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October 24, 2011 9:58 AM
The BSE benchmark Sensex, which had lost nearly 300 points over the past two trading sessions, bounced 300 points, or 1.79 per cent, to 17,086 points in the first five minutes of trade today. Similarly, the wide-based National Stock Exchange Nifty index moved up by 91 points, or 1.80 per cent, to 5,...
October 23, 2011 8:24 PM
The Revenue Department has decided to cross check service tax returns in order to locate 9 lakh entities that have stopped filing returns. E -filing has been made mandatory from this year and the exercise of cross checking is likely to start after December 26, the last date for e-filing. According t...
October 23, 2011 7:42 PM
Assam has been ranked 1st in rice production in 2010-11 by the Union Agriculture Ministry. A statement released by the state Agriculture department said that the State scored 93 points out of one hundred to get the first rank. The department also said that the state has produced around 51 lakh Metri...
October 23, 2011 7:19 PM
Government is taking steps to reduce food inflation. Talking to Newspersons in Kolkata on the sidelines of a review meeting with revenue officials Union Finance Minister Pranab Mukherjee has said rise in food inflation to double digit is a matter of great concern. He said to remove supply constraint...
October 23, 2011 1:41 PM
All the 27 European Union leaders are meeting in Brussels today to decide measures to prevent Europe's financial crisis from spiraling out of control. British Prime Minister is set to join the EU leaders. Ahead of the meeting in Brussels, German Chancellor Angela Merkel said she believed th...
October 22, 2011 10:25 PM
A crucial meeting of the Financial and Economic Committee of the Gulf Cooperation Council (GCC) is being held at Abu Dhabi on Saturday. The meeting, chaired by Sheikh Hamdan bin Rashid Al Maktoum, the Deputy Ruler of Dubai and the Finance Minister of UAE will take stock of the progress in areas of e...
October 22, 2011 1:05 PM
A crucial meeting of the Financial and Economic Committee of the Gulf Cooperation Council (GCC) is being held at Abu Dhabi today. The meeting, chaired by Sheikh Hamdan bin Rashid Al Maktoum, the Deputy Ruler of Dubai and the Finance Minister of UAE will take stock of the progress in areas of economi...
October 21, 2011 9:45 PM
Union Minister of Petroleum and Natural Gas Mr Jaipal Reddy has said the country's refining capacity is expected to cross 230 million metric tonnes per annum (MMTPA) by next fiscal as against the current level of 193(.)38 MMTPA.He was dedicating to the nation the capacity expansion and mode...
October 21, 2011 8:51 PM
At the Interbank Foreign Exchange market, the rupee weakened 22 paise, to close at a 30-month low of 50.02 against the dollar. The rupee fell on strong dollar demand, and signs of fresh capital outflows.
October 21, 2011 7:41 PM
US markets ended mixed on Thursday, as European leaders sought to reassure investors that a solution to the debt crisis would come soon. Germany and France released a statement on Thursday, saying that leaders would now hold two summits to discuss the debt crisis, with a solution in place by Wednesd...
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