Business

August 27, 2013 4:59 PM

Anand Sharma says, country to exceed export target of $350 bn this year

Commerce & Industry Minister Anand Sharma today said the Country will exceed the export target of 350 billion dollars this year. Speaking at the Board of Trade meeting in New Delhi Mr. Sharma said that due to the policy measures taken by the Government, the exports in the last fiscal year ha...

August 27, 2013 4:57 PM

Govt says, public sector OMCs combined Q1 losses of Rs 4,403 crore

The government today said that the public sector Oil Marketing Companies, OMCs, have reported a combined loss of 4,403 crore rupees during the first quarter of current fiscal. In written reply to a question in the Rajya Saha, Minister of State for Petroleum and Natural Gas Mrs Panabaaka Lakshimi sai...

August 27, 2013 4:15 PM

Sensex down by 590 pts, closes below 18k

Snapping three days of gains, the Sensex at the Bombay Stock Exchange plummeted 590 points, or 3.2 percent, to close below the 18,000 mark, at 17,968, today, as the rupee hit a new all-time intra-day low against the dollar, and as global markets lost ground. The Nifty at the National Stock Exchange ...

August 27, 2013 2:39 PM

Agri sector FDI inflows worth Rs 70cr in first quarter of fiscal: Pawar

Agriculture sector has attracted FDI inflows worth 70 crore rupees during the first quarter of this fiscal. Replying to a question in the Lok Sabha today, Agriculture Minister Sharad Pawar said that FDI worth 875 crore rupees was received last year while FDI to the tune of 6,612 crore rupees was rec...

August 27, 2013 2:38 PM

Agri sector got FDI inflows worth Rs 70cr in first quarter of fiscal: Pawar

Agriculture sector has attracted FDI inflows worth 70 crore rupees during the first quarter of this fiscal. Replying to a question in the Lok Sabha today, Agriculture Minister Sharad Pawar said that FDI worth 875 crore rupees was received last year while FDI to the tune of 6,612 crore rupees was rec...

August 27, 2013 2:08 PM

Rupee falls to record intra-day low of 65.72 against Dollar

The rupee tumbled to an all-time intra-day low of 65.72 per dollar today on heavy month-end demand of the US currency from importers and banks amid sharp fall in the local equity market. The rupee resumed lower at 65 per dollar as against the last closing level of 64.30 per dollar at the Interbank F...

August 27, 2013 2:05 PM

Sensex plunges over 460 points in afternoon trade<br/>

The Sensex at the Bombay Stock Exchange plummeted 469 points, or 2.5 percent, to 18,089 in afternoon trade as selling pressure intensified after the rupee tumbled to a new intra-day low against the dollar. Earlier in the morning, the Sensex had opened with a loss of 221 points, or 1.2 per cent, at 1...

August 27, 2013 2:03 PM

Rupee tumbles to all-time intra-day low of 65.72 vs Dollar

The rupee tumbled to an all-time intra-day low of 65.72 per dollar today on heavy month-end demand of the US currency from importers and banks amid sharp fall in the local equity market. The rupee resumed lower at 65 per dollar as against the last closing level of 64.30 per dollar at the Interbank F...

August 27, 2013 1:02 PM

Sensex trading down by over 426 points

The Sensex was trading 426 points down at 18,131 points a shortwhile ago. Snapping 3-day winning spree, the 30-share index today tanked over 221 points in the early trade on fresh selling with banking, realty, metal PSUs and oil and gas sector stocks leading the fall. Sensex had gained over 652 poin...

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