Rupee up by 37 paise against dollar

The rupee firmed up by 37 paise to 62 rupees, 50 paise against the dollar in late morning deals on Monday on selling of dollars by banks and exporters on hopes of foreign capital inflows in view of a sharp recovery in the equity market.The rupee resumed higher at 62 rupees, 67 paise per dollar as ag...

Sensex surges 388 points to end at 20,605

Snapping three days of losses, the Sensex at the Bombay Stock Exchange surged 388 points to close at 20,605 on Monday.The Sensex rose on fresh buying by foreign funds, amid lower crude oil prices after a historic deal between world powers and Iran on its nuclear programme.The Nifty at the National S...

IRDA to provide unique ID numbers for hospitals to mine data on tariffsl

RBI widens definition of infra lending in bid to expedite projects

RBI has widened the definition of infrastructure lending. In a notification issued from Mumbai on Monday, RBI has said that new sub-sectors that have been added in the list will include hotels with project cost of more than 200 crore rupees bring built anywhere in India and of any star rating. The l...

Centre to invest Rs. 12,000 cr for infra development of Kolkata Port Trust

The Centre will invest Rs. 12, 000 crore for infrastructural development of the Kolkata Port Trust.Speaking to newsmen after inaugurating the bulk coal movement project from Sagar sandhead to Farakka in Kolkata on Monday, the Shipping Minister G.K. Vasan said that the Kolkata Port Trust plays an imp...

Centre to invest Rs. 12,000 cr for infra development of Kolkata Port TrustNews Heading

The Centre will invest Rs. 12, 000 crore for infrastructural development of the Kolkata Port Trust.Speaking to newsmen after inaugurating the bulk coal movement project from Sagar sandhead to Farakka in Kolkata on Monday, the Shipping Minister G.K. Vasan said that the Kolkata Port Trust plays an imp...

CCEA approves continuation of Agriculture Export Plan of APEDA

The Cabinet Committee on Economic Affairs, CCEA has approved the continuation of Agriculture Export Promotion Plan Scheme of the Agricultural and Processed Food Products Export Development Authority (APEDA) in the 12th Plan period. The decision was taken in CCEA meeting chaired by Prime Minister Dr ...

Sensex surges 388 points to end at 20,605

Snapping three days of losses, the Sensex at the Bombay Stock Exchange surged 388 points to close at 20,605 on Monday.The Sensex rose on fresh buying by foreign funds, amid lower crude oil prices after a historic deal between world powers and Iran on its nuclear programme.The Nifty at the National S...

Sensex gains 213 points in noon trade

Snapping three days of losses, the Sensex at the Bombay Stock Exchange surged 213 points, or 1.1 percent, to trade at 20,430, in the afternoon session, a short while ago, on buying by funds amid firm Asian markets. The Nifty at the National Stock Exchange advanced 66 points, or 1.1 percent, to 6,061...

Oil prices down

Oil prices have fallen after Iran agreed a deal to curb some of its nuclear activities in return for easing of international sanctions against it. Iran holds the world's fourth-largest oil reserves but its exports have been hurt by the tough sanctions. Though Iran will not be allowed to inc...