Andhra Bank Q1 Net down 36 pc at Rs 231 crore
Hyderabad: Public sector Andhra Bank on Wednesday said its net profit declined by 36 per cent to Rs 231 crore for the first quarter ended June 30, 2013, on account of higher provisioning towards non-
RBI’s measures on rupee spread gloom in markets
Mumbai: Banking stocks were battered badly on the bourses after the Reserve Bank of India (RBI) announced additional measures to suck liquidity in a bid to stabilise rupee. This pulled the markets do
Sensex surges 143 pts to highest in 30 months, led by ITC, HUL
Mumbai: The benchmark S&P BSE Sensex surged 143 points to 20,302.13, the highest level in 30 months, as the markets gave a thumbs-up to the RBI's fresh curbs on gold imports and a drop in US home
Onion prices more than double to Rs 36-40/kg in metros
New Delhi: Onion prices have more than doubled to Rs 36-40 per kg in retail markets of metro cities in last one year, adding to the woes of consumers already burdened with overall price rise.
Current
In bad times, how to make money
The last few weeks have been extremely turbulent. Stock markets have been moving up and down in crazy frenzy moves, bond yields have been galloping upwards resulting in falling bond prices, precious
Sensex jumps 180 points to 6-week high; reclaims 20K mark
Mumbai: Boosted by fag-end buying spurt, the benchmark S&P BSE Sensex on Thursday reclaimed the 20,000-mark with a 180-point boost on hopes of continued earnings momentum amid assurances by US Fe
Wholesale onion price jumps 5-times; to push up retail rates
New Delhi: Wholesale onion price at Lasalgoan in Maharashtra - Asia's biggest market - on Wednesday rose to Rs 24 a kg, almost five times more than last year, due to tight supply, stoking fears retai
RBI finally supports rupee
Hyderabad: In a surprise move to arrest the plunge of the rupee, the Reserve Bank of India on Monday announced strong measures to reduce liquidity in the banking system to prevent speculation in the
RBI not targeting any exchange rate: Subbarao
Chennai: As rupee fluctuated in the market, Reserve Bank on Thursday said it is not targeting any specific exchange rate and will use all instruments to manage the volatility.
"We do not have an exch
Global meltdown: Sensex down 286 points as Weak Rupee, costly oil hurts
Mumbai: The Sensex on Wednesday tumbled by 286 points to end at 19,177.76 as rupee breaching the 60-mark and draft norms on banks' exposure to corporates with unhedged forex triggered all-round selli