Business

April 12, 2012 12:09 PM

Sensex surges 160 points in noon trade

The BSE benchmark Sensex which recovered by 132 points in early trade, gained further and was trading up by 160 points at 17, 360 a short while ago.The wide-based National Stock Exchange index Nifty also moved up by 60 points to 52 87 points.In the Asian region, the Japan's Nikkei rose by 0...

April 12, 2012 11:59 AM

Rupee up by 17 paise against dollar

The rupee today advanced further by 17 paise to 51 rupees 25 paise against the dollar in the late morning trade due to sustained selling of American currency by banks and exporters amid firm trend in the equity markets. The domestic currency moved between 51 rupees 25 paise and 51 rupees 50 paise pe...

April 12, 2012 11:59 AM

Rupee up by 17 paise against dollar

The rupee today advanced further by 17 paise to 51 rupees 25 paise against the dollar in the late morning trade due to sustained selling of American currency by banks and exporters amid firm trend in the equity markets. The domestic currency moved between 51 rupees 25 paise and 51 rupees 50 paise pe...

April 12, 2012 10:00 AM

Rupee up by 12 paise against dollar

The rupee today strengthened by 12 paise to 51.30 rupees against the dollar in early trade on the Interbank Foreign Exchange market, on the back of euro gains against the American currency overseas.The rupee closed marginally higher by 5 paise at 51.43 rupees in the previous session on fresh dollar ...

April 12, 2012 10:00 AM

Sensex surges 132 points in early trade

The BSE benchmark Sensex recovered by 132 points in early trade today on fresh buying by funds and retailers, ahead of industrial output data, amid a firming trend on the other Asian bourses. The 30-share barometer, which had lost 44 points in yesterday's session, rose by 132, or 0.77 per c...

April 11, 2012 7:52 PM

Payments above Rs 25K to be credited directly in accounts of payees<br/>

The Finance Ministry has amended the rules to enable all the Ministries and Departments to facilitate payments by direct credit to the bank accounts of the payees. This will help bring transparency in payment system and elimination of corruption in the country. The order to this effect has also been...

April 11, 2012 7:51 PM

Handicrafts export jumps to USD 2.7 billion in 2011-12 fiscal

India&apos;s handicrafts exports jumped to 2.7 billion US Dollars in the 2011-12 fiscal, despite slowdown in major importing markets like the US and Europe. In 2010-11, the exports stood at USD 2.3 billion dollars. The growth in the last fiscal was mainly driven by growing demand in new markets ...

April 11, 2012 7:43 PM

India's economic growth rate expected to be 7 % during current fiscal: ADB

India&apos;s economic growth rate is expected to 7 per cent during the current fiscal. Asian Development Bank said in its out look for the current financial year that this is mainly due to the impact of continuing global economic crisis.The out look said that Indian economy will only register a ...

April 11, 2012 7:19 PM

Handicrafts exports jumps to USD 2.7 billion in 2011-12 fiscal

India&apos;s handicrafts exports jumped to 2.7 billion US Dollars in the 2011-12 fiscal, despite slowdown in major importing markets like the US and Europe. In 2010-11, the exports stood at USD 2.3 billion dollars. The growth in the last fiscal was mainly driven by growing demand in new markets ...

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