UP govt appoints DMRC as interim consultant to L'now Metro

Uttar Pradesh government has appointed Delhi Metro Rail Corporation DMRC as interim consultant to the Lucknow Metro. Quoting official sources AIR Allahabad Correspondent reports that the state cabinet has given its approval for the DMRC appointment. The Lucknow Metro Rail Corporation Ltd LMRC is res...

Sensex zooms over 520 points in afternoon trade

Building on initial gains, the Sensex at the Bombay Stock Exchange had shot up 521 points, or 2.7 percent, to 19,791 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...

Taxes & poor infra impediment to aviation growth : FICCI survey

A recent survey conducted by global consultancy EY and the Federation of Indian Chambers of Commerce and Industry (FICCI) on the aviation sector has shown that the aviation sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure. According t...

Sensex gains 450 points in late afternoon trade

The Sensex at the Bombay Stock Exchange today gained 450 points to 19,720 in late afternoon trade. The rise is attributed to persistent buying mainly in Auto, Capital Goods, Realty, Banking, FMCG stocks on the back of sustained foreign capital inflows coupled with higher global cues. The 30-share in...

Oil prices fall on Russia proposal to avert Syria strike

Oil prices fell below USD 109 a barrel today after Damascus reacted favourably to a proposal to turn over its chemical weapons. Benchmark oil for October delivery fell 1.16 US Dollar per barrel to 108.36 US Dollars at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The...

Sensex gains over 550 points in late morning trade

The Sensex at the Bombay Stock Exchange today gained 554 points to 19,824 in late morning trade on persistent buyingmainly in Auto, Capital Goods, Realty, Banking, FMCG stocks on the back of sustained foreign capital inflows coupled with higher global cues. The 30-share index, rose by 401 points in ...

Rupee rules firm; surges by 99 paise to 64.25 per Dollar

The rupee continued to rule firm for the fourth straight day by surging further by 99 paise to 64.25 per dollar on persistent selling of US currency by banks and exporters. The rupee resumed higher at 64.40 against the last weekend's level of 65.24 per dollar at the Interbank Foreign Exchan...

Sensex spurts 401 points; extends gains for fourth straight session

The BSE benchmark Sensex today extended gains for the fourth straight session, spurting 401 points in early trade on sustained buying by funds and retail investors. The 30-share index, which had gained nearly 1,030 points in the past three sessions, rose further by 401 points to 19,671 points with a...

Rupee continues rising streak; up 94 paise at 64.30 in early trade

Continuing its rising streak for the fourth straight day, the rupee today appreciated by 94 paise to 64.30 in early trade against the dollar at the Interbank Foreign Exchange market. The rupee had settled at 77 paise higher at 65.24 against the dollar on Friday. The forex and money markets remained ...

WB govt to set up Rs 500 cr fund to aid investors hit by Sarada scam