Business

October 4, 2013 1:07 PM

Sensex gains 66 points in afternoon trade

The BSE benchmark Sensex rose 66 points to trade at 19,968 in afternoon deals today. Earlier, it gained 61 points in opening trade. The wide-based National Stock Exchange index Nifty moved up 19 points to 5,929.

October 4, 2013 12:00 PM

Sensex gains 18 points in late morning deals

The BSE benchmark Sensex rose 18 points to trade at 19,920 in late morning deals today. Earlier, it gained 61 points in opening trade. The wide-based National Stock Exchange index Nifty moved up 6 points to 5,916.

October 4, 2013 11:51 AM

Rupee up 28 paise to quote at 7-week high of 61.45 vs Dollar<br/>

The rupee strengthened by 28 paise to a seven-week high of 61.45 against the dollar in late morning deals today on selling of the US currency by banks and exporters triggered by its weakness overseas. Good foreign capital inflows into equity market also boosted the rupee value against the dollar. Th...

October 4, 2013 11:49 AM

CCEA clears Jet Airways' proposed sale of 24% equity to Etihad

The Cabinet Committee on Economic Affairs, CCEA has cleared Jet Airways&apos; proposed sale of 24 per cent equity to Abu Dhabi-based Etihad Airways, paving the way for the biggest ever foreign investment in the Indian aviation sector. The decision was taken at a CCEA meeting chaired by Prime Min...

October 4, 2013 10:23 AM

Sensex gains 61 points in early trade

Continuing its rising streak for the third straight session, the BSE benchmark Sensex rose 61 points to trade at 19,963 in early trade today on sustained buying by funds as well as retail investors. The wide-based National Stock Exchange index Nifty moved up 12 points to 5,922. In the Asian region, ...

October 4, 2013 9:58 AM

Rupee loses 20 paise to quote at 61.93 vs Dollar in early trade

The rupee weakened by 20 paise to 61.93 against the dollar in early trade today on the Interbank Foreign Exchange market. Dealers said, fresh demand for the US currency from importers put pressure on the rupee, but a higher opening in the domestic equity market and dollar&apos;s weakness against...

October 4, 2013 9:41 AM

CCEA nod for extension of Integrated Textile Parks scheme in 12FYP

The CCEA has approved continuation of the scheme for Integrated Textile Parks in the 12th five year plan. It also approved sanction of new projects for utilizing 717 crore rupees the balance left in the 12th five year plan allocation, after meeting committed liabilities of the sanctioned 61 parks. I...

October 3, 2013 8:46 PM

Govt decides to infuse more capital into Public Sector Banks

The Government hasin principle decided to enhance the amount of capital to be infused into Public Sector Banks. The additional amount will be provided to banks to enable them to lend to borrowers in selected sectors at lower rates in order to stimulate demand. The move is also expected to give a boo...

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