Business

September 11, 2013 10:22 AM

Exports up 12.97 % in Aug narrowing trade deficit to $10.9 bn

India's exports grew by 12.97 per cent to 26.14 billion US dollars last month, as compared to the level of 23.14 billion US dollars during the same period last year. Briefing reporters about the trade data in New Delhi yesterday, Commerce and Industry Minister Anand Sharma said that imports...

September 11, 2013 10:21 AM

Exports up by 12.97 % in Aug narrowing trade deficit to $10.9 bn

India's exports grew by 12.97 per cent to 26.14 billion US dollars last month, as compared to the level of 23.14 billion US dollars during the same period last year. Briefing reporters about the trade data in New Delhi yesterday, Commerce and Industry Minister Anand Sharma said that imports...

September 11, 2013 9:23 AM

Corporate investments likely to remain subdued this fiscal: RBI

The Reserve Bank of India has said that corporate investments are likely to remain subdued this fiscal and may even fall below the level seen last year. In its monthly bulletin for September released late last evening, the RBI said that the envisaged investment by the private corporate sector this f...

September 11, 2013 9:22 AM

RBI sets rules for offshore borrowings for banks

The Reserve Bank of India, RBI has said that banks can raise funds overseas above 50 per cent of their Tier-I capital with a minimum maturity of three years, and swap these borrowings with the central bank at a concessional rate for one to three years. In a notification issued yesterday, RBI stated ...

September 11, 2013 9:14 AM

Exports grow by 12.97 % in Aug narrowing trade deficit to $10.9 bn

India's exports grew by 12.97 per cent to 26.14 billion US dollars last month, as compared to the level of 23.14 billion US dollars during the same period last year. Briefing reporters about the trade data in New Delhi yesterday, Commerce and Industry Minister Anand Sharma said that imports...

September 10, 2013 5:38 PM

Sensex up 727 points to end at 19,997

Rising for the fourth straight session, the Sensex at the Bombay Stock Exchange zoomed 727 points, the biggest single-day gain in over 4 years, to end just below the 20,000-mark, at 19,997, today on heavy buying by investors amid strengthening rupee and solid trade data. The Sensex had advanced over...

September 10, 2013 5:37 PM

India's exports grow by 12.97% last month <br/>

India&apos;s exports grew by 12.97 per cent to 26.14 billion US dollar last month as compared to the level of 23.14 billion US dollar during the same period of last year. Briefing reporters about the trade data in New Delhi today, Commerce and Industry Minister Anand Sharma said that imports dec...

September 10, 2013 2:12 PM

Sensex shoots up by 612 points in afternoon trade

Building on initial gains, the Sensex at the Bombay Stock Exchange had shot up 612 points, or 3.2 percent, to 19,882 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had gained 401 points, or 2.1 per cent, to 19,671, on sustained buying by funds and retail investors, trigger...

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