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May 11, 2012 12:43 PM
The government has approved micro financial sector (development and regulation bill,2011).The decision was taken in the Cabinet meeting held in New Delhi yesterday which was chaired by the Prime Minister Dr. Manmohan Singh.The bill proposes to make it mandatory for micro-finance institutions to be r...
May 11, 2012 12:30 PM
The BSE benchmark Sensex was trading 162 points down at 16,257 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 ...
May 11, 2012 9:57 AM
The BSE benchmark Sensex fell by 74 points in early trade today, on selling by funds and retail investors ahead of industrial output data, amid a mixed trend on Asian bourses.The 30-share barometer, which had lost almost 493 points in the previous three sessions, fell further by 74 points, or 0.45 p...
May 11, 2012 9:44 AM
A United Nation report says India is projected to see a faster growth of 7.5 per cent this fiscal on the back of higher savings and investment rates. However, most of theAsia-Pacific economies are likely to expand at a slower pace. United Nations economic Commission for Asia and Pacific, UNESCAP, Ch...
May 11, 2012 9:43 AM
The Reserve Bank of India (RBI) has asked foreign exchange earners, including exporters to convert 50 percent of their retained foreign exchange earnings into the rupee currency.In a notification issued from Mumbai yesterday, the RBI has revised the rules regarding Exchange Earner's Foreign...
May 10, 2012 7:27 PM
In order to mitigate losses on sale of petrol, oil marketing companies have suggested the government to either declare it as a regulated product temporarily and provide subsidy for under recovery or reduce excise duty on the fuel. In a written reply in the Lok Sabha today, Minister of State for Petr...
May 10, 2012 5:06 PM
Falling for the third straight day, the Sensex at the Bombay Stock Exchange declined 60 points, or 0.4 percent, to 16,420, amid subdued global markets, today. The Sensex had lost over 430 points in the previous two trading sessions. The Nifty at the National Stock Exchange shed 9 points, or 0.2 perc...
May 10, 2012 4:53 PM
Falling for the third straight day, the Sensex at the Bombay Stock Exchange declined 60 points, or 0.4 percent, to 16,420, amid subdued global markets, today. The Sensex had lost over 430 points in the previous two trading sessions. The Nifty at the National Stock Exchange shed 9 points, or 0.2 perc...
May 10, 2012 1:50 PM
The Sensex at the Bombay stock Exchange rose 151 points, or 0.9 per cent, to 16,631 in early trade, today, on emergence of buying at prevailing lower levels by funds and retail investors. But later, the Sensex surrendered all its inital gains, and stood 11 points, or 0.1 per cent in negative territo...
May 10, 2012 1:35 PM
The Sensex at the Bombay stock Exchange rose 151 points, or 0.9 per cent, to 16,631 in early trade, today, on emergence of buying at prevailing lower levels by funds and retail investors. But later, the Sensex trimmed some of its gains, and stood 68 points, or 0.4 per cent in the green, at 16,548 in...
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