Business

November 27, 2013 9:09 AM

Goa govt raises film finance for regional cinema to 50 lakh rupees

The Goa Government has increased the limit of film finance to 50 lakh for the promotion of regional cinema.Interacting with media at the 44th International Film Festival of India at Panaji in Goa, the Chairman of Governing council of the Entertainment Society of Goa, Vishnu Surya Wagh said the schem...

November 27, 2013 9:08 AM

Banks to treat MME loans as priority sector advance: RBI

The Reserve Bank of India, RBI on Tuesday allowed banks to treat loans given to medium manufacturing enterprises after November 13 as priority sector advance. RBI said that the step has been taken to provide enhanced liquidity support to the medium and small enterprises.The RBI also allowed incremen...

November 27, 2013 9:00 AM

Charge customers on actual usage of SMS alerts: RBI to banks

The Reserve Bank of India has directed banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing a fixed fee. The RBI in a notification issued to all banks said that considering the technology available with banks and the telecom service providers, it should be ...

November 27, 2013 8:32 AM

Gold up Rs 575

Snapping two days of fall, gold jumped 575 rupees to 31,625 rupees per ten grams at Delhi's bullion market, on Tuesday, on fresh buying by stockists at current lower levels amid a firm global trend. Silver shot up 790 rupees to 45,790 rupees per kilo on increased offtake by jewellery fabric...

November 27, 2013 8:31 AM

Sensex down 180 points to close above 20,000

The Sensex at the Bombay Stock Exchange lost 180 points, or 0.9 percent, to close at 20,425, on Tuesday, on profit bookingahead of the derivatives expiry. The Nifty at the National Stock Exchange fell 56 points, or 0.9 percent, to 6,059.Stock markets in Japan, China and nSingapore ended lower betwee...

November 26, 2013 7:40 PM

FM warns stern action against service tax defaulters

Finance Minister P. Chidambaram has warned stern action against service tax defaulters. Chidambaram urged all concerned to take the opportunities of voluntary compliance in 2013 to pay area taxes without any penalty by December this year. He was taking part in an inter-active session on service tax ...

November 26, 2013 5:41 PM

HRD Min asks industry to participate vigorously with govt in skill devp

Human Resources Development Minster M.M. Pallam Raju has asked the industry to participate more vigorously with the government in skill development. Speaking at a conference in New Delhi today, Raju said industry has to contribute to achieve the target of skilling 50 crore youth by 2022. Communicati...

November 26, 2013 5:38 PM

Gold up Rs 575

Snapping two days of fall, gold jumped 575 rupees to 31,625 rupees per ten grams at Delhi's bullion market, today, on fresh buying by stockists at current lower levels amid a firm global trend. Silver shot up 790 rupees to 45,790 rupees per kilo on increased offtake by jewellery fabricators...

November 26, 2013 5:37 PM

Sensex down 180 points to close above 20,000

The Sensex at the Bombay Stock Exchange lost 180 points, or 0.9 percent, to close at 20,425, today, on profit bookingahead of the derivatives expiry. The Nifty at the National Stock Exchange fell 56 points, or 0.9 percent, to 6,059.Stock markets in Japan, China and nSingapore ended lower between 0.1...

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