Business

January 16, 2012 6:11 PM

Retail prices of pulses decline during week ending on 12th Jan

The retail prices of most of the pulses have registered a decline during the week ending on 12th of this month.The pulses which have shown downward trend in prices include Gram dal, Tur dal and Moong dal. Consumer Affairs Ministry data says, the prices of onion and tomato also registered a fall at m...

January 16, 2012 6:08 PM

Inflation will come down further: Pranab

The Government has expressed confidence that moderation in inflation will continue in the coming months. Finance Minister Mr. Pranab Mukherjee today said that the headline inflation would be between six and seven per cent by the end of March. Reacting to the decline in monthly inflation to 7.47 per ...

January 16, 2012 6:07 PM

Commodity-wise Railways freight revenue goes up by 4.59 per cent

The commodity-wise freight revenue of Railways rose by 4.59 per cent year on year basis. This was disclosed in an official release issued in New Delhi on Monday.The Railways have generated over 49,000 crore rupees of revenue from commodity-wise freight traffic during April to December last year as c...

January 16, 2012 5:46 PM

Sensex ends up by 35 points amid easing inflation

The Sensex at the Bombay Stock Exchange gained a modest 35 points, or 0.2 percent, to close at 16,189 on Monday, as investor sentiment was boosted by easing inflation.The Nifty at the National Stock Exchange rose 8 points, or 0.2 percent, to 4,874. Stock markets in Japan, China, Hong Kong, South Kor...

January 16, 2012 2:19 PM

Export sector's robust growth continues

The country's exports grew 6.7 per cent, year-on-year, to $25 billion in December 2011, Commerce Secretary Rahul Khullar said today. Imports increased 19.8 per cent, to 37.8 billion dollrs during December, leaving a trade deficit of 12.8 billion dollars.During the April-December 2011 period...

January 16, 2012 2:13 PM

Export sector's robust growth continues

Exports and imports are on constant increase indicating good health of Indian economy. Talking to newsmen in New Delhi today Commerce Secretary Rahul Khullar said that exports grew by 6.7 per cent year-on-year to $25 billion while imports had increased by 19.8 per cent to $37.8 billion in the month....

January 16, 2012 2:12 PM

1st CSR conclave begins in Cochin

The first Regional Conclave on Corporate Social Responsibility (CSR) is being organised in Cochin today. It is being chaired by Secretary, Department of Public Enterprises Mr. D.R.S. Chaudhary.According to an official press release issued in New Delhi, this conclave is the first of a series of Regio...

January 16, 2012 2:11 PM

US court verdict clears way for $3.4-bn loan to AI

A US federal court has rejected the bid by an industry body of major US airlines to block $3.4 billion loan to Air India to purchase new Boeing planes. In November last year, trade body Airlines for America had filed a lawsuit against the US Exim Bank, opposing the loan guarantee to the Indian natio...

January 16, 2012 2:11 PM

Plagued by strikes, Nigeria to bring down oil prices

Nigerian President Goodluck Jonathan has announced an immediate drop in the price of fuel, following a week of strikes and protests. Mr Jonathan said the price would drop by around 30 per cent in recognition of the hardships being suffered by people. Nigeria has been paralysed by strikes and protest...

January 16, 2012 2:06 PM

Exports sectors robust continues growth

Exports and imports are on constant increase indicating good health of Indian economy. Talking to newsmen in New Delhi today Commerce Secretary Rahul Khullar said that exports grew by 6.7 per cent year-on-year to $25 billion while imports had increased by 19.8 per cent to $37.8 billion in the month....

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