Business

September 5, 2011 6:02 PM

Domestic coal production target could not be achieved in 2010-11: Jaiswal

The country's domestic coal production target could not be achieved in 2010-11 mainly on account of Environment Ministry not allowing the expansion of projects falling in areas categorised as critically polluted under Comprehensive Environment Pollution Index (CEPI).Coal Minister Sriprakash...

September 5, 2011 2:30 PM

Sensex loses more than 160 pts, as global markets fall

The Sensex at the Bombay Stock Exchange opened 190 points, or 1.1 per cent lower, at 16,631, in opening trade, this morning, as investors resorted to profit-booking, amid falling global markets. But later, after losing more than 240 points at one stage, the Sensex staged a good recovery and stood ju...

September 5, 2011 2:09 PM

Sensex loses more than 160 pts, as global markets fall

The Sensex at the Bombay Stock Exchange was trading 242 points in the negative territory at 16,579, when reports last came in. The 30-share index, which had gained over 972 points in the previous three sessions, declined by 190 points in opening trade on Monday. In a similar fashion, the wide-based ...

September 5, 2011 12:01 PM

Rupee down by 19 paise

The Indian rupee was down 19 paise at Rs 45.98 per US dollar in early trade today. The rupee resumed lower at Rs 45.97 per dollar and moved down further to Rs 45.98 per dollar before quoting at Rs 45.92 per dollar.

September 5, 2011 10:58 AM

Crude oil prices fall in Asian trade

Crude oil prices fell in Asian trade on Monday as concerns over the US and Chinese economy put a damper on prices. New York's main contract, light sweet crude for delivery in October, dipped 59 cents to USD 85.86 per barrel. Brent North Sea crude for October delivery shed 74 cents to USD 11...

September 5, 2011 10:27 AM

Sensex declines by over 190 pts in opening trade

The Bombay Stock Exchange benchmark Sensex declined by over 190 points in opening trade on Monday as funds and retail investors locked in gains recorded in the past few sessions amid a weakening trend overseas. The 30-share Sensex, which had gained over 972 points in the previous three sessions, fel...

September 5, 2011 9:03 AM

ADB approves $ 500 million loan to improve Indian rail services

Asian Development Bank has approved 500 million dollar loan to help India improve rail services. According to official release the bank has approved a multi-tranche financing facility for the Railway Sector Investment Program, RSIP. It will target freight and passenger routes in Chhattisgarh, Odisha...

September 4, 2011 7:16 PM

ADB approves $500 million loan for India to improve rail services

Asian Development Bank, ADB has approved 500 million dollar loan to help India improve rail services. According to official release the bank has approved a multi-tranche financing facility for the Railway Sector Investment Program, RSIP. It will target freight and passenger routes in Chhattisgarh, O...

September 4, 2011 5:19 PM

Cotton export projected to jump by 21%

Country's cotton exports are projected to jump by 21 per cent to 8 million bales in the 2011-12 marketing year starting from August to July. According to a report published by the US Department of Agriculture, USDA, it is due to less restrictive government policies in India. In the 2010-11 ...

September 3, 2011 1:25 PM

IMF to release $2.1 bn more for Ireland bailout

The International Monetary Fund (IMF) has agreed to release another $2.1 billion of the rescue package for Ireland that was agreed last December. The IMF said the Irish economy was showing signs of stabilisation, and Ireland had resolutely implemented austerity measures. Ireland's budget an...

Most Read

View All arrow-right

No posts found.