.20.


CBDT asks I-T department to act on public grievances after PM's rap
29 Mar 2015 at 4:39am
CBDT has called for according a "top priority" to addressing taxpayers' grievances by the Income Tax department after Prime Minister Narendra Modi expressed his disappointment about delays in corrective action and harassment of the assesses by tax officials.


Deepak Parekh pitches for greater government, corporate investment in education
29 Mar 2015 at 3:57am
Terming spending on education as abysmally low at 3 per cent of GDP, eminent industry leader Deepak Parekh on Sunday called for "aggressive" investments by the government as well as corporates in the sector, saying it is the key to unlock India's demographic dividend.


RBI proposes to reduce bank's exposure in corporate house
28 Mar 2015 at 6:23am
With an aim to reduce risk in the banking sector, RBI has proposed to limit exposure of a bank to a business group to 25 per cent of its capital, down from the existing level of 55 per cent. "The sum of all the exposure values of a bank to a single counterpart or to a group of connected counterparties must not be higher than 25 per cent of the bank's available eligible capital base at all times," a draft paper released by RBI said.


RBI moves to restrict bank exposure to corporate loans
28 Mar 2015 at 5:44am
Under the proposal, banks would only be allowed to lend up to 25 per cent of their core capital, down from the earlier ceiling of up to 55 per cent, starting January 1, 2019.


Rupee rebounds 26 paise against dollar; snaps 2-day losses
27 Mar 2015 at 6:02am
The rupee opened lower by 13 paise at 62.80 per dollar on Friday against previous day's close of 62.67. The dollar index bounced off a three-week trough led by some upbeat economic data and a rise in US treasury yields.


Sensex breaks 7-day losing trend, but volatility continues
27 Mar 2015 at 4:55am
The benchmark BSE Sensex on Friday ended at 27,458.64, up by a marginal 1.06 points to technically snap the seven-session losing streak in a highly volatile trade amid continuing geo-political tensions. The NSE Nifty, however, settled the day in the red at 8,341.40, ending the week on a negative note.


Sensex bounces back, Nifty reclaims 8400
26 Mar 2015 at 8:51pm
The market kicked off April series on a positive note after a 188-point fall on the Nifty on last day of March series. The Sensex rose 120.25 points to 27577.83 and the Nifty climbed 30.05 points to 8372.20.


Rupee opens lower at 62.80 against US dollar
26 Mar 2015 at 8:49pm
The rupee opened lower by 13 paise at 62.80 per dollar on Friday against previous day's close of 62.67. The dollar index bounced off a three-week trough led by some upbeat economic data and a rise in US treasury yields.


Sensex closes 654 points down on Thursday, bank stocks plunge
26 Mar 2015 at 4:54am
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed trade in the red. It was down 188.65 points or 2.21 per cent at 8,342.15 points.



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