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August 23, 2012 7:04 PM
The government has allowed housing financing companies to raise funds through external commercial borrowings, ECBs route to finance low-cost housing projects. A Finance Ministry statement said it has been decided that entities like National Housing Bank ,NHB and Housing Finance Companies, HFC will b...
August 23, 2012 5:50 PM
The Sensex at the Bombay Stock Exchange ended with a nominal gain of 3 points, at 17,850, today. The Nifty at the National Stock Exchange also rose 3 points, to 5,415.Stock markets in Japan, China, Hong Kong, South Korea and Singapore added between 0.2 percent and 1.2 percent.
August 23, 2012 11:55 AM
The BSE Sensex hit 23-week high of 17,951 today moving close to the 18k mark in its late morning trade .The rise was attributed to the back of fresh buying in metals, IT, healthcare, teck and consumer durable sectors. The surge come amid sustained capital inflows and higher global advices. The 30 sh...
August 23, 2012 10:12 AM
Crude advanced in Asia today as hopes rose that the US Federal Reserve would kickstart the economy of the world's largest oil consumer.New York's main contract, light sweet crude for deliveryin October rose 43 cents to 97 dollars 69 cents a barrel and Brent North Sea crude for Octo...
August 23, 2012 10:07 AM
Rising for the fourth day in a row, the rupee added 28 paise to 55 rupees 21 paise against the US dollar in early trade today. This follows the American unit weakening against euro and other currenciesoverseas. The rupee had gained 8 paise to close at 55.49 against the US dollar yesterday on continu...
August 23, 2012 10:02 AM
The BSE benchmark Sensex rose by nearly 85 points in early trade today after Wednesday's losses on fresh buying by funds and retailers, tracking a better trend in Asian markets.The 30-share barometer, which had lost 38.40 points in the previous session, recovered by 0.47 per cent, to 17,932...
August 22, 2012 9:43 PM
Companies based in Sikkim and the Andaman and Nicobar islands can now file offer documents for public issues of up to 500 crore rupees with SEBI's Eastern Regional office in Kolkata, the market regulator said on Wednesday.This comes into effect for all draft offer documents for issues which...
August 22, 2012 9:26 PM
India and Pakistan have agreed to allow two banks each from both the countries to set up branches across the border.Governor of the State Bank of Pakistan, Yaseen Anwar told PTI in Singapore that discussions were held with the Reserve Bank of India and both sides have agreed to issue a full banking ...
August 22, 2012 9:25 PM
Four cities of Uttar Pradesh -- Lucknow, Kanpur, Meerut and Allahabad -- posted a 68 per cent growth in job generation in the last fiscal, industry body Assocham has said.Education, banking, insurance, event management, real estate, IT/ITeS, human resources, hospitality and FMCG are leading job gene...
August 22, 2012 5:34 PM
The preparation of the Perspective Plan for the overall Delhi Mumbai Industrial Corridor, DMIC region is complete. It passes through the 6 States of Uttar Pradesh, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Maharashtra.DMIC Project aims to create new industrial cities. In a written reply in the...
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