Business

June 5, 2012 1:39 PM

Govt sets 20% export growth target

The government has set a target of 20 per cent growth in exports during the current financial year while Indian exports registered 20.9 per cent growth in last year to touch 303 billion US dollar. Announcing the annual supplement to the Foreign Trade Policy 2009-14 in New Delhi today, Commerce and I...

June 5, 2012 1:38 PM

Sensex in the green; trading 73up at 16,062 in noon trade

The Sensex at the Bombay Stock Exchange rose 99 points to again cross the 16,000-mark, at 16,087 in early trade, today, on fresh buying by funds and retail investors. The Sensex rose on hopes of a rate cut by the Reserve Bank, the rupee's recovery in the forex market, and amid firm Asian bo...

June 5, 2012 12:52 PM

Sensex up 115pts; trading at 16,104

The BSE Benchmark Sensex was trading 115 points in possitive territory to 16,104 a short while ago. Earlier, the Sensex at the Bombay Stock Exchange gained 99 points at 16,000-mark in early trade today. The wide-based National Stock Exchange index Nifty moved up by 46 points to 4,894.

June 5, 2012 11:59 AM

Rupee trading higher at 55.38 against dollar<br/>

The rupee gained 27 paise at 55.38 rupees against the dollar in the opening session following selling of dollars by exporters. The rupee had declined 11 paise to 55.65 rupees against the dollar.

June 5, 2012 11:58 AM

Oil higher in Asian trade

Oil was higher in Asian trade today. In early deals, New York&apos;s main contract crude for July delivery, was 85 cents higher at 84.83 dollar a barrel and Brent North Sea crude, also for July, rose by 54 cents to 99.39 dollar.

June 5, 2012 11:45 AM

Sensex up 136 pts; trading at 16,124

The BSE Benchmark Sensex was trading 136 points in possitive territory to 16,124 a short while ago. Earlier, the Sensex at the Bombay Stock Exchange gained 99 points at 16,000-mark in early trade today. The wide-based National Stock Exchange index Nifty moved up by 45 points to 4,893.

June 5, 2012 10:11 AM

Sensex trading up in early deals

The Sensex at the Bombay Stock Exchange gained 99 points at 16,000-mark in early trade today. The wide-based National Stock Exchange index Nifty moved up by 32.40 points to 4,880.55. In Asia, Hong Kong&apos;s Hang Seng Index rose by 0.83 per cent and Japan&apos;s Nikkei Index by 0.46 per cen...

June 5, 2012 9:46 AM

G7 Fin Mins & Bank Presidents to discuss worsening Euro crisis

Finance ministers and central bank presidents of the world&apos;s seven wealthiest countries will hold an emergency conference call today to discuss Europe&apos;s worsening debt crisis. Canadian Finance Minister James Flaherty told reporters in Canada yesterday that he would raise Europe&amp...

June 4, 2012 6:20 PM

Falling value of crude to help contain CAD, says Gopalan<br/>

Economic Affairs Secretary R Gopalan on Monday said declining prices of crude oil in the international market is good news for India as it will help contain current account deficit (CAD).Speaking to reporters on the sidelines of a function in New Delhi, Mr Gopalan said it would ease pressure on rupe...

June 4, 2012 5:36 PM

India achieves high economic growth rate despite difficult situations: PM

The Prime Minister Dr. Manmohan Singh on Monday maintained that India has achieved high economic growth rate despite difficult situations. Addressing CWC in New Delhi on Monday, Dr. Singh said that the UPA government implemented largest ever programmes for social and economic inclusion in the countr...

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