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August 29, 2011 8:19 PM
The government on Monday said it has cleared 123 foreign direct investment (FDI) proposals worth over 19,711 crore rupees during the current fiscal till August 23. Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply to the Lok Sabha that on August 23 this year, 2...
August 29, 2011 8:19 PM
Gold plunged 600 rupees, to 27,490 rupees per ten grams at Delhi's bullion market, on Monday, on heavy selling by stockiest, amid a weak trend in the overseas market. Silver tumbled 1,800 rupees, to 62,800 rupees per kilo.Overseas, gold fell 0.9 per cent, to 1,812 dollars an ounce.
August 29, 2011 7:13 PM
The government on Monday said it has cleared 123 foreign direct investment (FDI) proposals worth over 19,711 crore rupees during the current fiscal till August 23. Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply to the Lok Sabha that on August 23 this year, 2...
August 29, 2011 6:21 PM
The Reserve Bank of India on Monday unveiled the draft guidelines on new banking licenses, pegging the minimum required capital to set up a bank by a corporate at 500 crore rupees. At present, the minimum capital requirement for the banking sector is 300 crore rupees. The RBI said, in its draft guid...
August 29, 2011 5:18 PM
Lifted by rising global markets, the Sensex at the Bombay Stock Exchange surged a massive 568 points--its biggest single-day gain in nearly six months--to close well above the 16,000 level, at 16,416, on Monday. The Nifty at the National Stock Exchange spurted 172 points, or 3.6 percent, to 4,920.St...
August 29, 2011 4:18 PM
Gold plunged 600 rupees, to 27,490 rupees per ten grams at Delhi's bullion market, on Monday, on heavy selling by stockiest, amid a weak trend in the overseas market. Silver tumbled 1,800 rupees, to 62,800 rupees per kilo.Overseas, gold fell 0.9 per cent, to 1,812 dollars an ounce.
August 29, 2011 2:13 PM
Finance Minister Pranab Mukherjee today said that India should capitalize on the opportunities to substantiate its position at the time of global economic crisis. Addressing a seminar to mark the Golden Jublee celebrations of Indian Economics Services in New Delhi, Mr. Mukherjee said that India has ...
August 29, 2011 2:07 PM
The Indian rupee shot up by 35 paise to 45 rupees, 80 paise against the US dollar in early trade today on fresh selling of dollars by banks and exporters amid hopes of a resumption of capital inflows.
August 29, 2011 2:05 PM
Rebounding smartly, the Sensex at the Bombay Stock Exchange spurted 326 points, or 2.1 per cent, to regain the 16,000 level, at 16,175, in opening trade, this morning, on across-the-board buying by investors, triggered by a rally in the other Asian bourses. Afterwards, the Sensex gathered even more ...
August 29, 2011 10:39 AM
The Indian rupee rose sharply by 21 paise to 45.94 rupees per US dollar in early trade on the Interbank Foreign Exchange today amid dollar weakness against a basket of other Asian currencies overseas and a rebound in the domestic stock market. The rupee had ended 11 paise lower at 46.15 against the ...
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