Business

April 25, 2012 9:38 AM

Sensex down by over 32 pts in early trade<br/>

The BSE benchmark index Sensex declined by over 32 points in early trade today .The 30-share index, which had gained 110.61 points yesterday, fell by 32.56 points, or 0.18 per cent, to 17,174.73 .Similarly, the wide-based National Stock Exchange index Nifty shed 11.20 points, or 0.21 per cent, to 5,...

April 24, 2012 9:05 PM

RBI to allow ECB for working capital for civil aviation sector

The Reserve Bank of India today decided to allow External Commercial Borrowings, ECB, for working capital as a permissible end-use for the civil aviation sector on certain conditions. The notification issued by RBI in Mumbai stated that the overall ECB ceiling for the entire civil aviation sector wo...

April 24, 2012 7:40 PM

Govt takes decision to link diesel prices with market rates

The government today said that it has taken an in-principle decision to link diesel prices with market rates, however, there is no proposal at present to fully deregulate cooking gas price. Minister of State for Finance, Namo Narain Meena said this in a written reply to the Rajya Sabha today. While ...

April 24, 2012 5:55 PM

Sensex surges 111 points

The Sensex at the Bombay Stock Exchange rose 111 points, or 0.7 percent, to 17,207, on heavy buying in IT stocks, and in line with rising European markets, today. The Sensex had declined over 400 points in the previous two trading sessions. The Nifty at the National Stock Exchange gained 22 points, ...

April 24, 2012 2:20 PM

Sensex trading up at 17,195pts in noon deals

The Sensex at the Bombay Stock Exchange rose 70 points, or 0.4 per cent, to 17,167 in early trade, today, led by a surge in IT stocks. Later, the Sensex climbed further, and stood 98 points, or 0.6 percent in positive territory,at 17,195 in afternoon deals, a short while ago. The 30-share Sensex had...

April 24, 2012 2:20 PM

Sensex trading up at 17,195 pts in afternoon deals

The Sensex at the Bombay Stock Exchange rose 70 points, or 0.4 per cent, to 17,167 in early trade, today, led by a surge in IT stocks. Later, the Sensex climbed further, and stood 98 points, or 0.6 percent in positive territory,at 17,195 in afternoon deals, a short while ago. The 30-share Sensex had...

April 24, 2012 2:07 PM

Sensex up at 17,195 pts in afternoon deals

The Sensex at the Bombay Stock Exchange rose 70 points, or 0.4 per cent, to 17,167 in early trade, today, led by a surge in IT stocks. Later, the Sensex climbed further, and stood 98 points, or 0.6 percent in positive territory,at 17,195 in afternoon deals, a short while ago. The 30-share Sensex had...

April 24, 2012 1:45 PM

Sugar industry growth critical for rural devpt: Pranab

The government today said that the growth of sugar industry in the country is critical for rural development as 50 million farmers and their families are dependent on it. Addressing the 41st session of the International Sugar Council in New Delhi, the Finance Minister Mr Mukherjee said that the indu...

April 24, 2012 1:38 PM

Sensex up 98 at 17,195pts in noon trade<br/>

The Sensex at the Bombay Stock Exchange rose 70 points, or 0.4 per cent, to 17,167 in early trade, today, led by a surge in IT stocks. Later, the Sensex climbed further, and stood 98 points, or 0.6 percent in positive territory,at 17,195 in afternoon deals, a short while ago. The 30-share Sensex had...

April 24, 2012 12:26 PM

Oil prices up in Asian trade

Oil prices edged higher in Asian trade today. New York&apos;s main contract crude for delivery in June was up six cents to 103.17 dollar per barrel while Brent North Sea crude for June gained 14 cents to 118.85 dollar in morning trade.

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