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May 10, 2012 1:34 PM
Despite economic slowdown the Asia and the Pacific will remain the world's fastest growing region and anchor of stability in the global economy. This was unveiled in United Nation, Economic and Social Survey of Asia and the Pacific -2012, which was released by Chief Economic Adviser, Kaushi...
May 10, 2012 1:06 PM
The BSE benchmark Sensex was up by 139 points in noon trade today. The 30-share barometer was up by 139 points, or 0.82 per cent, to trade at 16,619. Similarly, the wide-based National Stock Exchange index Nifty was also up by nearly 50 points, or 0.99 per cent, to 5,024 points.In the Asian region, ...
May 10, 2012 12:20 PM
Exports grew by 3.2 per cent to 24.5 billion US dollars in April, .Commerce Secretary Rahul Khullar today said today in New Delhi that imports during the first month of the current fiscal aggregated to 37.9 billion dollars, leaving a trade a deficit 13.4 billion dollars, lowest trade deficit India h...
May 10, 2012 11:44 AM
The rupee today recovered by a hefty 60 paise to 53.24 against the US dollar in early trade.It is due to tightening of norms by Reserve Bank for utilisation of the foreign currency fixed deposit funds to check outflow of forex.
May 10, 2012 11:44 AM
The US Federal Reserve has given the go-ahead for state-owned Chinese banks to enter the US banking market. The US central bank yesterday approved an application by China's biggest bank - the Industrial and Commercial Bank of China - to buy an 80 percent stake in the US branch of the Bank o...
May 10, 2012 9:51 AM
The BSE benchmark Sensex recovered by over 151 points in early trade today, after witnessing two sessions of losses. It recovered today on emergence of buying at prevailing attractive levels by funds as well as retailers. The 30-share barometer had lost over 433 points in the previous two sessions t...
May 10, 2012 9:46 AM
The Finance Ministry has extended the income tax exemption for 46 lakh subscribers of over 2,700 private Provident Fund Trusts till March 31st, 2013. Subscribers of these private PF trusts were facing the threat of their retirement funds coming under tax net as Budget 2012-13 was silent on this issu...
May 9, 2012 6:07 PM
Falling for the second straight day, the Sensex at the Bombay Stock Exchange dropped 67 points to a fresh four-month low of 16,480, Wednesday, on continued selling by investors, amid weak global markets. The Nifty at the National Stock Exchange declined 25 points to 4,975. Key stock indices in Japan...
May 9, 2012 5:49 PM
Gold plunged 475 rupees, to fall below the 29,000 mark, at a three-week low of 28,840 rupees per ten grams at Delhi's bullion market, today, on continued selling by stockists, falling demand, and a weak global trend. Silver lost 700 rupees, to 54,300 rupees per kilo, on reduced off take by ...
May 9, 2012 11:54 AM
Erasing initial losses, the Sensex at the Bombay Stock Exchange gained 60 points a shortwhile ago. The 30-share barometer which had fell by 59 points in early trade today stood 60 points in the positive territory at 16,606 when reports last came in. In a similar fashion, the wide-based National Stoc...
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