Business

September 10, 2012 10:09 AM

Rupee rises by 9 paise against dollar to 55.27

The rupee rose by 9 paise to trade at fresh two-week high of 55 rupees 27 paise against the US currency in early trade today on persistent dollar selling by exporters and some banks. The rupee had strengthened by 30 paise to close at two-week high of 55.36 against the dollar in Friday's tra...

September 10, 2012 10:02 AM

Sensex gains 61 points in early trade

The Sensex at the Bombay Stock Exchange gained 61 points in early trade today on sustained buying by funds and retailers amid a firming trend in Asian region.The 30-share barometer added 61.25 points to 17,810 with stocks of healthcare, IT and banking sectors leading the rise. The index had gained a...

September 9, 2012 9:04 PM

World Economic Forum releases Global Competitiveness Report

The World Economic Forum has released the Global Competitiveness Report for the current year. Switzerland tops the list for the fourth successive year followed by Singapore, Finland and Sweden. Among the other nations Germany is 6th, United States is 7th and Japan is 10th in the ranking of the top 1...

September 9, 2012 2:32 PM

Govt plans to interlink 24000 post offices in 2 years

The government is planning to inter-connect 24,000 post offices within two years that will allow customers to access their accounts from any of these branches and enjoy ATM facility.In this connection, Department of Post will soon start a three-month pilot project across 122 Post Offices on the line...

September 8, 2012 9:00 PM

Gold price touches Rs 32450 per 10 gram

Gold prices has touched a record high of 32,450 per 10 grammes on strong global cues. In the national capital market, the price of yellow metel shot up by 540 rupees on Saturday on aggressive buying by stockists sparked spurt.The precious metal in New York shot up by 34 dollars to 1,735.30 an ounce....

September 8, 2012 8:08 PM

Air India's first Dreamliner touches down at IGI Airport<br/>

The advanced Boeing 787 Dreamliner Aircraft of the Air India on Saturday touched down at the Indira Gandhi International Airport in New Delhi. The arrival ended over four-year wait of the national carrier to add this next-generation airplane to its fleet.The commander of the aircraft Capt A S Soman ...

September 8, 2012 8:04 PM

Govt invites bids for stake sale in NALCO, NMDC

Stakes of two State owned Navratnas - NMDC and NALCO - are to be further disinvested. The Department of Disinvestment has invited bids from merchant bankers for further divesting the governments.The Government has decided to disinvest its 10 per cent paid up equity of NMDC through Offer for Sale of ...

September 8, 2012 6:22 PM

Gold prices touches Rs 32450 per 10 gram

Gold prices has touched a record high of 32,450 per 10 grammes on strong global cues. In the national capital market, the price of yellow metel shot up by 540 rupees on Saturday on aggressive buying by stockists sparked spurt.The precious metal in New York shot up by 34 dollars to 1,735.30 an ounce....

September 8, 2012 2:01 PM

CIAL offers 16% dividend to stakeholders

The Cochin International Airport Ltd (CIAL) has declared a dividend of 16 per cent for its shareholders. This was announced at the 18th Annual General Meeting of the company held in Kochi today.Addressing the Meeting, CIAL Chairman and the Kerala Chief Minister Oommen Chandy said the company achieve...

September 8, 2012 2:00 PM

Sensex gains 66 points in special trade

The Sensex at the Bombay Stock Exchange gained 66 points--or 0.4 per cent---to close at 17,750 after a special 90-minute trading session today. It had gained 371 points in the last two trading sessions.The Nifty at the National Stock Exchange rose 17 points--or 0.3 percent-- to 5,359.Sentiment remai...

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