Business

January 15, 2014 4:16 PM

Gold falls 365 rupees in Delhi market

Gold fell 365 rupees, to 30,035 rupees per ten grams at Delhi's bullion market, today, on increased selling by stockists, amid a weak global trend. Silver lost 420 rupees, to 44,700 rupees per kilo, on reduced offtake by jewellers and industrial units. Silver coins held steady at 85,000 rup...

January 15, 2014 4:16 PM

CCEA nod for 4-laning of Odisha NH-5; reservation quota of ITI to continue

The government today approved a 761 crore rupees road project in Odisha under its flagship National Highways Development Project. The Cabinet Committee on Economic Affairs, CCEA, has given its approval for four-laning of Jharpokharia-Baripada-Baleshwar section of NH-5 in the state.An official statem...

January 15, 2014 4:14 PM

Sensex gains 257 points to close over 21,000-level

The Sensex at the Bombay Stock Exchange surged 257 points, or 1.2 percent, to close at 21,289, on good buying by investors, amid rising global markets, today. The Nifty at the National Stock Exchange rose 79 points, or 1.3 percent, to 6,321.

January 15, 2014 2:32 PM

Indo-Pak Commerce Secys meet to set agenda for Ministerial meet

Commerce Secretaries of India and Pakistan met today in New Delhi to discuss trade-related issues and set the agenda for the Ministerial meeting later this week. Besides taking stock of trade relations, Commerce Secretary S R Rao and his Pakistani counterpart Qasim M Niyaz also discussed issues like...

January 15, 2014 2:11 PM

CCEA nod for 4-laning of Odisha NH-5; reservation quota of ITI to continue

The Cabinet Committee on Economic Affairs, CCEA, has given its approval for four laning of Jharpokharia-Baripada-Baleshwar section of NH-5 in Odisha. The four laning will be done under the National Highways Development Project phase IV on Build, Operate and Transfer pattern. The 80.6 km road constru...

January 15, 2014 2:07 PM

Indian economy will grow by just over 6% in 2014-15: WB forecast

The World Bank has forecast that India's economy will grow by just over 6 per cent in 2014-15, and further improve to 6.6 per cent in 2015-16, and 7.1 per cent in 2016-17. It said the growth will be led by recovery in global demand and an increase in domestic investment. The World Bank said...

January 15, 2014 2:04 PM

Indo-Pak Commerce Secys discuss trade issues ahead of Ministerial meet

Commerce Secretaries of India and Pakistan met today in New Delhi to discuss trade-related issues and set the agenda for the Ministerial meeting later this week. Besides taking stock of trade relations, Commerce Secretary S R Rao and his Pakistani counterpart Qasim M Niyaz also discussed issues like...

January 15, 2014 1:49 PM

Sensex gains over 145 points in afternoon trade

Remaining firm in afternoon trade, the Sensex at the Bombay Stock Exchange stood 147 points, or 0.7 percent in positive territory, at 21,180 a short while ago. Earlier in the morning, the Sensex had gained 123 points, or 0.6 percent, to 21,156, on buying by funds and retail investors, amid firm Asia...

January 15, 2014 1:03 PM

Sensex gains over 150 points in afternoon trade

The BSE Sensex was trading up by 154 points to 21,186 when reports last came in. It recovered 123 points in early trade today on emergence of buying by funds and retail investors amid a firming Asian trend. The National Stock Exchange index Nifty moved up 43 points to 6,285.

January 15, 2014 1:02 PM

Inflation declines in November on cooling of food prices

Inflation in December has declined to 6.16 per cent from 7.52 per cent in November. The reading for October headline inflation was revised to 7.24 per cent from 7 per cent.Food prices rose 13.68 per cent year-on-year last month, much slower than an annual rise of 19.93 per cent in November. Cooling ...

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