Business

November 14, 2011 11:00 AM

Rupee appreciates by 16 paise

The Indian rupee appreciated by 16 paise to 49.96 rupees per US dollar in early trade on the Interbank Foreign Exchange today. It closed at 50.12 rupees against the greenback on Friday.Dealers said dollar weakness against the euro and other currencies overseas and gains recorded by the domestic bour...

November 14, 2011 10:16 AM

Sensex gains 200 pts in opening trade

The Bombay Stocks Exchange benchmark Sensex gained by nearly 200 points in opening trade today. It was trading at 17360, up by over 160 points when reports last came in. IT and financial stocks rose on fresh buying by funds and retail investors, amid a firming trend in global markets.In Asia, Hong K...

November 14, 2011 9:24 AM

DGCA mulling penalty on loss-making carriers neglecting safety

Concerned over the possibility of loss-making Indian carriers cutting corners on safety, aviation regulator DGCA is considering penalising them if they compromise on the issue due to cash crunch.However, the penalty may not be financial but aviation regulator DGCA could consider measures like disall...

November 14, 2011 9:23 AM

Interest rates on post office saving schemes increased

The government on Friday increased interest rates on deposit schemes offered by post offices, like savings account, Monthly Income Scheme and Public Provident Fund.While post office savings accounts (POSA) will fetch 4 percent interest, up from 3.5 percent, the Monthly Income Scheme (MIS) and the Pu...

November 13, 2011 9:24 PM

2-Day Indo-Pak Commerce Secretary level talks begin on Monday

The two day Commerce Secretary level talks between India and Pakistan begins in New Delhi on Monday to give a push to the bilateral trade. Commerce Secretary Rahul Khullar will hold discussion with his Pakistani counterpart Zafar Mehmood in New Delhi. Mr Mehmood told reporters on his arrival to New ...

November 13, 2011 8:14 PM

31st IITF: Handicrafts, SME products to be major attraction

Indian handicrafts from all states across the country and products made by small and medium enterprises will be the major attraction at the 31st edition of the India International Trade Fair beginning in New Delhi on Monday. Apart from domestic participants, exhibitors from over 33 foreign countries...

November 13, 2011 8:13 PM

Fresh subsidies for lowering fuel prices to increase budgetary burden: PM

The Prime Minister has said that any fresh subsidies for oil marketing companies to bring down fuel prices would only increase the government's budgetary burden, which eventually could aggravate the inflationary pressures even further. Dr. Manmohan Singh said this during his interaction wit...

November 13, 2011 7:39 PM

2-Day Indo-Pak Commerce Secretary level talks begin in New Delhi on Monday

The two day Commerce Secretary level talks between India and Pakistan begins in New Delhi on Monday to give a push to the bilateral trade. Commerce Secretary Rahul Khullar will hold discussion with his Pakistani counterpart Zafar Mehmood in New Delhi. Mr Mehmood told reporters on his arrival to New ...

November 13, 2011 7:22 PM

2-day Indo-Pak Commerce Secretary level talks begin in New Delhi tomorrow

The two day Commerce Secretary level talks begin in New Delhi tomorrow to give a push to the bilateral trade. Commerce Secretary Rahul Khullar will hold discussion with his Pakistani counterpart Zafar Mehmood in New Delhi. Mr Mehmood told reporters on his arrival to New Delhi that the trade relation...

November 13, 2011 7:20 PM

Two-day Commerce Secretary level talks begin in New Delhi tomorrow

The two day Commerce Secretary level talks begin in New Delhi tomorrow to give a push to the bilateral trade. Commerce Secretary Rahul Khullar will hold discussion with his Pakistani counterpart Zafar Mehmood in New Delhi. Mr Mehmood told reporters on his arrival to New Delhi that the trade relation...

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