Sensex trading up by 256 pts

The BSE benchmark Sensex was trading up by 256 points at 16488 a short while ago. The Sensex opened 77 points higher in early trade today, extending Friday's gains on continued buying by foreign funds amid a firming trend overseas. The wide-based National Stock Exchange index Nifty was also...

Merkel & Sarkozy propose comprehensive packages to counter Euro Zone debt crisis

German Chancellor Angela Merkel and French President Nicolas Sarkozy have announced that they will present a comprehensive package of proposals to solve the euro zone sovereign debt crisis and support financially-troubled European banks by the end of this month. The two leaders said this after a mee...

Rupee appreciates by 8 paise against Dollar

The Indian rupee appreciated by 8 paise to 49 rupees 7 paise per US dollar on the Interbank Foreign Exchange in early trade today.Capital inflows into the equities market by foreign funds gave support to the rupee's rise. The rupee ended higher at 49 rupees 16 paise per US dollar in the pre...

Sensex gains 76 pts in opening trade

The BSE benchmark Sensex gained 77 points in opening trade today, extending Friday's gains on continued buying by foreign funds amid a firming trend overseas. The 30-share index rose by 77 points, or 0.47%, to 16,310 on the back of buying in IT, refinery, consumer durable and tech sector st...

Mahant inaugurates India pavilion at German international food fair

The Minister of State for Agriculture and Food Processing Industries Mr. Charan Das Mahant on Saturday inaugurated the India pavilion at an international food fair in Cologne, Germany. According to an official statement issued in New Delhi on Sunday, Mr. Mahant led the Indian delegation to the event...

Indian Handicrafts and Gifts Fair from Oct 15

Central government is organising a handicraft exhibition to attract buyers from regions like Latin America, Central Asia and Africa.Craftsmen from all over the country will exhibit their eco-friendly products at a handicrafts fair along the Greater Noida Expressway, which will start from 15th of thi...

Tea production increases up to 7%

In Assam, the tea production went up by seven percent upto August this year in comparison to year-ago period. Official sources said that the state has recorded an increase of tea production to around 85 million kg in August, compared to 78.63 million kg in the year-ago period.With the increased of t...

'Operation Swiper' nets 111 people in largest ID theft case in US

Sarkozy meeting IMF Chief on Euro debt crisis

French President Nicholas Sarkozy is meeting the Head of the International Monetary Fund, Christine Lagarde later today to discuss the European debt crisis. It is part of a flurry of activities over the weekend after which the French President heads to Berlin on Sunday for talks with the German Chan...

Gross Direct Tax collections up 23%

Gross Direct Tax collections during the first half of the current fiscal increased by 23% compared to the corresponding period last fiscal. The Net Direct Taxes in the same period grew by over seven percent. Net direct taxes are calculated by deducting refunds from the gross taxes. According to data...