Business

July 3, 2012 2:13 PM

Inflation may dip below 7% by Oct: Kaushik Basu

The Chief Economic Advisor to the Ministry of Finance, Dr. Kaushik Basu has said that inflation is expected to come down from 7.5 per cent in one or two months. Speaking at a workshop on Indian Economy and Economic Survey in Chennai, Mr. Basu said that by the middle of October, the inflation may fur...

July 3, 2012 1:57 PM

Rupee gains hefty 57p;falls past 55 level against US dollar.<br/><br/>

The rupee gained a hefty 57 paise to move past the 55 level against the US dollar for the first time in nearly four weeks on sustained capital inflows amid government measures to revive the economy, and continued selling of the American currency by exporters. The local unit opened marginally higher ...

July 3, 2012 1:55 PM

Sensex gains over 70 points in afternoon trade

The Sensex at the Bombay stock Exchange rose 89 points, or 0.5 per cent, to 17,488 in opening trade, this morning, on fresh buying by funds and retail investors, amid rising Asian markets. Later, the Sensex remained firm, and stood 72 points, or 0.4 percent in the green, at 17,471 in afternoon trade...

July 3, 2012 12:49 PM

Sensex in the green; trading at 17,459pts

The Sensex at the Bombay Stock Exchange was trading 51 points in the green zone, at 17,450, a shortwhile ago. The BSE benchmark index rose by nearly 89 points in early trade today on fresh buying by funds and retailers amid a firming trend in Asian markets. The 30-share barometer, had lost 31 points...

July 3, 2012 12:42 PM

E-filing returns compulsory if income exceeds ten lakh rupees

People with income of ten lakh rupees per annum will have to file their tax returns electronically beginning 2011-12 Financial year . The Central Board of Direct Taxes has issued a notification making E-filing compulsory for assessment year 2012-13 onwards for an individual or a Hindu undivided fami...

July 3, 2012 12:32 PM

Rupee gains hefty 57p; trading at 54.86 against dollar

The rupee gained a hefty 57 paise to move past the 55 level against the US dollar for the first time in nearly four weeks on sustained capital inflows amid government measures to revive the economy, and continued selling of the American currency by exporters. The local unit opened marginally higher ...

July 3, 2012 11:48 AM

Crude prices slip in Asian trade

Crude prices slipped in Asian trade today. New York&apos;s main contract, light sweet crude for August delivery, retreated 17 cents to 83.58 dollars a barrel and Brent North Sea crude for delivery in August shed six cents to 97.28 dollars.

July 3, 2012 11:18 AM

<br/>Crude prices slip in Asian trade

Crude prices slipped in Asian trade today. New York&apos;s main contract, light sweet crude for August delivery, retreated 17 cents to 83.58 dollars a barrel and Brent North Sea crude for delivery in August shed six cents to 97.28 dollars.

July 3, 2012 10:31 AM

Sensex recovers; trading up 89pts at 17,488 in morning deals

BSE benchmark Sensex rose by nearly 89 points in early trade today on fresh buying by funds and retailers amid a firming trend in Asian markets. The 30-share barometer, which had lost 31 points in yesterday&apos;s trading, recovered by 89 points to 17,488 during the first five minutes of trading...

July 3, 2012 10:29 AM

Rupee at 55.18 to a dollar in early trade ; up 25p

The rupee rose by 25 paise to 55.18 against the American currency in early trade today at the Interbank Foreign Exchange on dollar selling by exporters,amid a higher opening in the stock market. Forex dealers said, besides, weakness of dollar against a basket of other Asian currencies overseas also ...

Most Read

View All arrow-right

No posts found.