Business

June 9, 2012 1:43 PM

India, Kazakhstan sign pact to promote textiles

India and Kazakhstan have signed an agreement to promote development of textiles, particularly garment manufacturing, to strengthen their domestic industries.The Memorandum of Understanding (MoU) was signed between the Apparel Export Promotion Council (AEPC) and State Authority Directorate of SEZ &a...

June 9, 2012 1:42 PM

No diesel, LPG & kerosene price hike for now: Reddy

The Government has said it was not considering raising rates of diesel, domestic gas, liquid petroleum gas (LPG) and kerosene for the moment. Petroleum and Natural Gas Minister Mr S. Jaipal Reddy told reporters in New Delhi on Friday that there was no thinking on this matter and no date for meeting ...

June 9, 2012 1:40 PM

Centre to relax large scale SEZ policy: Chandy

Kerala Chief Minister Oommen Chandy today said that the Centre had decided to relax its policy with regard to contiguity norms for large scale Special Economic Zones (SEZs). Inaugurating the Experience Pavalion of the Kochi Smart City today, the Chief Minister said a meeting in this regard would be ...

June 9, 2012 1:31 PM

No diesel, LPG & kerosene price hike for now: Reddy

The Government has said it was not considering raising rates of diesel, domestic gas, liquid petroleum gas (LPG) and kerosene for the moment. Petroleum and Natural Gas Minister Mr S. Jaipal Reddy told reporters in New Delhi on Friday that there was no thinking on this matter and no date for meeting ...

June 8, 2012 2:00 PM

Rupee weakens 21 paise to 55.15 against the dollar

The rupee lost 21 paise to 55 rupee 15 paise against the US dollar in early trade today, snapping the three days of gaining streak . The fall was due to the American currency gaining against the euro overseas. Yesterday, the rupee had ended higher by 42 paise at 54 rupee 94 paise.It was the rupee hi...

June 8, 2012 2:00 PM

Sensex drops nearly 100 points in noon trade

The Sensex at the Bombay Stock Exchange fell 95 points, or 0.6 per cent, to 16,554 in opening trade, today, as funds and retail investors booked profits after recent strong gains, amid falling Asian bourses.Afterwards, the Sensex remained weak, and stood 92 points, or 0.6 per cent in the negative zo...

June 8, 2012 1:37 PM

Sensex remains weak ; trading down 92pts at 16,557 in noon trade

The Sensex at the Bombay Stock Exchange fell 95 points, or 0.6 per cent, to 16,554 in opening trade, today, as funds and retail investors booked profits after recent strong gains, amid falling Asian bourses.Afterwards, the Sensex remained weak, and stood 92 points, or 0.6 per cent in the negative zo...

June 8, 2012 1:01 PM

Sensex continues downward trend; at 16,553pts in noon trade

Maintaining the downward trend, the Sensex at the Bombay Stock Exchange was trading 92 points in the negative territory at 16,558 in afternoon trade, when reports last came in. Snapping a four-day rising streak, the 30-share index today opened 95 points in the red at 16,553. The downfall comes after...

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