Business

August 2, 2013 11:03 AM

Sensex up 135 points in early trade

The Sensex at the Bombay Stcok Exchange today recovered by nearly 135 points to 19,452 in early trade. It snapped its seven-session losing streak on buying by funds and retail investors after the government approved liberalisation of FDI norms in a dozen sectors amid a firming trend in Asian region....

August 1, 2013 10:28 AM

Sensex up by 179 points in early trade

Snapping the six-day losing streak, the Sensex at the Bombay Stock Exchange recovered by 179 points in early trade today, on emergence of buying by funds and retail investors, after the government announced plans for further liberalisation, amid a firming trend in the Asian region.The 30-share barom...

July 31, 2013 7:49 PM

Growth in country's eight infrastructure industries plunge to 0.1% in June

Growth in the country's eight infrastructure industries plunged to 0.1 per cent in June, mainly due to contraction in crude oil, natural gas, coal and electricity output. The eight core industries had expanded 7.9 per cent in the June last year. The contraction in production of coal, crude ...

July 31, 2013 8:53 AM

Handicrafts export likely to double in 3 years: Rao

Union Minister of Textiles Dr. K S Rao has said that Handicraft sector is providing direct employment to more than 70 lakh artisans and craft persons, mostly from backward and weaker sections of society. Speaking on the occasion of 19th handicrafts Export Awards function held in New Delhi, the Minis...

July 30, 2013 1:44 PM

Sensex down 133 points in noon trade

The Sensex at the Bombay Stock Exchange has lost 133 points, or 0.7 percent, to 19,460, a short while ago, as selling pressure intensified in afternoon trade, after the announcement of the Reserve Bank's monetary policy review. Earlier in the morning, however, the Sensex had opened with a g...

July 30, 2013 11:56 AM

Sensex down 79 points in noon trade<br/>

The Sensex at the Bombay Stock Exchange lost 79 points to 19,515 in late morning trade today. Earlier, the 30-share barometre recovered 27 points in morning trade as funds and investors made selective buying ahead of the RBI&apos;s quarterly monetary policy review, amid a firming Asian trend.The...

July 30, 2013 11:45 AM

Oil lower in Asian trade

Oil was lower in Asian trade today as investors paused ahead of a US central bank meeting, hoping for clear signals on stimulus measures.New York&apos;s main contract, West Texas Intermediate for delivery in September, was down 27 cents at 104.28 dollars abarrel in mid-morning trade, and Brent N...

July 29, 2013 6:00 PM

FIPB clears Etihad Airlines buying 24% stake in Jet Airways

Foreign Investment Promotion Board (FIPB) today cleared Abu Dhabi-based Etihad Airlines buying 24 per cent stake in Jet Airways for 2,058 crore rupees. Sources said that the deal has been cleared with some riders like Jet seeking centre&apos;s prior approval for any changes in the Share Holders ...

July 29, 2013 4:46 PM

Sensex down 155 pts to close at nearly 3-week low

Sliding lower for the fourth day, the Sensex today fell 155 points to nearly three-week low of 19,593.28. The Sensex, shed 555 points in last three sessions,fell further by 154.91 points, or 0.78 per cent to 19,593.28 -- its lowest closing value of 19,294.12 on July 10.

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