Centre takes steps to ensure availability of onions in markets at reasonable prices

The Centre has taken steps to ensure adequate availability of onion in the consumer market at reasonable prices. National Agricultural Cooperative Marketing Federation of India-NAFED has been asked to import onion from other countries at best rates and offer the same for domestic consumption in the ...

India inks $100mn loan agreement with WB for Low Income Housing Finance Project

India has signed a loan agreement of 100 million US dollar with the World Bank for its Low Income Housing Finance Project. An official release said, the objective of the project is to provide access to sustainable housing finance for low income households to purchase, build or upgrade their dwelling...

NAFED to provide best quality onions at reasonable prices

The Centre has taken steps to ensure adequate availability of onion in the consumer market at reasonable prices. National Agricultural Cooperative Marketing Federation of India-NAFED has been asked to import onion from other countries at best rates and offer the same for domestic consumption in the ...

Net profits of Lanka IOC for 3 months ending June 2013 up by 600%<br/><br/>

Lanka IOC, the local unit of Indian Oil Corporation Limited, saw its net profits for the three months ending June 2013 soar by 600 per cent to 1.35 billion Sri Lankan Rupees.The gains have been largely due to cost controls, with revenue remaining almost flat at 18.47 billion rupees.According to the ...

Sensex trading 47 points up at 19,277 in afternoon deals

Trimming some of its initial gains, Sensex at the Bombay Stock Exchange is trading at 47 points up to 19,277, a short while ago. Earlier, it gained 84 points in early trade on sustained buying by funds and retail investors.The wide-based Nifty of the National Stock Exchange moved up by 13 points to ...

Sensex up 283 points to close at 19,230

Sensex gains 192 points in afternoon trade

The domestic stock market rose further in afternoon trade, with the Sensex at the Bombay Stock Exchange gaining 192 points, or 1 percent, to cross the 19,000-mark, at 19,139 a short while ago. Earlier in the morning, the Sensex had opened with a gain of 52 points, or 0.3 per cent, at 18,999, on sust...

RBI auctions bills worth Rs 22000 cr

No need to panic over rising Current Account Deficit: Chidambaram

Finance Minister P Chidambaram on Monday said, there is no need to panic over rising Current Account Deficit, CAD, and asserted that the government will implement solutions to contain it. Addressing a press conference hours after he made a statement in both the Houses of Parliament on measures to ch...

Sebi declares illegal money pooling as fraudulent

To curb rising instances of public getting defrauded by money pooling schemes, capital market regulator Securities and Exchange Board of India, SEBI on Monday decided to declare illegal mobilisation of funds as a fraudulent and unfair trade practice.The decisions were taken by the Sebi board during ...