Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 112 points, or 0.6 percent, to close at a one-week low of 20,112, today, on profit-booking by investors. The Sensex had lost 151 points at the day’s low and gained 84 points at the day’s high. The Nifty at the...
The rupee today strengthened by 16 paise to trade at 54.95 against the dollar at the Inter-bank Foreign Exchange on selling of the US currency by exporters.The rupee had lost 23 paise to close at five-month low of 55.11 a dollar yesterday due to sustained dollar demand from oil importers.<...
Finance Minister P Chidambaram has favoured mergers in the banking industry so that India can have two-three global sized banks.Addressing the Annual Day function of the Competition Commission of India in New Delhi yesterday, he said, bank mergers could lead to too-big-to-fail entities.
Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 112 points, or 0.6 percent, to close at a one-week low of 20,112, today, on profit-booking by investors. The Sensex had lost 151 points at the day’s low and gained 84 points at the day’s high. The Nifty at the...
The rupee today strengthened by 16 paise to trade at 54.95 against the dollar at the Inter-bank Foreign Exchange on selling of the US currency by exporters.The rupee had lost 23 paise to close at five-month low of 55.11 a dollar yesterday due to sustained dollar demand from oil importers.<...
Finance Minister P Chidambaram has favoured mergers in the banking industry so that India can have two-three global sized banks.Addressing the Annual Day function of the Competition Commission of India in New Delhi yesterday, he said, bank mergers could lead to too-big-to-fail entities.
