Business

December 31, 2013 10:16 AM

Sensex gains over 73 points in early trade

Stock markets opened on a positive note on the last trading day of 2013 with the benchmark BSE Sensex rising over 73 points in early trade on selective buying by funds. The 30-share index rose 73.78 points to trade higher at 21,216.79 points with stocks of auto, healthcare, capital goods and metal s...

December 31, 2013 9:13 AM

RBI: Outlook for country's economy improved with export growth

The Reserve Bank ruled out any major impact on domestic markets by the US Fed's tapering its monthly bond buying programme from later this week. The apex bank said that India's external sector has improved with reduction in Current Account Defecit, CAD and a pick up in exports. In ...

December 31, 2013 9:12 AM

66 million beneficiaries get DBTL

Government has transferred two thousand crore rupees directly to LPG customers accounts in 184 districts so far under the Direct Benefit Transfer for LPG (DBTL) scheme.According to an official release, 66 million consumers are getting benefits of the scheme in these districts through Aadhaar seeded ...

December 30, 2013 7:56 PM

Telecom spectrum auction in 1800-900 MHz bands to be held on Feb 03

Auction of telecom spectrum in 1800 MHz and 900 MHz bands will now be held on 3rd of February instead of 23rd of January next year. The Department of Telecommunications, DoT, in a press release today said the revised dates and details of Notice Inviting Applications are available on the DoT website ...

December 30, 2013 6:33 PM

Auction of spectrum in 1800MHz, 900MHz bands put off to Feb 3

Auction of telecom spectrum in 1800MHz and 900MHz bands will now be held on 3rd February instead of 23rd January next year. The Department of Telecommunications, DoT, in a press release today said the revised dates and details of Notice Inviting Applications are available on the DoT website : www.do...

December 30, 2013 5:16 PM

Sensex slips by 51 points to 21,143 on mild selling

Snapping two days of gains, the Sensex at the Bombay Stock Exchange fell 51 points, or 0.2 percent, to close at 21,143, on mild selling by investors with the calendar year drawing to a close. The Nifty at the National Stock Exchange lost 23 points, or 0.4 percent, to 6,291.Stock markets in Japan, Si...

December 30, 2013 2:05 PM

RBI pegs CAD under 3% for this fiscal in Financial Stability Report

The Reserve Bank of India has said that the country is ready for the US Federal Reserve's tapering. In its eighth Financial Stability Report released today, RBI said, external sector risks have been reduced considerably and the effect of the tapering on the economy is expected to be limited...

December 30, 2013 2:05 PM

RBI: Country ready for US Federal Reserve's tapering<br/>

The Reserve Bank of India has said that the country is ready for the US Federal Reserve&apos;s tapering. In its eighth Financial Stability Report released today, RBI said, external sector risks have been reduced considerably and the effect of the tapering on the economy is expected to be limited...

December 30, 2013 2:01 PM

Sensex falls 38 points in noon trade

Erasing all its opening gains, the Sensex at the Bombay Stock Exchange fell 38 points, or 0.2 percent, to trade at 21,155, in the afternoon session, a short while ago. The Nifty at the National Stock Exchnage shed 20 points, or 0.3 percent, to 6,294.In other Asian markets, key benchmark indices in J...

December 30, 2013 12:26 PM

RBI: Country ready for US Federal Reserve's tapering<br/>

The Reserve Bank of India has said that the country is ready for the US Federal Reserve&apos;s tapering. In its eighth Financial Stability Report released today, RBI said, external sector risks have been reduced considerably and the effect of the tapering on the economy is expected to be limited...

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