Business

April 2, 2012 5:39 PM

Sensex up by 74 points amid positive Asian market<br/>

The Sensex at the Bombay Stock Exchange rose 74 points to 17,478, amid largely positive Asian markets on Monday. The Nifty at the National Stock Exchange climbed 22 points to 5,318.Stock markets in Japan, Singapore and South Korea gained between 0.2 percent and 0.8 percent.

April 2, 2012 1:59 PM

Sensex gains almost 100 points in afternoon trade

The Sensex at the Bombay Stoc Exchange gained 80 points, or 0.5 per cent, to 17,484 in opening trade, this morning, on continued buying by funds and retail investors. Later, the Sensex remained firm, and stood 99 points, or 0.6 per cent in the positive zone, at 17,503 in afternoon deals, a short whi...

April 2, 2012 1:32 PM

Goa slashes petrol prices by 11 rupees from today

Petrol has become cheaper in Goa by eleven rupees a litre from today. It will now be available at 54 rupees per litre. A notification to this effect has been issued by the state government. This follows an announcement made by Chief Minister Manohar Parrikar in the state assembly on March 26 while p...

April 2, 2012 9:59 AM

Sensex up by 80 points in early trade

The BSE benchmark Sensex gained 80 points in early trade today on continued buying by funds as well as retail investors. The 30-share index, which had gained 346 points in the previous session, rose further by 80 points to 17,484.The wide-based National Stock Exchange Nifty index also moved up by 16...

April 1, 2012 9:05 PM

Pranab lauds World Bank's contribution in India's development

Finance Minister Pranab Mukherjee has lauded the contribution of the World Bank in India&apos;s development. Talking to the World Bank Group President, Robert B. Zoellick in New Delhi, Mr Mukherjee appreciated the Bank&apos;s support during the last financial crisis. He also commended the ma...

April 1, 2012 7:43 PM

Telephone calls, restaurant bills to cost more

Telephone calls, restaurant bills, courier, credit card and other services will cost more to the coustomers as the budgetary proposal of raising service tax rate to 12 per cent has come into effect from April 01. In order to garner an additional 18,660 crore rupees during the financial year 2012-13,...

April 1, 2012 5:53 PM

Vehicle insurance premium hike comes into effect<br/>

Vehicle owners will have to pay more towards insurance for their vehicles as the enhanced motor insurance rates has come into effect from April 01. The Insurance Regulatory and Development Authority -IRDA has issued a notification to this effect. As per the new rates, private car owners would have t...

April 1, 2012 11:48 AM

Assam to be developed as model state for coconut production in 12th Plan

Assam is being developed as a model state for coconut production during 12th Plan period beginning on Sunday. As many as, hundred coconut processing units are planned to be set up in the state under Coconut Technology Mission during the period.Taking advantage of the sufficient number of coconut pro...

March 31, 2012 9:06 PM

RBI calls for greater focus on state finances

The Reserve Bank of India has called for greater attention on structural issues confronting state finances in the country. Releasing a publication today which focuses on the study of budgets of state finances, the RBI said there is need for greater focus on structural issues confronting state financ...

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