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January 2, 2012 1:10 PM
Erasing initial gains, the Sensex at the Bombay Stock Exchange was trading 72 points in the negative territory at 15,383 in afternoon trade.In the opening trade today, the 30-share index rose by 69 points to 15,524 after the government decided to allow Qualified Foreign Investors to directly invest ...
January 2, 2012 1:06 PM
The rupee depreciated by 30 paise to 53 rupees 40 paise against the dollar in early trade today. The fall was due to a sustained demand of the US currency from importers on the back of firm dollar in overseas markets.The domestic currency had shed 3 paise to close at 53 rupees 10 paise against the U...
January 2, 2012 10:24 AM
The rupee fell by 17 paise to 53 rupees 27 paise per dollar in early trade on the Interbank Foreign Exchange today on increased demand for the US currency from importers.However, firm equity markets capped the rupee losses.The rupee had shed 3 paise to close at 53.10 rupees against the US dollar in ...
January 2, 2012 9:50 AM
The BSE benchmark Sensex gained over 69 points in early trade today.The 30-share index rose by 69.12 points, or 0.45 per cent to trade higher at 15,524.04 points after the governmentdecided to allow Qualified Foreign Investors to directlyinvest in the Indian equity market. The broad-based National S...
January 1, 2012 9:02 PM
In another attempt to bring back the black money stashed outside the country, India and Macau are to ink a double taxation avoidance agreement .This will facilitate the exchange of tax-related and banking information between the two and prevent tax evasion.Macau is one of the most well-known offshor...
January 1, 2012 7:59 PM
Expressing concern at the high level of regional and inter and intra state disparities in agricultural production and productivity, the Reserve Bank of India (RBI) feels that India needs to invest more in agriculture and allied sectors. It says that the country needs higher production and productivi...
January 1, 2012 4:57 PM
The government has decided to allow Qualified Foreign Investors, QFIs, to directly invest in the Indian equity market, starting off the New Year on a liberalisation note. An official statement issued in New Delhi said, this has been done to widen the class of investors, attract more foreign funds an...
January 1, 2012 12:40 PM
Foreign direct investment, FDI in India, has surged by 36 per cent to 23.68 billion US dollars during the January-October period last year. During January-October 2010, the country had attracted FDI worth 17.36 billion US Dollars.According to the Industry Ministry's latest data, the sectors...
December 31, 2011 7:10 PM
Oil companies have cut jet fuel - ATF - price by 622 rupees per kilolitre. This is for the second time this month ATF prices have been cut with softening in the commodity's international rates. Today's cut works out toover one per cent. In Delhi, it will cost 63,077 per kililitre. ...
December 31, 2011 8:47 AM
Indraprastha Gas Limited has increased the price of Compressed Natural Gas (CNG) by Rs. 1.75 per Kilogram in the national capital. The revised price came into effect on Friday midnight. It is now Rs. 33.75 per kg in Delhi. The CNG prices have also gone up in Noida, Greater Noida and Ghaziabad by Rs....
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