Business

April 7, 2012 8:39 AM

Holiday effect: Banks to work full day today

After a three-day holidays this week, all public sector and many private banks will function full day today. Banks usually are open half day for public dealings on Saturdays. The Finance Ministry has asked all the public sector banks to function full day today.The State Bank of India has said in a n...

April 5, 2012 5:44 PM

Jewellers to meet Pranab tomorrow, strike enter 20th day

As the Jewellers' strike enters 20th day, their delegation is planning to meet the Finance Minister Pranab Mukherjee on Friday to press their demand.All-India Gems and Jewellery Trade Federation Chairman Bachhraj Bamalwa says they will demand a complete roll back of excise duty. He claimed ...

April 5, 2012 2:12 PM

FinMin convenes jewellery manufacturers meet tomorrow in New Delhi

Finance Minister Pranab Mukherjee has convened a meeting of jewellery manufacturers in New Delhi tomorrow in the wake of strong protests from jewellery manufacturers on the Excise duty hike on unbranded jewellery as announced in the Union Budget. An official release said the Jewellery manufacturers ...

April 4, 2012 10:01 PM

Pranab to meet protesting jewellers on 6th April

In the wake of strong protests from jewellery manufacturers on the Excise duty hike on unbranded jewellery as announced in the Union Budget, the Finance Minister Pranab Mukherjee has convened a meeting of jewellery manufacturers from major cities in New Delhi on 6th of this month. An official releas...

April 4, 2012 9:59 PM

Pranab to meet protesting jewellers on 6th April

In the wake of strong protests from jewellery manufacturers on the Excise duty hike on unbranded jewellery as announced in the Union Budget, the Finance Minister Pranab Mukherjee has convened a meeting of jewellery manufacturers from major cities in New Delhi on 6th of this month. An official releas...

April 4, 2012 9:18 PM

Rupee weakens 39 paise against dollar

The rupee depreciated 39 paise, to 51.11 against the dollar on Wednesday on fresh demand for the American currency from banks and importers amid weak equity markets.

April 4, 2012 9:07 PM

Check suicidal competition among insurers, FM tells IRDA<br/>

The government on Wednesday asked the Insurance Regulatory Development Authority, IRDA to take steps to check the tendency of suicidal competition among insurance companies, which are undercutting one another by offering policies at low premium to grab a bigger market share.The Finance Minister Mr P...

April 4, 2012 7:21 PM

NABARD to give more loans through Kishan Credit Cards

The National Agricultural Bank (NABARD) will be giving more loans to farmers through the Kishan Credit Cards.The Eastern region Chief General Manager of NABARD, Mr. S. Padmanavan said in Kolkata on Wednesday that, his Bank has undertaken such projects in ten places in the Country. He also said that,...

April 4, 2012 5:36 PM

Sensex down by 111 points amid falling global markets

Snapping three days of gains, the Sensex at the Bombay Stock Exchange dropped 111 points to 17,486, ahead of a four-day trading break, on profit-booking by investors, amid falling global markets on Wednesday.The Sensex had gained 540 points in the pervious three trading sessions.The Nifty at the Nat...

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