No decision taken on shutting down petrol pumps at night: Moily

Minister of Petroleum and Natural Gas, M Veerappa Moily says, the government has not taken a decision to shut petrol pumps at night. He told reporters in New Delhi that the idea came from public and the government had not made any such proposal.AIR Correspondent reports the Ministry plans to launch ...

Bhutan has sought investments from India in different sectors like infrastructure, power, education, IT and healthcare to further enhance bilateral economic ties. Addressing captains of Indian industry in New Delhi today, visiting Bhutan Prime Minister Lyonchhen Tshering Tobgay said infrastructure d...

Sensex gains 266 points; Closes at 18,886

Rising for the fourth day in a row, the Sensex at the Bombay Stock Exchange gained 266 points, or 1.4 percent, to close at a nearly three-week high of 18,886, on sustained buying by investors, amid firm global markets. The Nifty of the National Stock Exchange advanced 79 points, or 1.4 percent, to 5...

Moily says, govt has not taken decision to shut petrol pumps at night

Minister of Petroleum and Natural Gas, M Veerappa Moily says, the government has not taken a decision to shut petrol pumps at night. He told reporters in New Delhi that the idea came from public and the government had not made any such proposal.AIR Correspondent reports the Ministry plans to launch ...

Sensex up 230 points in noon trade

The Sensex at the Bombay Stock Exchange surged 230 points, or 1.2 percent, to 18,850 in the afternoon trade, a shortwhile ago. The Nifty at the National Stock Exchange climbed 61 points, or 1.1 percent, to 5,533.In other Asian markets, key indices in Japan, China, Hong Kong and Singapore gained betw...

Sensex gains by 160 points in noon trade

The Sensex at the Bombay Stock Exchange surged by 160 points in late morning trade today on sustained buying in FMCG, metal, consumer durable, healthcare andbanking sectors. The 30-share index which rose 133 points in its opening session, gained 160 points to trade at 18,779 when reports last came i...

Rupee falls by 14 paise to 65 rupees, 84 paise per dollar

The rupee trimmed its initial losses in late morning trade today but was still quoted down by 14 paise to 65 rupees, 84 paise per dollar, on demand for the US currency from banks and importers due to higher global cues amid firm equity market.The rupee resumed lower at 66 rupees, 15 paise per dollar...

Sensex gains 133 points in early trade

The BSE benchmark Sensex rose 133 points to trade at 18,752 in early trade today, extending gains for the fourth day in a row.Similarly, the wide-based National Stock Exchange index Nifty moved up by 26 points to 5,498.Sustained buying by funds as well as retail investors and a firming trend on othe...

Rupee falls by 26 paise to 65.96 against the dollar

The Rupee weakened by 26 paise to 65.96 against the dollar in early trade today at the Interbank Foreign Exchange market. Increased dollar demand from importers and slowing economic growth in the April-June quarter in the country put pressure on the domestic currency. The Rupee had gained 85 paise t...

India to save $8.5 bn in oil imports from Iran

India plans to save over 8.5 billion US dollar in foreign exchange this fiscal by increasing crude oil imports from Iran. The country which paid over 144 billion dollar last fiscal forimporting oil, is renewing imports from Iran as unlike imports from other countries it pays the Persian Gulf nation ...