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Over 4.5 million cash transfers made to consumers under LPG(DBT)

August 22, 2013 1:18 PM

Over 4.5 million cash transfers made to consumers under LPG(DBT)

Over 4.5 million direct cash transfers have been made to consumers' bank accounts under the Direct Benefit Transfer scheme for LPG (DBTL) till the 20th of this month. These transactions amounted to 187.65 crore rupees transferred to the LPG consumers in 20 districts.A Petroleum and Natural ...

Sensex recovers losses;gains 167 points in afternoon trade

August 22, 2013 1:09 PM

Sensex recovers losses;gains 167 points in afternoon trade

Recovering after its initial losses, the Sensex was trading 167 points up at 18,073 points, a short while ago. It fell by 76 points in the early trade today, extending its losing streak for the fifth straight day. The 30-share index had lost over 1,461 points in the previous four sessions.Similarly,...

Over 4.5 million direct cash transfers made to consumers under LPG(DBT)

August 22, 2013 12:55 PM

Over 4.5 million direct cash transfers made to consumers under LPG(DBT)

Over 4.5 million direct cash transfers have been made to consumers' bank accounts under the Direct Benefit Transfer scheme for LPG (DBTL) till the 20th of this month. These transactions amounted to 187.65 crore rupees transferred to the LPG consumers in 20 districts.A Petroleum and Natural ...

As rupee plunges further, Sensex trades 47 points down

August 22, 2013 12:06 PM

As rupee plunges further, Sensex trades 47 points down

The Sensex was trading 47 points down at 17,859 points, a shortwhile ago. It fell by 76 points in the early trade today, extending its losing streak for the fifth straight day. The fall was due to sustained selling pressure as the rupee plunged to new record low of 65 against the dollar. The 30-shar...

EGoM set up to ensure speedy implementation of power projects

August 22, 2013 11:23 AM

EGoM set up to ensure speedy implementation of power projects

An Empowered Group of Ministers, EGoM has been constituted to quickly resolve infrastructural issues and to ensure speedy implementation of power projects. Altogether 94 power projects are pending in the country for clearance from Environment and other ministries. Addressing the Consultative Committ...

Rupee plunges further to hit record low of 65 against US Dollar

August 22, 2013 11:22 AM

Rupee plunges further to hit record low of 65 against US Dollar

The rupee today plunged further by 89 paise to hit new record low of 65 rupees against the US dollar in early trade on the Interbank Foreign Exchange market. The fall was attributed to the heavy demand for the US currency from banks and importers amid a weak opening in the domestic equity market.The...

Sensex extends losing streak; down 76 points in early trade

August 22, 2013 10:53 AM

Sensex extends losing streak; down 76 points in early trade

The Sensex at the Bombay Stock Exchange today fell by 76 points in the early trade, extending its losing streak for the fifth straight day. The fall was due to sustained selling pressure as the rupee plunged to new record low of 65 against the dollar.The 30-share index declined by 76 points to 17,82...

Rupee plunges further by 89 paise to hit record low of 65 against US Dollar

August 22, 2013 10:52 AM

Rupee plunges further by 89 paise to hit record low of 65 against US Dollar

The rupee today plunged further by 89 paise to hit new record low of 65 rupees against the US dollar in early trade on the Interbank Foreign Exchange market. The fall was attributed to the heavy demand for the US currency from banks and importers amid a weak opening in the domestic equity market.The...

Gov'nor concurred with majority on unchanged repo rate: RBI minutes

August 22, 2013 10:08 AM

Gov'nor concurred with majority on unchanged repo rate: RBI minutes

Reserve Bank of India (RBI) Governor Duvvuri Subbarao concurred with the majority of external members on its monetary policy committee in keeping the policy repo rate unchanged at the July 30 policy review, minutes of the meeting showed.The minutes released by the RBI on Wednesday showed that four o...

Governor concurred with majority on unchanged repo rate: RBI minutes

August 22, 2013 10:05 AM

Governor concurred with majority on unchanged repo rate: RBI minutes

Reserve Bank of India (RBI) Governor Duvvuri Subbarao concurred with the majority of external members on its monetary policy committee in keeping the policy repo rate unchanged at the July 30 policy review, minutes of the meeting showed.The minutes released by the RBI on Wednesday showed that four o...

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