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February 1, 2013 10:39 AM
The Ceylon Tea Traders Association, CTTA, an apex industry association in Sri Lanka, says that the sudden increase of tax on tea exports will hit the industry that is already facing severe crisis.CTTA says that the unilateral and unexpected decision of the government to increase the tax came to ligh...
February 1, 2013 10:32 AM
Snapping a three-day rising streak, the rupee today fell by 10 paise to 53.32 against the dollar in early trade at the Interbank Foreign Exchange (Forex) market on fresh demand for the American currency from banks.Forex dealers said fresh demand for the US dollar from banks mainly put pressure on th...
February 1, 2013 10:21 AM
The European Union has pledged its commitment to conclude an early Free Trade Agreement with India, as External Affairs Minister Salman Khurshid held talks with EU High Representative Catherine Ashton in Brussels.Addressing a press conference with Mr Khurshid, Ms. Ashton said on Thursday that the Eu...
February 1, 2013 10:11 AM
The Sensex at the Bombay Stock Exchange gained 42 points in early trade today, on buying in stocks of consumer durables, oil and gas and capital goods, amid a firming Asian trend.The 30-share barometer had lost 110 points in the previous session.The Nifty at the National Stock Exchange moved up by 1...
February 1, 2013 9:07 AM
Contraction in the output of coal, natural gas, and fertiliser pulled down the growth of the country's eight core sectors to 2.6 percent in December 2012.Official data released yesterday said that the key infrastructure sectors had grown 4.9 per cent in December 2011. However, the growth in...
February 1, 2013 8:53 AM
RBI has suggested that banks should charge for cash withdrawal and deposit through cheques while the government agencies should do away with convenience charges for online payment of utility bills. As per the discussion paper floated by RBI, high cash withdrawals and deposits of cash by individuals ...
January 31, 2013 6:45 PM
Eight core industries have witnessed a 2.6 per cent decline in their growth rate in December 2012 due to drop in production of coal, natural gas and fertilizers. It was 4.9 per cent in the same month of previous year.According to official data released in New Delhi on Thursday, the cumulative expans...
January 31, 2013 6:02 PM
The Sensex at the Bombay Stock Exchange declined 110 points, or 0.6 percent, to close below the 20,000 mark, at 19,895 on Thursday, amid some profit-booking, the monthly expiry in the derivatives segment, and mostly weak global markets.The Nifty at the National Stock Exchange fell 21 points, or 0.4 ...
January 31, 2013 5:57 PM
The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved ONGC Videsh Ltd's acquisition of stake in an Azerbaijan oilfield for 1.001 billion dollars.The CCEA headed by Prime Minister Manmohan Singh approved OVL acquiring US energy major Hess Corp's 2.7213 per cent stake...
January 31, 2013 2:21 PM
The Sensex at the Bombay Stock Exchange fell 23 points, or 0.1 per cent, to 19,982 in early trade, today, ahead of the monthly expiry in the derivatives segment. Later, the Sensex lost some more ground, and stood 81 points, or 0.4 percent in the red, at 19,925 in afternoon deals, a short while ago.K...
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Last Updated: 19th Jun 2026
