The BSE benchmark Sensex extended its gains for the third consecutive week by surging another 133 points during the truncated week.

Toyota, the Japanese car maker, has said it will increase the prices of its entire range of cars in India by around 1.5 per cent with effect from September 1.

The Indian currency resumed lower at 55.88 a dollar from Tuesday's closing at the Interbank Foreign Exchange Market. It moved between 55.88 and 56.04, before quoting at 56 at 10.40 am.

Global expansion is high on DTDC's agenda. The courier-turned-logistics company has earmarked $30 million on its balance sheet for the Australia and Pakistan joint ventures, the Yangon centre, and future acquisitions.

The utility of part-time MBA courses is debatable, unless they are company sponsored.

Besides increased dollar demand from importers, a lower opening in the domestic equity market put pressure on the rupee, forex dealers said.

In volatile trade, the Indian rupee softened by six paise to settle at 55.34 against the US dollar due to demand for the US currency from oil importers.

Foreign Direct Investment (FDI) in the country declined by over 65 per cent to $4.64 billion during April-June 2012-13 year-on-year amid global economic slowdown.

Amid a weak trend in Asian region and disappointing industrial production data for June, the BSE benchmark Sensex fell for the third day in a row and lost over 33 points in early trade on Friday.

After rising 125 points, the Sensex erased gains to close marginally down today on emergence of hectic profit booking in the last hour of trade triggered by growth concerns amid poor earnings from telecom major Bharti Airtel.

Standard Chartered Bank says the US regulatory order charging it with $250 billion worth secret transactions with Iran does not present the \"full and accurate\" picture and over 99.9 per cent of its Iran-related business was in compliance with the relevant regulations.

Both the companies said they would immediately commence distribution of the product in the US market.

In volatile trade, the rupee strengthened for the second straight day on Monday closing 23 paise higher at 55.52 a dollar on robust capital inflows and strong stock markets amid exporters selling the US currency.

India's export growth declined 5.45 per cent in June to $25 billion. Imports too dipped sharply by 13.46 per cent to $35.37 billion, resulting in a trade deficit of $10.3 billion.

Besides, the euro stayed bearish against other currencies in overseas markets after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.

The Indian rupee lost 25 paise to 55.72 against the US dollar in early trade at the Foreign Exchange market as the American currency gained strength against other currencies overseas.

According to the data released by the Commerce Ministry on Wednesday, exports during the April-June quarter of 2012-13 fiscal dipped by 1.7 per cent to $75.2 billion, from $76.5 billion in the same period last fiscal.

India's economic success since the 1980s has gone hand in hand with important economic reforms. India has the potential to grow even faster, but this requires further structural reforms and accelerated implementation.

The Indian rupee recovered by 10 paise to 55.55 against the dollar in early trade on the Interbank Foreign Exchange.

Selling by exporters and banks amid euro's strength against the American currency helped teh Indian currency gain against the US dolla.