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June 1, 2012 9:29 AM
India has signed an agreement with Bahrain to curb tax evasion and avoidance. The Agreement for Exchange of Information with respect to Taxes was signed by Minister of State for Finance Namo Narain Meena and Bahrain's Minister of Transportation and Acting Chief Executive of Economic Develop...
June 1, 2012 8:25 AM
The growth rate of eight infrastructure sectors in the country slowed down to 2.2 per cent in April because of poor performance of crude oil, natural gas, petroleum refinery products and fertilisers.The eight core sectors that also include coal, electricity, cementand finished steel, and have a eigh...
May 31, 2012 5:28 PM
The government's fiscal deficit during 2011-12 worked out to be 5.7 per cent of the GDP, lower than 5.9 per cent projected in the revised estimates in the Budget.As per the provisional data released by Controller General of Accounts (CGA) today, the total receipt stood at 7,88,713 crore and...
May 31, 2012 5:21 PM
Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 94 points, or 0.6 percent, to 16,219, amid weak Asian markets, today. The Nifty at the National Stock Exchange lost 27 points, or 0.5 percent, to 4,924.Stock markets in Japan, China, Hong Kong, South Korea and ...
May 31, 2012 2:04 PM
The rupee today tumbled by 26 paise to trade at a new all-time low of56 rupees 50 paise against the US dollar in early trade. This followsincreased capital outflows and strong demand from importers for theAmerican currency.Traders said apart from capital outflows by foreign funds, strengthening of d...
May 31, 2012 2:04 PM
The Sensex at the Bombay Stock Exchange fell 148 points, or 0.9 per cent, to 16,164 in early trade, today, on continued selling by foreign funds, as the rupee tumbled to a new all-time low, and as global markets lost ground. Later, the Sensex remained weak, and stood 159 points, or 1 percent in the ...
May 31, 2012 2:02 PM
The Sensex at the Bombay Stock Exchange fell 148 points, or 0.9 per cent, to 16,164 in early trade, today, on continued selling by foreign funds, as the rupee tumbled to a new all-time low, and as global markets lost ground. Later, the Sensex remained weak, and stood 159 points, or 1 percent in the ...
May 31, 2012 1:30 PM
The Sensex was trading 144 points down at 16, 164 a short while ago. It fell by over 148 points in early trade today on continued selling by foreign funds.All sectoral indices, led by banking and auto, were trading in the negative zone with losses of up to 1.84 per cent.Similarly, the wide-based Nat...
May 31, 2012 1:12 PM
The growth rate of eight infrastructure sectors in the country slowed down to 2.2 per cent in April because of poor performance of crude oil, natural gas, petroleum refinery products and fertilisers.The eight core sectors that also include coal, electricity, cementand finished steel, and have a eigh...
May 31, 2012 12:18 PM
The BSE benchmark Sensex tumbled by 193 points to 16,120 due to persistent selling pressure mainly from auto, refinery, banking, consumer durables and IT sectors, triggered by fall in rupee value against the dollar. The Sensex resumed lower at 16,225 points anddropped further.The NSE 50-share Nifty ...
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