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July 5, 2012 9:39 AM
Sensex today declined by over 36 points in early trade due to profit-booking by speculators after recent gains amid mixed trend at the Asian markets.The 30-share barometer, which has gained over 64 points in the previous two sessions, fell by 0.21 per cent, to 17,426.74, with stocks of banking, real...
July 5, 2012 9:08 AM
The Reserve Bank of India has set up a working group to address the issue of lack of transparency in bank lending rates. This was disclosed by RBI Governor D Subbarao in Chennai yesterday. Addressing the platinum jubilee function of Indian Overseas Bank, he said the working group headed by the RBI D...
July 4, 2012 6:37 PM
Agriculture Minister Sharad Pawar made a strong case for expediting export of Skimmed Milk Power, SMP. Talking to reporters in New Delhi on Tuesday, Mr Pawar said that natural milk availability in the country is good. He said the country have SMP stock of one year and the country needs to clear the ...
July 4, 2012 5:27 PM
The Sensex at the Bombay Stock Exchange rose 37 points, or 0.2 percent, to a nearly 11-week closing high of 17,463, after volatile trade on Wednesday. The Nifty at the National Stock Exchange rose 15 points, or 0.3 percent, to 5,303.Stock markets in Japan, China, Hong Kong, South Korea and Singapore...
July 4, 2012 1:44 PM
India has once again emerged as the largest trading partner of United Arab Emirates. According to the reports released by the National Bureau of Statistics in Abu Dhabi, India is the top non-oil exporting nation to UAE. The export volume from India to UAE went up by 33.7 percent in 2011-12. Switzerl...
July 4, 2012 1:30 PM
The Sensex at the Bombay Stock Exchange gained 92 points, or 0.5 per cent, to 17,518, in early trade, today, on sustained capital inflows, amid firm regional bourses. But the Sensex later gave up all its initial gains, to stand 27 points, or 0.2 per cent in negative territory, at 17,399 in afternoon...
July 4, 2012 1:26 PM
The government today said, that it is not in a hurry to export two million tonnes of wheat from the FCI godowns as it wants to achieve better realisation amid rising global prices. Food and Public Distribution Minister K V Thomas today said on the side lines of a function in New Delhi that the gover...
July 4, 2012 12:56 PM
The BSE Sensex erased its early gains and was trading 5 points down at 17, 420 a short while ago. It gained over 92 points in early trade.On the similar lines, the wide-based National Stock Exchange Nifty index was also trading down by 5 points to 5, 282.In Asia, Hong Kong's Hang Seng Index...
July 4, 2012 12:37 PM
In view of increased demand for rail e-tickets, the Railways have decided to increase the limit for online bookings per day from 3.5 to about five lakh in the next four months and later to eight lakh. This was stated by Minister of State for Railways K H Muniyappa. The Minister said both Indian Rail...
July 4, 2012 12:36 PM
Bob Diamond is due to be grilled by the British MPs today, a day after he resigned as Barclays chief executive following manipulation in inter-bank lending rates. He will give evidence to the Treasury Committee. His appearance was arranged before the latest furore, but he is likely to be quizzed abo...
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