India Gold Jewelers Back in Business, Ends 20-Day Nationwide Strike

Gold demand in India remained low after the country's gold bullion traders and jewelers ended their 20-day nationwide strike on Friday, but the gold entrepreneurs remained confident consumer interest on the precious safe haven yellow metal will pick up as the annual wedding season in the country begins. Apr 10, 2012

BSE Sensex Falls Ahead of Long Weekend

The BSE Sensex fell by 0.45 percent in the opening trade on Wednesday because of the long weekend ahead. Traders are precautious, as the market will be closed on Thursday and Friday for holidays. Apr 4, 2012

BSE Sensex Closes 2-weeks High; Lenders Anticipate Rate Cut

The BSE Sensex was up by 0.68 percent on Tuesday, its highest close in two weeks. Heavy Electricals (BHEL) gained after posting positive provisional earnings and lenders also expect the Reserve Bank of India (RBI) to cut rate this month. Apr 3, 2012

BSE Sensex Expected to Rise by 26 Percent This Year

The BSE Sensex is likely to rise this year in spite of concerns over the government's finances and political stability. A poll conducted by Reuters indicated that BSE Sensex might gain 26 percent this year, hoping on interest rate cuts to bolster growth. Mar 30, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 51.1450 rupees and the euro 68.2240 rupees. Mar 29, 2012

BSE Sensex Closes 1 Percent Down; Banks Lead Fall

The BSE Sensex gained over 1.2 percent in the previous session but it closed nearly one percent down on Wednesday. Banks lead the fall on worries of a rise in cost of funds and heavy government borrowing. Mar 28, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 50.9175 rupees and the euro 67.8500 rupees. Mar 28, 2012

BSE Sensex Up by 1.2 Percent; Psychological Rally

The BSE Sensex rose 1.2 percent on Tuesday after the media reported that the government would not target the so-called participatory notes or P-Notes in a blanket manner under its newly proposed General Anti-Avoidance Rule Mar 27, 2012