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Home -> Finance -> News

NATIONAL
Sensex up by 103 pts, ends at new high of 12,462.47
Sustained rally in petrochem giant Reliance Industries (RIL) pushed the Bombay Stock Exchange (BSE) sensitive index (sensex) above the 12,500 mark for the first time to close at 12,462.47, up by 102.77 points and extended the gaining streak for the seventh straight session.

Rupee bounces back sharply against US at opening
The rupee today(May 8, 2006) bounced back with a vengeance against the US currency at the opening session on the Interbank Foreign Exchange (FOREX) market on strong trade inflows.

Sensex surges by 151.37 points during early trade
The benchmark index rose by over 151 points in first five minutes of trading on the Bombay Stock Exchange today (May 8, 2006) on the back of funds buying in heavy-weighted blue chip stocks.

'Indo-Pak unofficial trade rises to 37 percent'
Even though trade barriers between in India and Pakistan have lessened, the unofficial trade between the two countries has increased by 37 per cent in 2005-06 to touch 965 million dollars, says a study.

INTERNATIONAL
Oil prices rise in Asian trade on Iran worries
Oil prices rose in Asian trade today (May 8, 2006) as tensions between Iran and the West over its nuclear programme continued to stir the market ahead of a key meeting among world powers, dealers said.