The Sensex at the Bombay Stock Exchange fell 103 points, or 0.5 percent, to close at 19,223, on profit-booking by investors, today. The Nifty at the National Stock Exchange lost 36 points, or 0.6 percent, to 5,814.Stock markets in China, South Korea and Singapore gained between 0.1 percent...
The rupee weakened by 59 paise to 58 rupees 46 paise against the US dollar in late morning trade on sustained dollar demand from banks and importers on the back of higher dollar overseas amidst capital outflows. The rupee resumed lower at 58 rupees 25 paise per dollar as against the last closin...
Finance Minister P. Chidambaram today launched the maiden Infrastructure Debt Fund (IDF) Scheme of IIFCL Mutual Fund in New Delhi for catalyzing investment in Infrastructure sector. Speaking on the occassion Mr. Chidambaram said that it is important to mobilize resources from insurance and pension s...