Govt setting up strategic crude reserves across country

The Government is setting up Strategic Crude Oil Reserves with total storage Capacity of 5.33 Million Metric tonnes, MMT at three different locations in the country. These reserves will be set up at Visakhapatnam, Mangalore and Padur. In a written reply in Rajya Sabha, Minister of State for Petroleu...

US seeks role in India's infrastructure devpt: ommerce Secy Bryson

The US has sought an enhanced partnership with India in infrastructure development in the country. Addressing Indo-American Chamber of Commerce in New Delhi today, the visiting US Commerce Secretary John Bryson said that American businessmen want to play a role in India's trillion dollar co...

Sensex climbs more than 200 points in noon trade

The Sensex at the Bombay Stock Exchange rallied 178 points, or 1 per cent, to 17,230, this morning, on fresh buying by funds and retail investors at lower levels, amid firm regional bourses. Later, after paring much of its initial gains, the Sensex again jumped in afternoon trade, and stood a good 2...

Govt mulling 10% disinvestment in NALCO

The Government is considering disinvestment of 10 per cent in National Aluminium Company, NALCO. In a written reply in Rajya Sabha,Minister of State for Finance S S Palanimanickam said the draft proposal has been sent to various ministries including the Ministry of Mines for their comments.

Sensex trims gains; trading at 17,090pts

Trimming its initial gains, the Sensex at the Bombay Stock Exchange was trading just 37 points in the positive territory at 17,090 in afternoon trade, when reports last came in. After losing almost 309 points yesterday, the 30-share index rebounded by 178 points or 1.01 per cent in opening trade tod...

Govt allows export of one million additional tonnes of sugar

The government allowed additional one million tonnes of sugar exports in view of surplus production. The move will help mills clear mounting cane arrears, that have reached 8,409 crore rupees till February, to farmers. The decision to allow exports was taken yesterday by an Empowered Group of Minist...

India Pavilion at Gulf Biz Expo

India Pavillion at Gulf Biz Expo

Sensex in positive territory; trading at 17,164pts

The Sensex at the Bombay Stock Exchange, which opened 178 points in the green in early trade today, was trading 111 points in the positive territory at 17,164 in late morning deals, when reports last came in. After losing almost 309 points yesterday, the 30-share index rebounded by 178 points or 1.0...

Sensex up by 177pts in early trade

The BSE benchmark index Sensex todayrebounded by over 177 points in early trade today. The 30-share BSE index, which had lost almost 309 points yesterday, rallied by 177.56 points, or 1.01 per cent, to 17,230.34.The wide-based National Stock Exchange index Nifty moved up by 48.80 points, or 0.94 per...