Tag Archives: business news

Rupee at record low as govt steps seem inadequate

MUMBAI: The rupee fell to a record low on Monday as the government’s steps unveiled last week seemed inadequate to stall the currency’s fall. The rupee fell as much as 62.40 to the dollar in early trade, breaching the previous … Continue reading

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Rupee hits record low of 62 against dollar as shares plunge

MUMBAI: The rupee fell to a record low against the dollar on Friday on concerns that central bank measures to curb capital outflows would prove insufficient and on worries about a rollback of US monetary stimulus. Traders said no central … Continue reading

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Rupee surges 31 paise vs dollar in early trade on RBI measures

MUMBAI: The rupee on Monday gained 31 paise to trade at 60.57 against dollar on increased selling of the US currency by banks after RBI announced more measures to support the domestic currency.  Dealers said selling of the American currency … Continue reading

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Gold under-performing stocks in 2013; prices fall over 8%

NEW DELHI: Amid gloomy sentiment across various markets, gold is turning out to be a worse investment avenue than stocks so far this year, yielding double the losses compared to equities. The gold prices have fallen by nearly 8.5 per cent since … Continue reading

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Sanaullah follows Sarabjit’s horrifying route to death

CHANDIGARH: Following the same trajectory to death as Sarabjit Singh, Sanaullah Ranjay, the Pakistani convict brutally attacked by inmates in Jammu’s Kot Bhalwal jail last Friday, died in PGI early Thursday after remaining in coma since he was brought to … Continue reading

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How patent wars are hurting IT companies

AN FRANCISCO: Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a study from the Santa Clara University School of Law. … Continue reading

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AICTE to appeal Supreme Court order stating its role as ‘advisory’

NEW DELHI: The All India Council for Technical Education has decided to appeal against the Supreme Court order stating its role is only “advisory” and colleges affiliated to various universities are not required to take its approval for running MBA … Continue reading

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