IFC to aid PPP project development in Madhya Pradesh

Sensex down by over 100 points in afternoon trade

The Sensex at the Bombay Stock Exchange fell 113 points, 0.6 per cent, to 19,452 in early trade, today, on sustained selling by funds, amid weakness in the regional bourses.Later, the Sensex remained subdued, and stood 104 points, or 0.5 per cent in the red, at 19,461 in afternoon trade, a short whi...

Sensex trading over 100 points down in afternoon deals

The Sensex at the Bombay Stock Exchange was trading 118 points down at 19,447 in afternoon deals. Earlier, the 30-share index fell by 91 points, to 19,474 in the morning.The Nifty at the National Stock Exchange was also trading 38 points in the red, at 5,876.

Rupee quoting higher by five paise at 54.13 against dollar

Surrendering most of its early gains, the rupee was quoting higher by 5 paise to 54.13 rupees in late morning deals on dollar selling by banks and exporters amid persistent capital inflows from foreign funds. The rupee gained 14 paise to 54.04 rupees against the dollar in early trade. The rupee resu...

Sensex falls 91 points in late morning deals

The Sensex at the Bomaby Stock fell by 91 points to 19,474 in late morning deals today. Earlier Sensex fell by 113 points, to 19,452 in the opening session led by losses in stocks of consumer durable, auto and information technology sectors. The 30-share barometer, lost over 118 points in the previo...

Industrial Production shows recovery; up 2.4% in Jan

Showing green shoots of recovery, industrial production inched up 2.4 per cent in January mainly due to perk up in manufacturing output and enhanced power generation.The factory output, as measured by the Index of Industrial Production or IIP had grown by 1 per cent in January, 2012.For the April-Ja...

Bank credit to agriculture sector grows by 19.8 per cent in January

Bank credit to agriculture sector increased significantly by 19.8 per cent in January, up from 6.3 per cent in the same month last year. Credit to industry however witnessed a slower growth at 15.2 per cent in January as against 20.2 per cent reported a year ago. This pulled down the overall non-foo...

Sensex down 81 pts to close at 19,565

The Sensex at the Bombay Stock Exchange declined 81 points, or 0.4 percent, to close at 19,565, today, after disappointing inflation data tempered hopes of a rate cut by the Reserve Bank, and as regional markets lost ground. The Nifty at the National Stock Exchange fell 28 points, or 0.5 percent, to...

Revised DTAA is win-win situation for India & Mauritius: Prez Pranab Mukherjee

President Pranab Mukherjee has said that the Revised Double Taxation AvoidanceAgreement or DTAA is a win-win situation for India and Mauritius. He said, India and Mauritius are jointly working to find out a mutually acceptable and beneficial outcome on the DTAA. Mukherjee, who is Port Louis on a thr...

Steps in place to gather info on illegal accounts opened by Indians abroad : MoS Finance

The government has taken various steps to find out concrete information about the illegal bank account opened by Indians in foreign banks. This was informed by Minister of State for Finance S.S. Palanimanickam in a written reply in the Rajya Sabha today. He said multi-pronged strategy is being imple...