Rupee down by 11 paise against dollar

The rupee fell by 11 paise to 49.42 rupees against dollar in early trade on the Interbank Foreign Exchange today. The rupee had ended at a 12-week high at 49.31 rupees against the US currency in previous session.

India's National Thermal Power Corporation has signed an agreement with the Bangladesh Power Development board for setting up 1320 MW joint venture thermal power plant.Chairman and Managing Director of NTPC, Arup Roy Chowdhury and CMD of BPDB, A.S.M. Alamgir Kabir signed the agreement on be...

Govt to take up Indonesia's proposal on coal tax

The government is trying to take up the issue of Indonesia proposing a tax of exports of coal at bilateral level, Coal Secretary Alok Perti said on Saturday."We have taken up the issues of export tax and restrictions in certain quality of coal by the Indonesian government with the Ministry ...

International Advisory Board (IAB) constituted by market regulator - Security and Exchange Board of India (SEBI) has suggested widening the reach of the mutual fund industry in the country.It has also emphasised that in order to enhance the participation of households, the mutual fund industry has t...

India & Pakistan to sign 3 pacts for better bilateral trade

Sri Lanka to host international tea meeting<br/>

Food inflation remains in negative zone

Food inflation remained in the negative zone for the fourth week in a row, at minus 1.03 per cent for the week ended January 14, on account of cheaper vegetables. Food inflation, as measured by the Wholesale Price Index, had stood at minus 0.42 per cent in the previous week, and above 17 per cent in...

Fresh summons served to Ruias, Khaitans in 2G case

Fresh summons were on Friday issued to Essar Group Promoters Anshuman and Ravi Ruia and Loop Telecom promoters I P Khaitan and Kiran Khaitan, in a case arising out of the 2G scam probe. The summons were issued after they failed to appear in a local court.Special CBI Judge O P Saini once again issued...

Wheat sown in over 295 lakh hectare area across country

Over 295 lakh hectare area have been brought under the cultivation of wheat across the country so far.Data released by Agriculture Ministry say, the acreage is 3.67 lakh hectare more than the corresponding period of last year.Higher acreage of wheat has been reported from Madhya Pradesh followed by ...

Petronet LNG to set up Rs 4500 cr greenfield terminal in AP

The Petronet Liquified Natural Gas, LNG, will be setting up a greenfield LNG Terminal at Gangavaram in Andhra Pradesh at a cost of 4500 crore rupees.This will be the third terminal in the country to be set up by the company, after Dahej and Kochi .Addressing a press conference after the Board Meetin...