The Bangladesh cabinet has approved an amendment proposal on the existing Double Taxation Avoidance Convention with India for the exchange of income tax related information. The amendment was approved at weekly meeting of the cabinet chaired by Bangladesh Prime Minister Sheikh Hasina at the Secretar...

Etihad likely to decide acquisition of stakes in Jet Airways next week

Abu Dhabi based Etihad Airways CEO James Hogan said today that the Etihad Board is likely to take a decision regarding the acquisition of stakes in Jet Airways once due diligence is completed next week. Addressing a press conference in Abu Dhabi today, the Etihad Airways President & CEO Jame...

Sensex falls for the 3rd day in succession

Falling for the third straight session, the Sensex at the Bombay Stock Exchange declined 30 points, or 0.2 percent, to close at a three-week low of 19,751, on mild profit-booking by investors, amid some weak quarterly corporate results, and negative European markets, today. The Sensex had risen 121 ...

Sensex falls for the 3rd day in succession

Falling for the third straight session, the Sensex at the Bombay Stock Exchange declined 30 points, or 0.2 percent, to close at a three-week low of 19,751, on mild profit-booking by investors, amid some weak quarterly corporate results, and negative European markets, today. The Sensex had risen 121 ...

Sensex gains 44 pts in noon trade

Trimming its initial gains, the Sensex at the Bombay Stock Exchange stood 44 points, or 0.2 percent in positive territory, at 19,825 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a bigger gain of 121 points, or 0.6 per cent, at 19,903, on fresh buying by i...

Rupee rises past dollar to over 3 month high

The rupee breached the key 53-level by gaining 26 paise to trade at fresh three-and-a-half-month high of 52.93 in early trade today against the dollar on sustained selling of the American currency by exporters amid continued capital inflows.Besides, a higher opening in the domestic equity market sup...

Sensex up 77 pts in noon trade

The BSE benchmark Sensex gained 77 points to 19,858 in noon trade. Earlier Sensex rose 121 points in morning deals on emergence of buying by funds and retailers amid a firming Asian trend.Similarly, the wide-based National Stock Exchange index Nifty moved up by 20 points, or 0.35 per cent, to 6,019....

Sensex gains over 121 pts in early trade

The BSE benchmark Sensex gained over121 points in early trade today on emergence of buying by funds and retailers amid a firming Asian trend.The 30-share barometer gained 121.41 points, or 0.61 per cent, to 19,902.60. The index had lost almost 224 points in the previous two sessions.Similarly, the w...

New Afghan mining policy ready for approval from Council of Ministers

IT, finance, banking, tourism, trade and transport to be major employment generators during 12th plan: Planning Commission

The Planning Commission says, services like Information Technology, finance and banking, tourism, trade and transport are going to be major employment generators in the 12th five year plan period and beyond. The 12th Plan document calls for adopting sector-specific strategies to ensure sustained exp...