New business visa regime to boost India-Pak bilateral trade in offing

India and Pakistan are likely to formally announce a new business visa regime to boost bilateral commerce at the next secretary level talks between the two countries. Commerce Minister Anand Sharma and his Pakistani counterpart Makhdoom Mohammad Amin Fahim, during their meeting yesterday, expressed ...

Afghan telecom industry witnesses robust growth

Revenue of Afghanistan's fast-growing telecom sector had crossed 190 million dollar last year,30 million dollars more than in the year before. In an interview with a local news agency Afghan Telecommunication and Information Technology Minister Amirzai Sangin said the telecom sectors&ap...

New business visa regime to boost India-Pak bilateral trade in offing

India and Pakistan may formally announce a new business visa regime to boost bilateral trade at the next secretary level talks. Although India has sought the date for the forth coming meeting of th Home Secretary with his Pakistani counterpart after May 22, the schedule is yet to be finalised. A for...

Gold dips 200 rupees to 28,890 rupees per 10 grams in Delhi

Jose Ocampo withdraws from race to become next head of World Bank

The former Colombian Finance Minister Jose Antonio Ocampo has withdrawn from the race to become the next head of the World Bank. Mr Ocampo said he will support the Nigeriana Finance Minister Ngozi Okonjo-Iweala to win the job. She is the only remaining challenger to the US nominee Jim Yong Kim. The ...

SEBI : Private firms, PSUs must increase public holding by 25 % by August 2013

Capital market regulator, SEBI today said both public and private sector companies will have to increase public shareholding to a minimum of 25 per cent by August 2013 and there will be no relaxation of the guidelines. SEBI Chairman Mr. U K Sinha told this to reporters on the sidelines of Bombay Sto...

Sensex falls 238 points

The Sensex at the Bombay Stock Exchange dropped 238 points, or 1.4 percent, to 17,095, on heavy selling in IT stocks, after disappointing quarterly results from industry bellwether, Infosys, and amid weak European markets, today. The Nifty at the National Stock Exchange slipped 69 points, or 1.3 per...

India crosses 2011-12 export target: Commerce Min Sharma<br/>

Despite a challenging economic environment in its major markets of the US and Europe, India crossed the export target of 300 billion US dollar for 2011-12. This was announced by Union Commerce and Industry Minister Mr. Anand Sharma in New Delhi today. He said, the sectors that performed very well in...

India crosses 2011-12 export target: Commerce Min Sharma<br/>

India has crossed the export target of 300 billion dollars for 2011-12. Talking to reporters Union Commerce and Industry Minister Anand Sharma said that country crossed the terget despite a challenging economic environment in its major markets of the US and Europe. The sectors that performed very we...

Sensex in negative territory; trading down at 17,293pts

The Sensex at the Bombay Stock Exchange rose 52 points to 17,385 in early trade, this morning, in line with rising Asian bourses. But later, in afternoon deals, the Sensex gave up all its initial gains, to stand 40 points in negative territory, at 17,293 in volatile trade, a short while ago. Key sto...