Business

November 19, 2013 9:04 AM

Food grain export to Gulf countries to be started from Kochi Port: Thomas

Export of food grains to Gulf Countries will be started from Kochi Port soon. This was stated by the Minister of State for Food, Consumer Affairs and Public Distribution Prof. K.V. Thomas in Kochi last night. The Food Corporation of India is presently exporting food grains through other ports of the...

November 18, 2013 10:10 PM

RBI extends Rs 5000 cr refinance window for MSME

In order to ease liquidity, the Reserve Bank has opened a Rs. 5,000 crore refinance window for a period of one year for the MSME sector.RBI said in a notification that in view of the need to ease the liquidity stress to Micro and Small Enterprises sector which is employment intensive and contributes...

November 18, 2013 9:51 PM

West Bengal Govt to borrow Rs 1000 cr from market

The West Bengal Government has decided to borrow Rs 1000 crore from market.According to official sources the loan will be taken for ten years maturity and the process of borrowing will start through Reserve Bank of India from Monday.The borrowed money will be utilized for the developmental work of t...

November 18, 2013 7:50 PM

SEBI issues detailed & stringent guidelines on corporate disclosures

The Securities and Exchange Board of India - SEBI has issued detailed and more stringent guidelines on corporate disclosures. Through a press release issued in Mumbai on Monday, SEBI has asked stock exchanges to scrutinise the disclosures filed by listed companies and ensure that no important inform...

November 18, 2013 7:48 PM

FDI in pharma swells to 1.07 bn dollar during April-Aug

Foreign direct investment in the pharma sector has more than doubled to 1.07 billion dollar during April-August period, amid concerns over increasing acquisitions of domestic firms by multinationals.The latest data of the Department of Industrial Policy and Promotion said FDI in drugs and pharmaceut...

November 18, 2013 5:18 PM

Sensex surges 451 points

Logging its best single-day gain in a month, the Sensex at the Bombay Stock Exchange surged 451 points, or 2.2 percent, to close at 20,851 on Monday, on buying by funds and on optimism over Chinese reforms and continued hopes of Fed sticking to its economic stimulus.The Nifty at the National Stock E...

November 18, 2013 5:15 PM

RBI designates 29 bank branches to collect advance income tax

Reserve Bank has designated 29 bank branches, including public and private banks to collect income tax payment in advance of the due date to avoid last minute rush towards March-end.State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Allahabad Bank, Punjab National Bank, Oriental Bank of Commerce...

Most Read

View All arrow-right

No posts found.