Business

December 17, 2012 1:35 PM

Economy to improve with GDP growth rate 5.7 to 5.9% this fiscal: Govt confident

The Government today expressed confidence that the economy will improve with an overall growth rate of GDP to around 5.7 to 5.9 percent in the current financial year. In its Mid-Year Economic Analysis for 2012-13 tabled by Minister of State for Finance Namo Narain Meena in the Lok Sabha, the governm...

December 17, 2012 12:52 PM

Economy to improve with GDP growth rate 5.7 to 5.9% this fiscal: Govt confident

The Government today expressed confidence that the economy will improve with an overall growth rate of GDP to around 5.7 to 5.9 percent in the current financial year. In its Mid-Year Economic Analysis for 2012-13 tabled by Minister of State for Finance Namo Narain Meena in the Lok Sabha, the governm...

December 17, 2012 12:51 PM

Sensex down 67 pts

The 30-share BSE benchmark Sensex was trading down 67 points and stood at 19,250 in noon deals. The broad based Nifty was also in the red and stood 19 points down, quoting at 5,861, in noon trade.

December 17, 2012 12:30 PM

Rupee down by 5 paise against dollar

The Indian rupee recovered from initial losses against the American currency, but was still quoted lower by five paise to 54.53 per dollar on mild dollar demand from banks and importers. The rupee resumed higher at 54.41 per dollar as against the last weekend's level of 54.48 per dollar at ...

December 17, 2012 12:29 PM

Sensex down 35 pts

The BSE benchmark index, the Sensex was trading down 35 points at 19,282 in late morning deals. The broad based Nifty was also down 13 points and was quoting at 5,867 in morning trade.

December 17, 2012 11:32 AM

Oil prices up in Asia

Oil was up in Asia today on trader expectations of a hike in Chinese crude demand after a key survey showed its manufacturing activity hitting a 14-month high in December. New York's main contract, light sweet crude for delivery in January rose 23 cents to 86.98 dollars a barrel and Brent N...

December 17, 2012 11:22 AM

Rupee falls by 10 paise

The rupee today fell by 10 paise to trade at 54.58 against the US dollar in early trade, extending its slide for the fourth day, at the Interbank Foreign Exchange. Dealers said besides strengthening of the dollar against the major currencies, a lower opening in the domestic equity market mainly put ...

December 17, 2012 10:15 AM

Sensex declines by 33 pts

The BSE benchmark Sensex declined by 33 points in early trade today as investors preferred to book profits ahead of the RBI's mid-quarter monetary policy review tomorrow. Besides, a mixed trend on Asian bourses also dampened the trading sentiments.The 30-share barometer, which gained 88 poi...

December 15, 2012 9:53 PM

Govt launches Online Patent Filing Services

The Government on Saturday launched the Comprehensive Online Patent Filing Services to simplify the process and eliminate transactional errors. The new web-based service up grades the existing e-filing system to facilitate all the prescribed forms and fees for registration of Patents.Inaugurating th...

December 15, 2012 9:50 PM

ASEAN -India Car Rally, 2012 enters India

The Association of South-East Asian Nations (ASEAN) -India Car Rally, 2012 entered India via Manipur border town Moreh on Saturday morning.Altogether 112 participants in thirty one cars crossed the border bridge at the Lokchao River that demarcates the territories of Myanmar and India.They have been...

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