Business

December 20, 2012 9:34 AM

Several govt. schemes to support SMEs: Mos Commerce

The government has said that it is implementing various schemes to support small and medium sector industries. Replying to questions in the Rajya Sabha, Minister of State for Commerce and Industry, D Purandeswari, however, said that the decline in growth in the manufacturing sector can be attributed...

December 20, 2012 9:33 AM

Rupee rises by 12p to 54.73 against dollar

The rupee rose by 12 paise to 54.73 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange on selling of American currency by exporters and banks.The rupee had closed flat at 54.85 against the US dollar in yesterday's trade amid RBI keeping key rates unchanged i...

December 20, 2012 9:32 AM

Sensex rises 111 pts

Rising for the second straight day, the Sensex at the Bombay Stock Exchange rose 111 points, or 0.6 per cent, to close at 19,476, on Wednesday, after the Lok Sabha passed the banking bill. The Nifty at the National Stock Exchange gained 33 points, or 0.6 percent, to 5,930.Stock markets in Japan, Hon...

December 19, 2012 5:34 PM

5 lac passengers traveled in various domestic airlines in Oct

Around five lakh more passengers traveled in various domestic airlines in the last month compare to October this year. As per the passenger traffic data submitted by various domestic airlines, the total passengers carried by the scheduled domestic airlines in the last month were over 50 lakhs, while...

December 19, 2012 5:09 PM

Sensex rises 111 pts

Rising for the second straight day, the Sensex at the Bombay Stock Exchange rose 111 points, or 0.6 per cent, to close at 19,476, today, after the Lok Sabha passed the banking bill. The Nifty at the National Stock Exchange gained 33 points, or 0.6 percent, to 5,930.Stock markets in Japan, Hong Kong,...

December 19, 2012 2:58 PM

Sensex in the green at 19,458 in noon deals

The Sensex at the Bombay Stock Exchange rose 122 points, or 0.6 per cent, to 19,487 in early trade, this morning, on sustained buying by investors, on optimism that the Reserve Bank will ease monetary policy next month, and amid positive Asian bourses. Later, the Sensex remained firm, and stood 93 p...

December 19, 2012 2:53 PM

Govt mulling quota in recruitment of IIM & IIS faculty

The Government is considering implementation of quota in faculty recruitments for SC, ST and OBCs with respect to the Indian Institutes of Management (IIMs) and the Indian Institute of Science (IIS), Bangalore. Minister of State for Human Resource Development, Shashi Tharoor told this to the Lok Sab...

December 19, 2012 2:47 PM

Severasl steps taken to improve industrial climate : MoS Commerce

The government has taken many confidence building measures to improve the industrial climate and manufacturing in the country. This was informed by the Minister of State for Commerce and Industry, Dr S Jagathrakshakan in a written reply in the Rajya Sabha today. He said that the measures include the...

December 19, 2012 2:40 PM

FDI in retail will help unlock potential of agri value chain : MoS Commerce

The government today said that opening up of Foreign Direct Investment, FDI, in multi-brand retail trade is expected to bring in much needed investments, technologies and efficiencies to unlock the true potential of the agriculture value chain. In a written reply in the Rajya Sabha, the Minister of ...

December 19, 2012 1:00 PM

Several govt. schemes to support SMEs: Mos Commerce

The government today said that it is implementing various schemes to support small and medium sector industries. Replying to questions in the Rajya Sabha, Minister of State for Commerce and Industry, D Purandeswari, however, said that the decline in growth in the manufacturing sector can be attribut...

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