Business

July 30, 2012 12:55 PM

Sensex crosses 17,000 mark in noon trade

The BSE Sensex which opened 145 points up today, gained 231 points at 17,070 in the afternoon trade on sustained buying by funds and retailers tracking a firming trend in Asian region.Similarly, the National Stock Exchange Nifty moved up by 77points, to 5,177. In the Asian region, Hong Kong&apos...

July 30, 2012 12:08 PM

Oil mixed in Asia ahead of Europe, US policy moves

Oil prices were mixed in Asian trade today as investors await further measures by policymakers to boost the ailing euro zone and US economy.New York's main contract, light sweet crude for September delivery eased 13 cents to 90 dollars a barrel while Brent North Sea crude, also for delivery...

July 30, 2012 12:04 PM

Sensex crosses 17,000 mark in noon trade

The BSE Sensex which opened 145 points up today, gained 177 points and was over 17,016 in the noon trade on sustained buying by funds and retailers tracking a firming trend in Asian region.The 30-share barometer, which had gained almost 200 points on Friday, rose further by 145 points to 16,984.Simi...

July 30, 2012 11:03 AM

Rupee up 14 paise to 55.20/dollar

The rupee today rose 14 paise to 55.20 against the US dollar in early trade at the Interbank Foreign Exchange on selling by exporters and banks amid Euro's strength against the American currency.The rupee had gained 18 paise to close at one-week high of 55.34 on Friday.

July 30, 2012 10:09 AM

Sensex up 145 points in early trade

The BSE benchmark Sensex today rose 145 points in early trade on sustained buying by funds and retailers tracking a firming trend in Asian region. The 30-share barometer, which had gained almost 200 points on Friday, rose further by 145 points to 16,984.Similarly, the wide-based National Stock Excha...

July 29, 2012 9:10 PM

India overtakes China in exports growth rate<br/>

India has overtaken China in exports growth rate recording an increase of 16.1 per cent in 2011, topping the list of all major trading countries in the world. The WTO Report 2012 said, India had the fastest export growth among major traders in 2011. China had the second-fastest export growth of any ...

July 29, 2012 9:09 PM

IT authorities detect undisclosed Rs 565 crore in France

Income Tax authorities say, undisclosed income of Indians totalling 565 crore rupees has been detected in France. The figure was disclosed in the information that India received from France on Indians having bank accounts, under the exchange of information clause of the Double Taxation Avoidance Agr...

July 28, 2012 1:25 PM

Govt mulls controlling patented drug prices

In an effort to make medicines affordable to the poor population, the Government is planning to control prices of expensive patented drugs. Speaking to reporters in Mumbai on Friday, Dilsher Singh Kalha, Secretary, Department of Pharmaceuticals in the Ministry of Chemicals and Fertilisers, said the ...

July 28, 2012 1:19 PM

Anand Shrama asks UK to sort out visa woes

New Delhi has raised the issue of visa problems with UK that are being faced by its professionals and the way they are affecting bilateral trade and investments.Commerce and Industry Minister Anand Sharma touched upon the issue at a meeting with British Secretary of State for Business, Innovation an...

July 28, 2012 10:43 AM

SEBI nod to online bonds subscription

Market regulator SEBI today allowed online subscription of bonds, a move that will reduce timeline for completion of the process.In a notification issued in Mumbai on Friday, the market regulator said in order to facilitate a system to reduce the timelines of the issue process for public issue of de...

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