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Home -> Finance -> News

NATIONAL
BSE: Sensex reacts downward after resuming firm
After resuming on a firm note, the Bombay Stock Exchange (BSE) bellwether index reacted downwards today during the early trade on profit-booking by operators after heavy selling by Foreign Funds in the last couple of days and also weak global advices.

Rupee opens firm, turns weak against US dollar
The rupee today (Apr 12, 2006) started with fresh gains against the US currency following a fall in dollar against euro, but later turned weak and was quoted sharply lower from the previous close at Rs 44.8700/8800 per dollar.

Deora to meet FM to discuss package for oil firms
Petroleum Minister Murli Deora will meet Finance Minister P Chidambaram next week to discuss a package to bail out public sector oil firms that have been suffering huge losses on account of selling fuel on discounted prices.

INTERNATIONAL
Oil prices recede below 69 dollars on profit-taking
Oil prices fell in Asian trading today (Apr 12,2006) on profit-taking after surging to near 70 dollars but lingering jitters about Iran will keep the market edgy, dealers said.