Moily advocates for steps to check losses on sale of subsidised fuel sales

Petroleum and Natural Gas Minister Veerappa Moily has advocated for corrective steps to check losses on sale of subsidised fuel sales. In his letter written to the Prime Minister he has apprehended losses will rise to unprecedented one lakh 80 thousand crore rupees compared to last year's o...

Moily advocates for corrective steps to check losses on sale of subsidised fuel sales

Petroleum and Natural Gas Minister Veerappa Moily has advocated for corrective steps to check losses on sale of subsidised fuel sales. In his letter written to the Prime Minister he has apprehended losses will rise to unprecedented one lakh 80 thousand crore rupees compared to last year's o...

Rupee free fall may not hit agriculture sector: Nabard chief

In Chhattisgarh, National Bank for Agriculture and Rural Development (NABARD) chairman Prakash Bakshi said that the continuing fall of value of rupee against the dollar is not likely to cause any negative impact on the agriculture sector.He told newsmen in Raipur that there could be some impact on t...

RBI allows premature encashment of 8% Savings Taxable Bonds

HLL Biotech enters into agreement with Institute of Immunology,Croatia

Arvind Mayaram meets treasury heads of foreign banks

With the Rupee still under pressure, Economic Affairs Secretary Arvind Mayaram on Saturday held a discussion in Mumbai with the treasury heads of leading foreign banks.The meeting held at the LIC headquarters was attended by treasury heads of foreign banks like Standard Chartered, HSBC, among others...

RBI allows premature encashment of 8 per cent Savings (Taxable) Bonds for individual senior citizen investors above 60 years

HLL Biotech Limited enters into an agreement with Institute of Immunology, Croatia<br/>

Rupee loses 32 paise to 66.87 against Dollar in late morning trade

The rupee trimmed its early losses, but was still quoted down by 32 paise to 66.87 rupees per dollar in late morning trade yesterday on month-end demand for the US currency from banks and importers. The rupee resumed lower at 67 rupees per dollar as against the last closing level of 66.55 rupees and...

Sensex gains 219 points to close at 18,620

The Sensex at the Bombay Stock Exchange gained 219 points, or 1.2 percent, to close at 18,620, after very volatile trade,on Friday. The Nifty at the National Stock Exchange rose 63 points, or 1.2 percent, to 5,472.