Business

January 17, 2012 9:16 PM

Gold, silver to become expensive, govt changes duty structure

Gold and silver are set to become more expensive as the government has changed the duty structure on precious metals from specific to value-linked. The change will enable the exchequer to rake in an additional 600 crore rupees during the remaining months of this fiscal. As per the changes, customs a...

January 17, 2012 8:29 PM

B'desh: stock exchange authorities decides to resume trading

In Bangladesh, the stock exchange authorities have decided to resume trading on Wednesday at the Dhaka and Chittagong stock exchanges after today's sudden suspension for over half of the business session. The authorities of the two bourses suspended regular trading minutes before midday, fe...

January 17, 2012 5:33 PM

Sensex surges 277 pts

The Sensex at the Bombay Stock Exchange surged 277 points, or 1.7 percent, to a 5-week high of 16,466, today, on continued buying by foreign funds, on hopes of better GDP growth, and rising overseas markets. The Nifty at the National Stock Exchange jumped 93 points, or 1.9 percent, to 4,967.Stock ma...

January 17, 2012 5:32 PM

Gold, silver to become expensive, govt changes duty structure

Gold and silver are set to become more expensive as the government has changed the duty structure on precious metals from specific to value-linked. The change will enable the exchequer to rake in an additional 600 crore rupees during the remaining months of this fiscal. As per the changes, customs a...

January 17, 2012 1:54 PM

Sensex surges 291 points

The Sensex at the Bombay Stock Exchange jumped 198 points, or 1.2 per cent, to 16,388 in early trade this morning on sustained buying by funds and retail investors, buoyed by the easing inflation and firm Asian bourses. Later, buying activity picked up further and the stock exchange gained even more...

January 17, 2012 1:21 PM

Stick to standards: Govt to manufacturers

The Government has asked manufacturers to adhere to the prescribed standards for achieving the confidence of consumers. Minister of State for Consumer Affairs and Public Distribution K.V Thomas said it was also necessary for the manufacturers to be in competition at the international level. Addressi...

January 17, 2012 1:21 PM

Stick to standards: Govt to manufacturers

The Government has asked manufacturers to adhere to the prescribed standards for achieving the confidence of consumers. Minister of State for Consumer Affairs and Public Distribution K.V Thomas said it was also necessary for the manufacturers to be in competition at the international level. Addressi...

January 17, 2012 12:47 PM

Led by auto, Sensex gains 261 points

The Sensex at the Bombay Stock Exchange stood 261 points up at 1,6451 in afternoon trade with all sectoral indices, led by auto and capital goods, trading in the positive zone.The wide-based National Stock Exchange, Nifty Index also moved up by 85 points to 4,958 points.

January 17, 2012 12:28 PM

Led by auto, Sensex gains 246 points

The Sensex at the Bombay Stock Exchange rose by 246 points to 16,435 in late morning deals with all sectoral indices, led by auto and capital goods, trading in the positive zone.The wide-based National Stock Exchange, Nifty Index also moved up by 79 points to 4,953 points.

January 17, 2012 12:22 PM

China growth slowest in last 2 years

China's economy grew at its slowest pace in more than two years. Latest government figures show Gross Domestic Product (GDP) expanded by 8.9 per cent in the three months to the end of December. That is down from 9.1 per cent in the previous quarter. The statistics bureau data showed that gr...

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