Sensex opened with a gain of 70 points, Nifty 8000 close

Mumbai; Dec.2: Indian stock market trading on Wednesday in the third day of the week is to start slow. The benchmark index 24.92 points higher at 26194.33 and Nifty along about the same time with 6.15 points higher at 7961.05 are traded.

GAIL, Vedanta, Tata Steel, Bajaj Auto and Coal India are top gainers in the Sensex while Tata Motors, Axis Bank, Bharti Airtel, Hero and Infosys are among losers.

The Indian rupee opened marginally lower at 66.52 per dollar against previous closing 66.49.

The dollar fell as a contraction in US manufacturing PMI and upbeat European economic data knocked the greenback from eight and a half-month highs against a basket of major currencies.

Government completely removes customs duty on sugar export

New Delhi: The central government has completely removed the duty on export of "raw sugar, white or refined sugar".'In order to promote exports with t...

Prasad warns FB of strong action if it sways electoral process

New Delhi: India on Wednesday warned social media platforms like Facebook of 'strong action' if any attempt was made by them to influence the country'...

PNB Rs 13,000 crore fraud: Mehul Choksi writes to CBI again

New Delhi: Responding to the fresh set of summons sent by Central Bureau of Investigation (CBI), absconding jeweller Mehul Choksi again wrote a letter...

How RBI is disposing of demonetised currency worth Rs 15.28 trillion

New Delhi: Demonetised Rs 500 and Rs 1,000 notes, which have been counted and processed for genuineness, are shredded and briquetted before being disp...