Business

January 2, 2013 1:06 PM

Pay due taxes, avail trade facilitation: Revenue Secy

Government today urged all tax assessees to make timely and correct payment of customs and central excise duties and service tax for continued trade facilitations. In a statement, Revenue Secretary, Sumit Bose said that the government is making all out efforts to felicitate trade and industry but a ...

January 2, 2013 1:05 PM

Sensex still trading up by 130 points at 19,711

The 30-share barometer sensex Bombay Stock Exchange was trading at 19,711.40 up by 130 points a short while ago.Earlier in the day, it opened at 19724 gaining 144 points on sustained buying by funds amid a firming Asian trend. With all the sectoral indices, led by realty and metal, the benchmark sen...

January 2, 2013 12:59 PM

Former RBI Chief Y. V. Reddy to head 14th Finance Commission

The government has constituted 14th Finance Commission with Dr. Y V Reddy, former governor of RBI as its Chairman.Planning Commission member, Abhijet Sen, Former Finance Secretary Sushma Nath, Director National Institute for Public Finance and Policy Dr. M Govind Rao and Former acting Chairman Natio...

January 2, 2013 12:08 PM

Sensex gains 164 points in noon trade

The Sensex at the Bombay Stock Exchange gained 144 points to 19,724 in early trade today on sustained buying by funds amid a firming Asian trend. With all the sectoral indices, led by realty and metal, the benchmark sensex was trading in positive zone with gains of up to 1.25 percent. The 30-share b...

January 2, 2013 12:05 PM

US fiscal deal cheer pushes oil prices up in Asia

Oil was up in Asia today, as traders cheered a last-minute deal pieced together by US politicians to avoid the fiscal cliff. New York's main contract, light sweet crude for delivery in February, added 19 cents to 92.01 dollars a barrel and Brent North Sea crude for February delivery gained ...

January 2, 2013 10:12 AM

Rupee at two-week high; trading at 54.31 against dollar

The rupee strengthened by 37 paise to trade at fresh two-week high of 54.31 rupees against the US dollar in early trade today at the Interbank Foreign Exchange on increased dollar selling by exporters and banks amid sustained foreign capital inflows. Dealers said, a higher opening in the domestic eq...

January 2, 2013 10:11 AM

Sensex gains over 143 pts in early trade

The BSE benchmark Sensex today gained over 143 points to 19,724.38 in early trade on sustained buying by funds amid a firming Asian trend. The 30-share barometer rose by 143.57 points with all the sectoral indices, led by realty and metal, trading in the positive zone with gains up to 1.25 per cent....

January 2, 2013 9:55 AM

SBI launches mobile wallet service in Delhi & Mumbai

State Bank of India has launched 'Mobicash Easy', a mobile wallet in Mumbai and Delhi with service offerings like funds transfer and bill paymentamong others. It will also offer services like balance enquiry, mini statement, funds transfer, mobile top-ups, DTH recharge, bill paymen...

January 2, 2013 9:54 AM

Sensex gains 154 points

The Sensex at the Bombay Stock Exchange closed with a good gain of 154 points, or 0.8 per cent, at 19,581, on the first day of 2013, on across-the-board buying by investors, after the US averted the looming fiscal cliff. The Nifty at the National Stock Exchange gained 46 points, or 0.8 percent, to 5...

January 2, 2013 9:46 AM

New EU fiscal treaty comes into force

The European Union's new fiscal treaty for tighter budget co-ordination has came into force. 25 EU countries signed the treaty in March to prevent the recurrence of credit woes triggered by the fiscal crisis in Greece. Britain and the Czech Republic opted out. The treaty came into effect in...

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