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| SBI moves closer to rate hike |
| Increase in repo rates serves as trigger for a possible 0.25% rise in cost of loans |
| State Bank of India (SBI) chairman A.K. Purwar today said the country’s largest bank is reviewing its short-term lending rates. Analysts feel the bank may raise interest rates by 25 basis points shortly. ... |
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| Tech leap with TCS venture |
| Tata Consultancy Services (TCS) and the State Bank of India are together setting up C-Edge Technologies, which will provide ... |
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| $100-bn exports in sight |
| Commerce minister Kamal Nath today upped the ante on the export front, raising the country’s merchandise export target ... |
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| TCS chief S. Ramadorai (left) with SBI chairman A.K. Purwar in Mumbai on Monday. (Fotocorp) |
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|  |  | | 8494.29 | | +23.25 | | |
| | | | BSE-100 | 4481.26 | (+11.49) | | S&P CNX Nifty | 2558.07 | (+10.05) |
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| | | Name | BSE | NSE | | HLL | 170.04
(-1.85) | 170.75
(-1.45) | | ITC | 128.25
(-1.85) | 128.03
(-1.03) | | Infosys | 2651.55
(-30.05) | 2652.07
(-28.35) | | Reliance | 797.07
(+2.15) | 798.45
(+3.05) | | Wipro | 403.08
(-0.01) | 404.35
(+0.02) | | Zee | 152.25
(-2.05) | 152.05
(-1.03) |
| | Foreign Exchange | | US $1 : Rs 45.73 | UK £1 : Rs 79.08 | | Euro : Rs 53.07 | Yen 100 : Rs 38.56 | | HK $1 : Rs 5.08 | SW Fr1 : Rs 34.35 | | Sing $1 : Rs 26.45 | Aus $1 : Rs 32.09 |
| | Bullion | | Bombay | | Gold Std (10gm) | Rs. 7055 | | Gold 22 Carat | Rs. 7020 | | Silver bar (1kg) | Rs. 11960 | | Silver Portion | NA | | Calcutta | | Gold Std (10gm) | Rs. 7135 | | Gold 22 Carat | Rs. 6735 | | Silver bar (1kg) | Rs. 11700 | | Silver Portion | Rs. 11800 |
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