
Mumbai: The BSE Sensex edged higher on Monday, rebounding from two-month lows, as Bharti Airtel advanced after more brokerages upgraded the stock and auto makers rose on hopes of rising sales during the festival season. However, the Nifty fell, with sentiment cautious ahead of the winter session of Parliament which is set to start on Thursday. Parliament is due to meet amid a slew of negative news flows around the...

09:02 AM, Nov 19, 2012

New Delhi: Yet another textbook in a CBSE school has sparked a controversy by allegedly insinuating that non-vegetarians lie, cheat and commit crimes, with the Government terming it as "unfortunate" and asking state bodies to remain alert about such content and monitor them. "Sensitivities of communities have to be kept in mind. I think its unfortunate, an occasional aberration happens. But what I would request is that the state body...

10:14 AM, Nov 17, 2012

New Delhi: Yet another textbook in a CBSE school has sparked a controversy by allegedly insinuating that non-vegetarians lie, cheat and commit crimes, with the government terming it as "unfortunate" and asking state bodies to remain alert about such content and monitor them. "Sensitivities of communities have to be kept in mind. I think it is unfortunate, an occasional aberration happens. But what I would request is that the state...

11:35 PM, Nov 16, 2012

Chennai: Joining other political leaders in the state, Tamil Nadu Chief Minister J Jayalalithaa on Friday demanded removal of "objectionable" references in the CBSE textbook about Nadar community which has produced great leaders like K Kamaraj and their contribution to the society was immeasurable. In a letter to Prime Minister Manmohan Singh, she said the "incorrect" details in the textbook of class IX were "very misleading and may leave a...

12:22 PM, Nov 16, 2012

Mumbai: Falling for the sixth straight day on Friday, the Bombay Stock Exchange benchmark Sensex tumbled 162 points to end at nearly two-month low on late selling in realty, banks and auto shares as the RBI dashed hopes of an early rate cut saying inflation is still "quite high". Weak trends in global markets on Eurozone debt worries and the rupee trading above 55-levels against the dollar also hit the...

09:46 AM, Nov 16, 2012

Mumbai: Falling for the fifth straight day, the BSE benchmark Sensex on Thursday closed 147.50 points lower at over two-week low of 18,471.37 weighed down by losses in metal and IT stocks amid weak global cues on persistent worries about US fiscal problem. The Sensex, which had lost 284 points in the last four trading sessions, opened weak and continued to slide lower in line with Asian markets that mirrored...

09:07 AM, Nov 15, 2012

Mumbai: Falling for the second straight day, the BSE benchmark Sensex on Friday tanked by 163 points as 3-4 per cent losses in SBI, Tata Steel and ONGC shares on muted September quarter performance soured the sentiment, amid a weak global trend. The Sensex, which had lost 56 points in the previous session, opened higher at 18,894.42 but failed to sustain the initial momentum to close 162.58 points, or 0.86...

09:27 AM, Nov 09, 2012

New Delhi: Indian markets tumbled on on Thursday as Wall Street worried about the fiscal crisis and the European economy's further deterioration, underpinning the safe-haven dollar and yen as well as US Treasuries on safety bids. US Congress must avert the fiscal cliff of nearly $600 billion worth of spending cuts and tax increases set for early 2013. There is also the issue of a debt ceiling, which needs to...

10:00 AM, Nov 08, 2012

Mumbai: The Sensex and the Nifty fell on Thursday, retreating from near 4-1/2 week highs, as recent out-performers such as Larsen & Toubro were hit by profit-taking on worries about budget negotiations in the United States and about Europe's economic troubles. The 30-share BSE Sensex, which dropped as much as 166 points in early trade, lost 56.15 points or 0.30 per cent to close at 18,846.26. Meanwhile the 50-share NSE...

09:52 AM, Nov 08, 2012

Mumbai: The BSE Sensex rose for a sixth session on Wednesday, with State Bank of India gaining on hopes of improved asset quality when it reports September quarter results on Friday, while other lenders such as ICICI Bank also rose in anticipation of better loan growth in the holiday season. The 30-share BSE Sensex gained 85.03 points or 0.45 per cent to close at 18,902.41. Meanwhile, the 50-share NSE Nifty...

