Business

September 28, 2011 10:12 AM

Sensex rises by 472

The Bombay Stock Exchange benchmark Sensex which rose by 472 points in the previous session, eased by 16 points, or 0.10 per cent, to 16,507 in the first five minutes of trade on Wednesday.The wide-based National Stock Exchange Nifty index shed 6 points, or 0.13 per cent, to 4,964, with stocks of re...

September 28, 2011 9:08 AM

World Stock markets rise sharply

Stock markets across the world have risen sharply as hopes increased of a new plan to deal with the Eurozone debt crisis. French Cac index ended up 5.7%, Germany's Dax was 5.3% higher and UK's FTSE rose by 4%. Shares in New York have also risen amid speculation that the European ba...

September 28, 2011 8:59 AM

GSRTC announces hike in fare by 10.69%

Gujarat State Road Transport Corporation (GSRTC) has announced hike in fare by 10.69% due to increase in diesel, CNG and spare parts prices. This was announced on Tuesday evening and new increased fare became applicable from midnight on Tuesday night.

September 27, 2011 8:06 PM

Sugar prices to remain stable for coming months: Govt.

Government on Tuesday said that sugar prices will remain stable for coming months on the back of bumper production. Food and Public Distribution Minister K V Thomas on Tuesday said that over 24 million tonnes of sugar was produced this year which is much more than the country's consumption....

September 27, 2011 6:37 PM

Asian markets surge on EU plan hopes

Asian markets surged, on Tuesday, on reports that European policy makers are considering new plans to support European countries struggling with debt. So Japan's Nikkei rose 2.8%; Hong Kong's Hang Seng soared 4.2%; China's Shanghai Composite index rose 0.9%; South Korea&am...

September 27, 2011 6:04 PM

Gold gains Rs 275 to Rs 27,015 per ten grams<br/>

Gold gained 275 rupees, to 27,015 rupees per ten grams at Delhi&apos;s bullion market, on Tuesday, on emergence of buying by stockists and jewellery makers at lower levels, supported by a rebound in the global markets. Silver rose 1,500 rupees, to 55,000 rupees per kilo. Silver coins spurted 5,0...

September 27, 2011 6:03 PM

India's steel production to touch 200 mn tonnes by 2020

Union Steel Ministry has aimed at 200 million tonnes of steel production by 2020. Releasing the agenda for the next 100 days for his ministry in New Delhi on Tuesday, Steel Minister Beni Prasad Verma said proactive measures will be taken to ensure time bound progress for all Public Sector projects. ...

September 27, 2011 6:02 PM

Sensex up by 473 points

Snapping a four-session losing streak, the Sensex at the Bombay Stock Exchange zoomed 473 points, or 3 percent, to 16,524, on reports of a proposal to cut the Securities Transaction Tax, and on the back of rising global markets, on Tuesday. The Sensex had lost more than 1,000 points in the last four...

September 27, 2011 4:46 PM

Sensex up by 473 points

Snapping a four-session losing streak, the Sensex at the Bombay Stock Exchange zoomed 473 points , or 3 percent, to 16,524, as investors bought beaten-down stocks, on the back of rising global markets, on Tuesday. The Nifty at the National Stock Exchange spurted 136 points, or 2.8 percent, to 4,971.

September 27, 2011 2:20 PM

Sensex up by 485 pts

The Bombay Stock Exchange benchmark Sensex which rebounded by almost 305 points in opening trade on Tuesday was trading over 485 points at 16536 a short while ago. Likewise, the wide-based National Stock Exchange Nifty Index also moved up by 142 points, at 4,977. In the Asian region, Hong Kong&a...

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