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Rupee hits 13-month low on global economic fears; trade data

Rupees Journalist

The rupee weakened to its lowest level in 13 months on Tuesday as markets in the region tumbled after a sharp rate hike in Russia further raised concerns about the global economy at a time when India’s trade deficit is already widening. Sliding oil prices and a downbeat China factory survey weighed on Asian shares on Tuesday, while the rouble ... Read More »

Sensex down 273 points in early trade on weak global cues

Sensex Journalist

The BSE Sensex extended losses for the fourth straight day by losing over 273 points in early trade on Tuesday on sustained selling by funds amid weak global cues, tracking plunging crude coupled with depreciating rupee. The 30-share index tumbled 273.05 points, or 1 per cent, to 27,046.51. The gauge had lost 511.54 points in the previous three sessions. In ... Read More »

China official admits millions in jade bribes: Report

China Jouranalist

Beijing A former senior Chinese provincial official told a court he took around 13 million yuan ($2.1 million) in bribes consisting largely of precious stones, state-run media reported Tuesday. Ni Fake, a former deputy governor of the eastern province of Anhui, had a “craving for jade”, the state-run Shanghai Daily said. His trial on Monday was the latest case in ... Read More »

कालाधन : एचएसबीसी बैंक की सूची में शामिल भारतीयों के खाते में जमा हैं 4,479 करोड़ रुपये

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नई दिल्ली: काले धन पर बड़ा खुलासा करते हुए केंद्र सरकार ने शुक्रवार को कहा कि एचएसबीसी बैंक की सूची में शामिल भारतीयों के खातों में 4,479 करोड़ रुपये जमा हैं और ऐसे 79 खाताधारकों के खिलाफ आयकर विभाग ने कार्रवाई शुरू कर दी है। विशेष जांच दल (एसआईटी) द्वारा काले धन पर दूसरी रिपोर्ट के प्रासंगिक अंश को जारी ... Read More »