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October 14, 2012 7:10 PM
Finance Minister P. Chidambaram says, the government plans more changes in capital markets, insurance, banking and infrastructure in the next few weeks. In an interview to a TV channel in Tokyo, he indicated that the Budget for next year will focus on cutting wasteful expenses and promoting investme...
October 14, 2012 5:43 PM
The government plans to launch the 10th edition of oil and gas block auction after a thorough revamp of existing exploration policy to make it more investor friendly. Talking to reporters at Petrotech 2012 Conference in New Delhi, Oil Minister S Jaipal Reddy said that a committee headed by the Prime...
October 14, 2012 11:38 AM
Foreign institutional investors, FII poured in over 10,000 crore rupees in the stock market this month so far enthused by reforms initiatives taken by the government to boost economic growth and investor sentiment. As per data available with market regulator SEBI, during October 1-12, overseas inves...
October 12, 2012 5:21 PM
The Sensex at the Bombay Stock Exchange dropped 130 points, or 0.7 percent, to close at 18,675, today, on a disappointing guidance by IT major, Infosys, and weak industrial growth numbers. The Nifty at the National Stock Exchange slipped 32 points, or 0.6 percent, to 5,676.
October 12, 2012 2:30 PM
The rupee today dropped by 12 paise to 52 rupees 80 paise against the US dollar in the late morning trade on fresh dollar demand from banks amidst persistent capital inflows. Earlier the rupee resumed marginally higher at 52 rupees 65 paise per dollar as against the last closing level of 52.68 at th...
October 12, 2012 2:29 PM
The Sensex at the Bombay Stock Exchange stood 67 points, or 0.4 percent in the red, at 18,738, in afternoon deals, amid volatile trade, a short while ago. Earlier in the morning, the Sensex had opened 66 points, or 0.4 per cent in negative territory, at 18,739, after IT major, Infosys' seco...
October 12, 2012 2:17 PM
Higher prices of sugar, edible oils, vegetables and pulses kept retail inflation near double digit at 9.73 per cent in September, marginally down from the previous month. According to the Consumer Price Index (CPI) data released today, In August, it was 10.03 per cent. The highest rise in prices las...
October 12, 2012 2:16 PM
Higher prices of sugar, edible oils, vegetables and pulses kept retail inflation near double digit at 9.73 per cent in September, marginally down from the previous month. According to the Consumer Price Index (CPI) data released today, In August, it was 10.03 per cent. The highest rise in prices las...
October 12, 2012 1:54 PM
Higher prices of sugar, edible oils, vegetables and pulses kept retail inflation near double digit at 9.73 per cent in September, marginally down from the previous month. According to the Consumer Price Index (CPI) data released today, In August, it was 10.03 per cent. The highest rise in prices las...
October 12, 2012 1:32 PM
Industrial growth slowed to 2.7 per cent in August due to poor show by the manufacturing sector and contraction in capital goods output. This may prompt the Reserve Bank to cut key interest rates in its second quarter policy review later this month.According to the official data released today, indu...
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