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Home -> Finance -> News

NATIONAL
C S Gupta elected new Vice Chairman of Himachal CII
C S Gupta has been elected as the new Vice Chairman of the Confederation of Indian Industry (CII) Himachal Pradesh State Council for 2006-07 at its council meeting held here.

Sensex at closing peak of 11,183.48 beats Dow Jones
The country's capital market never seems to run out of excuses for celebration these days and today (Mar 29, 2006) it had two - the benchmark index climbed to a new closing peak of 11,183.48 points and in the process surpassed the Dow Jones.

Sensex touches all-time high of 11,157.75 points
The Bombay Stock Exchange (BSE) bellwether index (Sensex) today (Mar 29, 2006) touched yet another all-time high of 11,157.75, following hectic buying by funds as well as short covering by operators.

Rupee under pressure against US$ in early trade
The Rupee today (Mar 29, 2006) came under renewed pressure on customary month-end demand amid a resurgent dollar overseas after the US Federal Reserve raised in key interest rates by 25 basis points with sentiments turning negative due to flaring oil prices.

INTERNATIONAL
India: Industry concern about takeovers in Europe
India today (Mar 29, 2006) expressed concern over alleged discrimination of its nationals in their bids for corporate takeovers in Europe, as Luxembourg maintained that its opposition to Mittal Steel's bid for rival Arcelor had nothing to do with nationality but only shareholders.