09:50 AM, Nov 07, 2012

Houston: Indian-American astronaut Sunita Williams, currently in space floating around in zero-gravity, voted for US presidential polls by absentee ballot. Sunita, along with flight engineer Kevin Ford, exercised her franchise in July while stationed in Russia even before heading up to the station aboard Soyuz ships launched from the Baikonur cosmodrome. The other four members of the station's current Expedition 33 crew are all non-Americans - three Russian cosmonauts and...

07:47 AM, Nov 07, 2012

Mumbai: The rupee on Tuesday fell by 17 paise to touch a fresh two-month low of 54.78 against the dollar in early trade at the Interbank Foreign Exchange, due to increased demand for the American currency from oil importers. Besides, euro's weakness against the dollar overseas on renewed worries about Greece's debt crisis and Tuesday's US Presidential elections also put pressure on the local unit, forex dealers said. The rupee...

10:16 AM, Nov 06, 2012

Mumbai: The Sensex rose for a fifth consecutive session on Tuesday, as drug maker Cipla jumped after posting a surge in quarterly earnings, while State Bank of India rose on hopes for rising demand for loans in the holiday season. The 30-share BSE Sensex gained 54.51 points to close at 18,817.38 while the 50-share NSE Nifty rose 20.20 points to 5,724.40. Cipla provisionally rose 4.2 per cent, while State Bank...

09:29 AM, Nov 06, 2012

Mumbai: Indian shares remained lacklustre throughout the session on Monday with the BSE Sensex closing flat to positive, outperforming global peers. The market also ignored the sharp fall in rupee that dropped 1.44 percent or 77 paise to 54.585 against the US dollar due to oil companies’ dollar demand (at 15:31 hours IST) The 50-share NSE Nifty rose 6.50 points to close at 5,704.20 while the 30-share BSE Sensex went...

10:14 AM, Nov 05, 2012

Patna: The much-awaited power sector reforms formally began in Bihar Thursday, over a decade behind schedule, with five newly set up companies coming into existence. A day after the government notified the breaking up of the state-run Bihar State Electricity Board into five companies, they began functioning separately on Thursday. The move is part of the Bihar State Electricity Reforms Transfers Scheme, Energy Secretary Sandeep Poundrik said. Bihar Energy Minister...

05:18 PM, Nov 01, 2012

Mumbai: Reversing early losses, the BSE benchmark Sensex on Thursday bounced back to close over 56 points up helped by 5 per cent rise in Tata Motors shares on hopes of robust October sales and over 4 per cent rise in Bharti Airtel ahead of a key meeting to consider spectrum refarming issue. The Sensex, which had gained 74.53 points in Wednesday's trade, opened weak and was down over 60...

09:15 AM, Nov 01, 2012

Mumbai: The BSE Sensex rose on Wednesday, recovering from steep falls in the previous session, as auto makers such as Maruti Suzuki India rose on hopes sales would rebound, while drug makers including Glenmark Pharmaceuticals extended a recent rally on the back of robust earnings. SBI pulled back from the previous session's drop as hopes of sturdier-than-expected quarterly earnings offset concerns after the RBI on Tuesday raised the provisioning level...

09:41 AM, Oct 31, 2012

Mumbai: The BSE benchmark Senxex on Tuesday plunged by 205 points to a five-week low as RBI not only held on to policy rates but also hiked provisioning norms and lowered growth projection, spooking investors who resorted to all-round selling, particularly in bank and realty stocks. Apparently not enthused by RBI policy, Finance Minister P Chidambaram, who had on Monday announced fiscal consolidation roadmap, said growth is as much a...

09:37 AM, Oct 30, 2012

Mumbai: The BSE benchmark Sensex on Monday erased most of its early gains to close just 10 points up amid the government unveiling a five-year road map for fiscal consolidation ahead of the RBI's policy meet on Tuesday. After resuming on a positive note, the Sensex went up over 118 points to touch the day's high of 18,743.41 on the back of optimism over the reshuffle of Cabinet on Sunday....

09:20 AM, Oct 29, 2012

Mumbai: The Bombay Stock Exchange Sensex fell 133 points, pulled down by HUL and ICICI Bank which posted their quarterly results on Friday, as cautious investors booked profits ahead of the RBI monetary policy review meeting next week and a weak trend in equity markets globally. Top heavyweight RIL was also down sharply. The BSE 30-stock index, Sensex, which gained 49 points on Thursday, fell 133.29 points or 0.71 per...

09:36 AM, Oct 26, 2012