Handicraft export grows by 11% in April

The country's Handicraft exports grew by 11 percent to 227 million US dollars in April this year, on account of rising demand from new markets like China, Latin America and West Asia. According to the data provided by the Export Promotion Council for Handicrafts (EPCH), exports stood at 204...

India committed to protect foreign investments

India today assured Norway thatforeign investments will be protected. Telecom Minister Kapil Sibal told the Norwegian Trade and Industry Minister, Trond Giske, that New Delhi will make sure that not just Telenor, but all foreign investors have a robust roadmap ahead.Giske is the representative of No...

Kisan Credit Card to help farmers more

Revising the Kisan Credit Card (KCC) Scheme, the Reserve Bank of India (RBI) has asked the banks to issue smart card-cum-debit-card to farmers for hassel-free transactions. The RBI in its circular has said that the National Payments Corporation of India (NPCI) will design the card of the KCC to be a...

Pulse cultivation land increased this season

Around 13.5 lakh hectares of land have been brought under cultivation of pulses so far during the current sowing season in various parts of the country.According to data released by the Agriculture Ministry, the cultivated area is about 10 lakh hectare, more than the corresponding period of the last...

Sensex falls 127 pts to close at 16,293

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange dropped 127 points, or 0.8 percent, to 16,293, on disappointing industrial output data, and amid falling Asian and European markets, today. The Sensex had lost almost 500 points in the previous three trading sessions. T...

Industrial production declines 3.5% in March 2012

The country's industrial production declined 3.5 per cent in March 2012, mainly on account of contraction in manufacturing and mining output. Growth in factory output, as measured by the Index of Industrial Production, had stood at 9.4 per cent in March last year. Output of the manufacturin...

Oil prices fall in Asian trade

Oil prices fell in Asian trade today, weighed down by disappointing Chinese trade data and an increase in crude production by the OPEC cartel.New York's main contract crude for delivery in June, was down 94 cents to 96.14 dollar per barrel while Brent North Sea crude for June shed 81 cents ...

Sensex loses more than 100 pts in afternoon trade

The Sensex at the Bombay stock Exchange fell 74 points, or 0.5 per cent, to 16,346 in early trade, today, on renewed selling by funds and retail investors, ahead of industrial output data. Later, after the release of the industrial output numbers, the Sensex lost some more ground, and stood 113 poin...

In spite of the measures taken by Reserve Bank to arrest the declining value of rupee against the dollar, the Indian currency declined 18 paise, to 53.60 against the American currency in the late morning trade. Forex dealers say that fresh demand for dollars from banks and importers in view of a fir...

Sensex down by 151pts

The BSE benchmark Sensex was trading 151 points down at 16,269 points a short while ago. It fell by 74 points, or 0.45 per cent, to 16,346 points in early trade today. The 30-share barometer had lost almost 493 points in the previous three sessions. It declined further today on selling by funds and ...