Sri Lanka Customs Dept begins probe into gold smuggling into India

Maharashtra cabinet nod for setting up Sugarcane Control Board

The Maharashtra cabinet on Wednesday approved the government's decision to set up a `Sugarcane Control Board'. The development comes in the wake of the recent violent agitation by farmers, demanding increased price for sugarcane.The board would function on the lines of state electr...

UBI equity infusion: SEBI exempts govt from making open offer to shareholders

Capital market watchdog Securities and Exchange Board of India-SEBI, has exempted the central government from making an open offer to shareholders of United Bank of India, pursuant to equity infusion that would hike its stake in the lender to nearly 88 per cent. The government, which is the promoter...

Sensex drops 146 points to close above 20,000 mark

Falling for the second straight session, the Sensex at the Bombay Stock Exchange has dropped 146 points, or 0.7 percent. It closed at 20,709 on Wednesday amid rising crude oil prices, and weak Asian markets. The Nifty at the National Stock Exchange fell 41 points, or 0.7 percent, to 6,161.Stock mark...

NSEL scam: Investors meet Mumbai Crime Branch Chief

A day after Mumbai police attached the properties of National Spot Exchange Ltd's director Jignesh Shah, about 50 investors of the spot exchange met the Mumbai Crime Branch chief on Wednesday, who assured that attached assets would be liquidated at the earliest and proceedings will be distr...

OPEC to maintain same oil output next year

The Organization of Petroleum Exporting Countries, OPEC has decided to maintain the same oil output at 30 million barrel per day for the next year. The decision was taken at the meeting of OPEC oil ministers in Vienna a short while ago. They have also agreed to meet again on June 11 to assess the st...

Rupee up by 31 paise to close at 62.05 vs dollar

Rupee has risen by 31 paise against Dollar in th Forex market. It closed with 62.05, a dollar.

Dubai International Jewellery Week starts

Sensex drops 146 points to close above 20,000 mark

Falling for the second straight session, the Sensex at the Bombay Stock Exchange has dropped 146 points, or 0.7 percent. It closed at 20,709 today amid rising crude oil prices, and weak Asian markets. The Nifty at the National Stock Exchange fell 41 points, or 0.7 percent, to 6,161.Stock markets in ...

India-Afghan Innovation Partnership Fair opens in Kabul

Indian Ambassador to Afghanistan Amar Sinha has said that the partnership in innovations with India can help Afghanistan in achieving the targets of faster development. He was inaugurating the first ever India-Afghanistan Innovation Partnership Fair in Kabul today. He said innovative solutions helpe...