Business

January 27, 2012 6:02 PM

Sensex gains 157 points on sustained buying

Rising for the sixth straight session, the Sensex at the Bombay Stock Exchange gained 157 points, or 0.9 percent, to close at an 11-week high 17,234 on Friday, on sustained buying by investors, on easing food inflation.The Nifty at the National Stock Exchange rose 46 points, or 0.9 percent, to 5,205...

January 27, 2012 5:37 PM

GoM on SMEs proposes to create 4 lakh micro enterprises <br/>

The Working Group on Ministry of Micro, Small and medium enterprises has proposed creation of four lakh micro enterprises during the 12th five year plan.It will generate nearly 32 lakh employment opportunities in Khadi and Village Industries Sector.An official release, the group has also recommended...

January 27, 2012 5:23 PM

Sensex gains 157 points on sustained buying

The Sensex at the Bombay Stock Exchange gained 157 points, or 0.9 percent, to 17,234, on sustained buying by investors on Friday.The Nifty at the National Stock Exchange rose 46 points, or 0.9 percent, to 5,205.Stock markets in Hong Kong , South Korea and Singapore rose between 0.3 percent and 0.8 p...

January 27, 2012 2:32 PM

Expert Committee on decontrol of Sugar sector

The Prime Minister Dr. Manmohan Singh today constituted an expert committee to examine issues related to decontrol of the sugar sector.The committee will be headed by the Economic Advisory Council Chairman to the Prime Minister, Mr. C. Rangarajan. According to an official statement, the committee wi...

January 27, 2012 1:32 PM

Sensex rises 105 pts to 17,182

The Sensex at the Bombay Stock Exchange climbed 176 points, or 1 per cent, to 17,254 in early trade, today, on continued buying by funds and retail investors.Later, the Sensex pared some of its initial gains, but still stood a good 105 points, or 0.6 percent in positive territory, at 17,182, when re...

January 27, 2012 12:43 PM

Sensex gains 93 pts at 17,170

The BSE benchmark Sensex was trading 93 points or 0.55 per cent up at 17,170 points when reports last came in.Sensex today shot up by 176 points in early trade, extending gains for the fourth straight session on continued buying by funds and retailers amid a firming trend in Asian markets. In a simi...

January 27, 2012 12:00 PM

Oil prices rise

Oil rose in Asian trade today. New York&apos;s main contract crude for delivery in March, gained 31 cents to 100.01 dollar a barrel in morning trade.Brent North Sea crude for March delivery was up 34 cents at 111.13 dollar.

January 27, 2012 11:58 AM

Sensex up 53 pts at 17,313

The BSE benchmark Sensex was trading 53 points or 0.31 per cent up at 17,131 points when reports last came in.Sensex today shot up by 176 points in early trade, extending gains for the fourth straight session on continued buying by funds and retailers amid a firming trend in Asian markets. In a simi...

January 27, 2012 10:35 AM

Oil prices rise

Oil rose in Asian trade today. New York&apos;s main contract, West Texas Intermediate crude for delivery in March, gained 31 cents to 100.01 dollars a barrel in morning trade. Brent North Sea crude for March delivery was up 34 cents at 111.13 dollars. The US Commerce Department will release its ...

January 27, 2012 10:32 AM

Rupee gains 31 paise, climbs 10-week high of 49.77 per dollar

The rupee strengthened by 31 paise to trade at fresh 10-week high of 49.77 against dollar on the Interbank Foreign Exchange market in early trade today. Forex dealers said consistent dollar inflows and euro&apos;s gains against the US currency overseas supported the rupee. The rupee had ended fl...

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