Pakistan likely to delay to grant India MFN status<br/>

Pakistan is likely to delay the target of granting India the Most Favoured Nation (MFN) status.Commerce Ministry officials said the country had announced in October 2011 that it would grant MFN status to India on January 1, 2013.The officials said that the federal cabinet had to grant final approval...

542 lakh hectare area covered under Rabi crops so far: Agri Ministry

Around 542 lakh hectare area have been covered under the cultivation of Rabi crops in various parts of the country so far. According to data released by the Ministry of Agriculture,the sowing area is 4.75 lakh hectare less than the total covered area during the same perod of last year. Wheat has bee...

Jet Airways launches New Delhi-Dubai & Mangalore-Dubai flight

Jet Airways has announced the launch of new flights on the New Delhi-Dubai and Mangalore-Dubai sector from January next year.The New Delhi-Dubai-New Delhi flight will be a dialy flight in the day time and will become operational from January 8.The Dubai-Mangalore-Dubai flight will start operations f...

Rupee up by 3 paise

The rupee moved up by three paise to 54.91 against the dollar in late morning trade on Friday despite higher value of the American currency overseas.The Indian rupee moved in a narrow range of 54.86 and 54.97 per dollar before quoting 54.91 at the Interbank Foreign Exchange (Forex) Market.In New Yor...

Ratan Tata retires as Tata Group Chairman<br/>

Ratan Tata retires as Tata Group Chairman

Sensex gains 121 pts to close at 19,445

The Sensex at the Bombay Stock Exchange gained 121 points, or 0.6 per cent, to close at 19,445, amid rising Asian markets, on Friday. The Nifty at the National Stock Exchange rose 38 points, or 0.7 percent, to 5,908.Stock markets in Japan, China, Hong Kong, South Korea and Singapore gained between 0...

Rupee strengthens 3 paise to 54.91 against US dollar

The rupee inched up by three paise to 54 rupees 91 paise against the American currency in late morning trade today on mild selling of dollars from banks despite its higher value overseas.Earlier, the rupee had resumed higher at 54 rupees 87 paise per dollar as against the last closing level of 54 ru...

Sensex gains 86 points in afternoon deals

The Sensex at the Bombay Stock Exchange rose 97 points, or 0.5 per cent, to 19,421 in early trade, this morning, on fresh buying by investors, amid rising regional bourses. Later, the Sensex remained firm and stood 86 points, or 0.5 per cent in the green, at 19,410 in afternoon deals, a short while ...

Ratan Tata retires after steering Tata Group for 21 years as Chairman

Tata Group Chairman Ratan Tata is retiring today at the age of 75. He transformed the Tata group from a conventional corporate house into a 100 billion dollar global conglomerate with high-profile acquisitions abroad. He will hand over the reins of the group to 44-year old Cyrus Mistry, who was chos...