Concern over low quality drugs in country: Chemicals Min. Jena

The Government today said, it is committed to the growth of generic medicine in the markets across the globe.The Minister of State for Chemicals and Fertilizers Srikant Jena said that there is a growing market of branded medicines. He said, affordability and accessibility of generic medicines to the...

US & EU to explore transatlantic economic co-operation

US and EU leaders have said they could launch bilateral trade talks to boost jobs and growth. At the conclusion of a White House summit, they announced a joint working group to explore how to enhance the untapped potential of transatlantic economic co-operation. The statement followed wide-ranging t...

Give workers permanent jobs not contracts: Govt to industry

Turn around plan for ailing Power Cos

The government is working on a turn -around plan for ailing companies that distribute power to seven major power consuming states. The government has set up an expert group to suggest restructuring of power utilities of these states. The Panel in the first phase, will look into the financial health ...

FII & Equity market affected by Euro crisis: Pranab

The Government today said the unfolding of Euro Zone sovereign debt crisis has impacted the country through slowdown in Foreign Institutional Investment inflows and fall in the equity markets.This information was given in a written reply in the Rajya Sabha by the Finance Minister, Mr Pranab Mukherje...

Concern over low quality drugs in country: Chemicals Min. Jena

The Government today said, it is committed to the growth of generic medicine in the markets across the globe.The Minister of State for Chemicals and Fertilizers Srikant Jena said that there is a growing market of branded medicines. He said, affordability and accessibility of generic medicines to the...

Sensex trading down 77pts at 16,091 in noon trade

The Sensex at the Bombay Stock Exchange, which opened 122 points in the red, was trading 77 points in the negative territory at 16,091 in afternoon trade, a short while ago. After losing 122 points in opening trade, the 30-share index rebounded by around 20 points in late morning deals, before falli...

Sensex in positive territory at 16,178

Erasing initial losses, the Sensex at the Bombay Stock Exchange was trading 11 points in the positive territory at 16,178 when reports last came in. The 30-share index had dropped by over 122 points in early trade today.The NSE's 50-share Nifty index was up by 7 points at 4,859.In the Asian...

Crude retreats in Asian trade

Crude prices retreated in Asian trade today. New York's main contract, light sweet crude for delivery in January, fell 54 cents to 97.67 dollar a barrel. Brent North Sea crude for January delivery shed 49 cents to $108.51.

Rupee marginally up against US$ at 51.93

The Indian rupee appreciated marginally by 2 paise to 51 rupees 93 paise against the US dollar in late morning trade today on mild selling of dollars by banks and exporters in view of dollar weakness overseas. In the previous session, the domestic currency rose by 30 paise to close at a one-week hig...