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March 21, 2013 10:17 AM
The BSE benchmark index Sensex today rose over 103 points in early trade. This follows emergence of buying atprevailing levels amid a firming trend overseas.The 30-share index, which had lost 686 points in the last four sessions, recovered by 0.54 percent, to 18,987 points with all the sectoral indi...
March 21, 2013 10:16 AM
The rupee today gained 14 paise to 54.22 against the dollar in early trade. This follows increased selling of the US currency by exporters and banks.Forex dealers said strengthening of the euro against the dollar overseas and a higher opening in the domestic equitymarket also supported the local cur...
March 21, 2013 8:52 AM
The US Federal Reserve has said that the economy has strengthened moderately but still needs stimulus measures to underpin recovery. In a statement after a two-day meeting, the Federal Reserve said it would keep its policy of buying 85 billion dollar a month of Treasury bonds and mortgage-backed sec...
March 21, 2013 8:50 AM
The President of Cyprus will today present political leaders a new Plan for funding the country's controversial bailout. Earlier it was announced that banks which have been shut all week to prevent mass withdrawals would stay closed until next Tuesday. Politicians have been scrambling to fi...
March 21, 2013 8:40 AM
Prime Minister Manmohan Singh has formed a ministerial panel which will discuss impact of retail FDI and minimum support prices among other things. The step has been taken to address concerns of farmers who have been agitating in the capital for two days. Pawar told reporters after the panel&apo...
March 20, 2013 4:58 PM
Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange declined 124 points, or 0.7 percent, to close below the 19,000 level for the first time in three weeks, at 18,884, today, on concerns about economic reforms. The Sensex has now lost over 680 points in the last four trad...
March 20, 2013 4:56 PM
Foreign direct investment (FDI) in India grew by 8 per cent year-on-year to USD 2.15 billion in January. In January 2012, the country had received FDI worth USD 2 billion.The Department of Industrial Policy and Promotion official told PTI that during the April-January period of the current fiscal, F...
March 20, 2013 4:21 PM
India is the second largest exporter of cotton, cotton yarn and the 6th largest exporter of ready-made garments in the world. Giving this information in a written reply in the Rajya Sabha today, Textiles Minister Anand Sharma said in 2011-12, India's textiles exports were 33.3 billion dolla...
March 20, 2013 2:23 PM
The government has a proposal to extend the 2 per cent subsidy period to partially offset the high cost of credit for the exporters. This was stated by Minister of State for Commerce Dr D Purandeswari in a written reply in the Rajya sabha today. She said that prior to June, 2012, the scheme was avai...
March 20, 2013 2:16 PM
The government has taken a number of steps to accelerate the industrial growth of the country. The measures include announcement of the National Manufacturing Policy with the objectives of increasing the share of manufacturing in GDP to 25 per cent and creating one hundred million additional jobs ov...
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Last Updated: 20th Jun 2026
