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August 12, 2013 9:25 PM
The Sensex at the Bombay Stock Exchange gained 158 points, or 0.8 percent, to close at 18,947, on Monday, amid encouraging trade data, hopes of more steps by the government to support the rupee, and rising regional markets. The Nifty at the National Stock Exchange climbed 47 points, or 0.8 percent, ...
August 12, 2013 5:32 PM
The Sensex at the Bombay Stock Exchange gained 158 points, or 0.8 percent, to close at 18,947, on Monday, amid encouraging trade data, hopes of more steps by the government to support the rupee, and rising regional markets. The Nifty at the National Stock Exchange climbed 47 points, or 0.8 percent, ...
August 12, 2013 5:30 PM
In an encouraging sign, the country's exports grew 11.6 per cent in July, the most in nearly two years, to 25.8 billion dollars. Imports declined 6.2 per cent, to 38.1 billion dollars in July. The trade deficit remained unchanged from 12.2 billion dollars in June.Gold and silver imports fel...
August 12, 2013 5:28 PM
The Finance Minister told the Lok Sabha today that the Current Account Deficit, CAD, in fiscal 2013-14 will be contained at 70 billion US dollars. This amounts to 3.7 per cent of the Gross Domestic Product, GDP, as against 4.8 per cent in 2012-13. Making a statement on the Securities Laws Amendment ...
August 12, 2013 1:55 PM
Building on initial gains, the Sensex at the Bombay Stock Exchange climbed 229 points, or 1.2 percent, to cross the 19,000-mark, at 19,019 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a gain of 163 points, or 0.9 percent, at 18,952 on buying by funds and ...
August 12, 2013 1:13 PM
The rupee trimmed its initial gains against the American currency, but was still quoted higher by 14 paise to 60.74 in late morning trade. The rupee resumed higher at 60.48 as against the last weekend's level of 60.88 at the Interbank Foreign Exchange Market and firmed up further to 60.45 p...
August 11, 2013 3:01 PM
Stepped up efforts by Finance Ministry to check revenue leakage have resulted in a detection of evasion of over 2,158 crore rupees in direct and indirect taxes in the last quarter of 2012-13. According to an official document, the detection came through a unique initiative of online monitoring syste...
August 10, 2013 11:36 AM
In Kerala, the first vessel carrying Liquified Natural Gas (LNG) to the Petronet LNG Terminal at Puthuvype will reach Kochi tomorrow. The vessel is carrying 58,464 metric tonnes of LNG from Qatar. The new LNG terminal at Puthuvype in Kochi has been set up at a cost of 3750 crore rupees.The consignme...
August 10, 2013 9:16 AM
Apple has won a key patent case against rival Samsung at the US International Trade Commission (US ITC). The US ITC upheld a 2011 decision, which found that Samsung had infringed Apple patents in the production of mobile phones, media players and tablets. The US ITC has ordered that Samsung devices ...
August 9, 2013 11:00 AM
Finance Minister P Chidambaram has asked service tax defaulters to come out clean by taking advantage of Service Tax Voluntary Compliance Encouragement Scheme. Releasing a booklet, Frequently Asked Questions, on the scheme in New Delhi today Chidambaram said the scheme offers no penalty - no interes...
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