Business

November 30, 2012 2:20 PM

Telecom equipment imports do not raise cyber security threat: MoS IT Deora

The government has said there is no specific cyber security threat arising out of spyware and malwares due to telecom equipment being imported from any specific country. Stating this in a written reply in the Rajya Sabha today, the Minister of State for Communications and IT Milind Deora said a fram...

November 30, 2012 2:19 PM

Agri sector share in GDP shows decline: Mos Agri Anwar

The share of agriculture sector in the country's GDP has declined from 15.8 percent in 2008-09 to 14.5 percent in 2010-11. Stating this in the Rajya Sabha today, Minister of State for Agriculture and Food Processing Tariq Anwar said the decline of 1.3 percent over two years is on account of...

November 30, 2012 1:55 PM

Economic growth declines to 5.3% in Jul-Sep quarter

The Indian economy grew by 5.3 per cent in the July-September period of the current financial year (2012-13), pulled down by poor performance of manufacturing and agriculture sectors, showing persistent signs of slowdown.The gross domestic product had expanded by 6.7 per cent in the same period of l...

November 30, 2012 1:40 PM

Sensex in the green after release of GDP data

The Sensex at the Bombay Stock Exchange rose 142 points, or 0.7 per cent, to 19,313, in early trade, today, on sustained buying by funds, ahead of second quarter GDP data, and amid positive regional bourses. After the release of the GDP data, the Sensex remained firm, and stood 151 points, or 0.8 pe...

November 30, 2012 1:28 PM

Cash transfer scheme to be implemented in phased manner: MoS Finance Meena

The government has decided to move towards direct transfer of cash subsidy to people living below poverty line in the phased manner.Giving this information in the Lok Sabha, Minister of State for Finance Namo Narain Meena said that pilot projects have been launched in Alwar, and Mysore in respect of...

November 30, 2012 12:50 PM

Sensex rises for fourth straight day; up 158pts at 19,325

The BSE benchmark Sensex rose for the fourth straight day by surging nearly 158 points to 19,325 in aftrenoon trade today on sustained buying by funds ahead of second quarter GDP data amid a firm trend in Asian regions.Similarly, the wide-based National Stock Exchange index Nifty traded higher by 40...

November 30, 2012 12:34 PM

Rupee up 36 paise at 54.48 against dollar in early trade

Rupee strengthened by 36 paise to 54.48 against the US dollar in early trade today at the Interbank Foreign Exchange on selling of American currency by exporters and banks. The rupee had gained 61 paise, its biggest gain in two months at 54.84 in yesterday's trade.

November 30, 2012 10:32 AM

Oil prices ease in Asian trade

Oil prices eased in Asian trade today as investors took profit from a rise in New York, while markets remain volatile as US lawmakers hold talks on averting the fiscal cliff.New York's main contract, West Texas Intermediate for January delivery, was down 31 cents at 87.76 dollars a barrel i...

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