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June 16, 2012 7:47 PM
Finance Minister Pranab Mukherjee says, the government is not sitting idle on reforms and indicated cut interest rates by RBI in its review of Monitory policy on Monday to arrest the slowdown in the Economic growth.In his first public address after being nominated as the UPA candidate for the Presid...
June 16, 2012 5:55 PM
Finance Minister Pranab Mukherjee today expressed concern over impact of a deepening Eurozone crisis on India. He was speaking at an ASSOCHAM conference in Mumbai today.In his first public address after being nominated as the UPA candidate for the Presidential elections due next month, he said that ...
June 16, 2012 4:09 PM
Union Finance Minister Pranab Mukherjee today expressed concern over impact of a deepening Eurozone crisis on India. He was speaking at an ASSOCHAM conference in Mumbai today. In his first public address after being nominated as the UPA candidate for the Presidential elections due next month, the Fi...
June 16, 2012 11:00 AM
The Reserve Bank of India (RBI) has directed state and central co-operative banks to stop levying penalty on pre-payment of home loans on floating interest rates with immediate effect.In a notification, it said though many banks had in the recent past voluntarily abolished pre-payment penalties on f...
June 16, 2012 10:57 AM
In China, the Ministry of Commerce today welcomes the decision of the World Trade Organization to rule in China's favor over duties China imposed on US steel exports.China imposed countervailing and anti-dumping duties in April 2010 on US steel products.The punitive duties were imposed afte...
June 16, 2012 10:56 AM
One of the best known names known on Wall Street, Rajat Gupta has been found guilty of insider trading by a court in New York. It held the 63-year-old former Goldman director guilty of providing insider information to Galleon hedge fund founder and his former friend Rajaratnam, who was sentenced las...
June 16, 2012 9:02 AM
Public sector oil companies have reduced the prices of aviation turbine fuel (ATF) by a whopping 5 per cent---the steepest reduction in the rates since February, 2010. According to Indian Oil Corporation, the reduction came into effect Friday midnight.The ATF or jet fuel price in Delhi has been redu...
June 15, 2012 4:54 PM
The Sensex at the Bombay Stock surged 272 points, or 1.6 percent, to 16,950, today. The Nifty at the National Stock Exchange jumped 84 points, or 1.7 percent, to 5,139.
June 15, 2012 4:53 PM
The sensex at the Bombay Stock Exchange rose 124 points, or 0.7 per cent, to 16,802 in early trade, today, on fresh buying by funds and retail investors, amid rising Asian bourses. Later, the Sensex extended its gains, and stood 186 points, or 1.1 per cent in the green, at 16,864 in afternoon deals,...
June 15, 2012 2:28 PM
US President Barack Obama spoke to Prime Minister Manmohan Singh over phone and discussed regional and international issues of mutual interest, including the raging Eurozone crisis.In a statement yesterday, the White House said that the two leaders agreed to work to strengthen the global economy to ...
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