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India lauds BRICS bank set up to counter Western hold on global finances

New Delhi, July 16 (ANI): Experts and leaders, on Wednesday welcomed the setting up of $100 billion BRICS bank and a currency reserve pool aimed at reshaping the Western-dominated international financial system. Leaders of the five top emerging markets in BRICS nations consisting of Brazil, Russia, India, China and South Africa, sealed the deal to foster financial and development cooperation and keep the monetary tap running in the face of a financial meltdown like the 2008 crisis. A senior researcher at the New Delhi-based Observer Research Foundation think-tank, Samir Saran, said bank would help emerging and developing nations to mobilize resources for infrastructure and development projects. BJP leader Subramanian Swamy, welcomed the setting up of the bank, adding that the previous Congress -led government had committed to the Chinese demand to have the bank being headquarted in Shanghai. Jul 16, 2014
bse-closes-points-321-07-down-on-july-16

BSE closes points 321.07 down on July 16

New Delhi, July 16 (ANI): Trading at the Bombay Stock Exchange today closed 321.07 points up to stand at 25,549.72. At the National Stock Exchange the Nifty closed 97.75 points up to stand at 7,624.40. JP INFRATEC and Financial Tech were among the top gainers of Group A with an increase of 19.86% and 9.99% along with IDFC and Adani Ports with an increase of 8.87% and 8.44% respectively, while the top losers of Group A include Power Finance and REC with a decrease of 5.98% and 4.72% along with LIC Housing Finance Ltd. and South Indian Bank with a decrease of 3.71% and 2.97% at the close of the markets. The Auto sector is up 222.85 points at 15,741.51 while the banking sector is up 426.10 points at 17,479.92 and the realty sector is up 82.61 points at 2,014.51. The Indian currency is 0.07% up at Rs 60.16 per dollar. Jul 16, 2014
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BSE closes points 221.67 up on July 15

New Delhi, July 15 (ANI): Trading at the Bombay Stock Exchange today closed 221.67 points up to stand at 25,228.65. At the National Stock Exchange the Nifty closed 72.50 points up to stand at 7,526.65. Financial Tech and MCX were among the top gainers of Group A with an increase of 10.00% and 9.25% along with Future Retail and Reliance Infrastructure Ltd. with an increase of 9.25% and 7.40% respectively, while the top losers of Group A include Piramal Enterprises Ltd. and CRISIL with a decrease of 9.83% and 4.00% along with Sobha Developers Ltd. and Dr Reddys Lab with a decrease of 2.74% and 2.34% at the close of the markets. The Auto sector is up 214.22 points at 15,518.66 while the banking sector is up 458.18 points at 17,053.82 and the realty sector is up 40.74 points at 1,931.90. The Indian currency is 0.15% down at Rs 60.16 per dollar. Jul 15, 2014
bse-closes-points-17-37-down-on-july-14

BSE closes points 17.37 down on July 14

New Delhi, July 14 (ANI): Trading at the Bombay Stock Exchange today closed 17.37 points down to stand at 25,006.98. At the National Stock Exchange the Nifty closed 5.45 points down to stand at 7,454.15. Oriental Bank and Hindustan Zinc were among the top gainers of Group A with an increase of 5.64% and 5.34% along with Power Finance and Hindalco Inds with an increase of 5.14% and 4.54% respectively, while the top losers of Group A include Mcleod Russel and Pipavav Defence with a decrease of 5.54% and 4.97% along with CRISIL and Gitanjali Gems with a decrease of 4.89% and 4.62% at the close of the markets. The Auto sector is up 165.41 points at 15,319.91 while the banking sector is up 66.37 points at 16,612.58 and the realty sector is down 14.87 points at 1,891.16. The Indian currency is 0.33% up at Rs 60.13 per dollar. Jul 14, 2014
bse-closes-points-348-40-down-on-july-11

BSE closes points 348.40 down on July 11

New Delhi, July 11 (ANI): Trading at the Bombay Stock Exchange today closed 348.40 points down to stand at 25,024.35. At the National Stock Exchange the Nifty closed 108.15 points down to stand at 7,459.60. Aurobindo Pharma and Zee Entertainment were among the top gainers of Group A with an increase of 3.90% and 3.61% along with Max India and Ranbaxy Lab with an increase of 2.58% and 2.29% respectively, while the top losers of Group A include Jain Irrigation and Unitech with a decrease of 11.51% and 10.68% along with Power Finance and REC with a decrease of 10.47% and 10.22% at the close of the markets. The Auto sector is down 158.22 points at 15,154.50 while the banking sector is down 455.55 points at 16,546.21 and the realty sector is down 103.69 points at 1,906.03. The Indian currency is 0.12% up at Rs 60.12 per dollar. Jul 11, 2014
bse-closes-points-72-06-down-on-july-10

BSE closes points 72.06 down on July 10

New Delhi, July 10 (ANI): Trading at the Bombay Stock Exchange today closed 72.06 points down to stand at 25,372.75. At the National Stock Exchange the Nifty closed 17.25 points down to stand at 7,567.75.DLF and IDFC were among the top gainers of Group A with an increase of 9.22% and 8.99% along with Prestige Estates and Rural Electrification Corporation Ltd. with an increase of 6.86% and 5.92% respectively, while the top losers of Group A include Bharat Electronics Ltd. and TITAN with a decrease of 6.10% and 5.76% along with Gitanjali Gems and Hero Moto Corp with a decrease of 5.73% and 3.99% at the close of the markets. The Auto sector is down 140.27 points at 15,312.72 while the banking sector is down 107.21 points at 17,001.76 and the realty sector is up 95.03 points at 2,009.72. The Indian currency is 0.39% down at Rs 59.99 per dollar. Jul 10, 2014
security-forces-seize-drugs-worth-millions-near-pakistan-border

Security forces seize drugs worth millions near Pakistan border

Amritsar, July 09 (ANI): India's paramilitary Border Security Force (BSF) personnel seized heroin worth millions along with fake Indian currency notes near Pakistan border in northern state of Punjab. BSF personnel claimed on Wednesday to have seized four kilogrammes of heroin in the consignment which was confiscated in Amritsar on Tuesday. DIG of BSF, MF Farooqui, said the personnel challenged the intruder after noticing some suspicious movement on the other side of barbed fencing on India-Pakistan border. Farooqui also mentioned that seized heroin was worth rupees 200 million. Jul 9, 2014
bse-closes-points-137-30-down-on-july-9

BSE closes points 137.30 down on July 9

New Delhi, July 09 (ANI): Trading at the Bombay Stock Exchange today closed 137.30 points down to stand at 25,444.81. At the National Stock Exchange the Nifty closed 38.20 points down to stand at 7,585.00. Indian Oil Corporation and Adani Ports were among the top gainers of Group A with an increase of 3.35% and 2.67% along with HPCL and TITAN with an increase of 2.38% and 2.18% respectively, while the top losers of Group A include Bharat Electronics Ltd. and Apollo Tyres with a decrease of 7.81% and 7.67% along with Aurobindo Pharma and Ashok Leyland with a decrease of 6.93% and 6.11% at the close of the markets. The Auto sector is down 385.13 points at 15,452.99 while the banking sector is down 86.16 points at 17,108.97 and the realty sector is down 31.04 points at 1,914.69. The Indian currency is 0.08% down at Rs 59.73 per dollar. Jul 9, 2014
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