Business

August 4, 2011 11:04 AM

Rupee down by 4 paise against US dollar

The rupee weakened by 4 paise to trade at 44.35 against the US currency in early trade today due to a fair demand for dollar. The rupee had lost 4 paise at close yesterday.

August 4, 2011 10:11 AM

Sensex gains 63 points in opening trade<br/>

The Bombay Stock Exchange Sensex today regained the psychological 18,000 points level by gaining nearly 63 points in early trade on selective buying by funds and retail investors amid firm Asian trends. The 30-share index recovered by 63 points, to trade at 18,003 in early trade. The wide-based Nati...

August 3, 2011 8:50 PM

GoM to finalise policy on partially decontrolling urea prices

A group of ministers headed by Finance Minister Pranab Mukherjee will meet on Friday to finalise the policy on partially decontrolling urea prices. Sources in Fertilizer ministry said, GoM will discuss the draft policy, prepared by the Committee of Secretaries headed by Planning Commission member Sa...

August 3, 2011 8:49 PM

Govt in talks with major retail chains to provide display space for handloom

Government is in talks with major retail chains to provide display space in their stores for handloom and handicraft products. This is being done to promote country&apos;s handloom sector. Textile Secretary Rita Menon told reporters in New Delhi that her ministry had invited all major domestic r...

August 3, 2011 7:56 PM

GoM to finalise policy on partially decontrolling urea prices

A group of ministers headed by Finance Minister Pranab Mukherjee will meet on Friday to finalise the policy on partially decontrolling urea prices. Sources in Fertilizer ministry said, GoM will discuss the draft policy, prepared by the Committee of Secretaries headed by Planning Commission member Sa...

August 3, 2011 5:15 PM

Gold hits all-time high of 24,330 rupees per 10 grams

Gold rose 640 rupees, to hit a fresh all-time high of 24,330 rupees per ten grams at Delhi&apos;s bullion market on Wednesday following heavy buying by stockists amid a rally in the overseas market. Silver jumped 1,500 rupees, to 60,100 rupees per kilo.In the global markets, gold surged to an al...

August 3, 2011 5:14 PM

Sustained selling pulls down Sensex by 169 points

The Sensex at the Bombay Stock Exchange on Wednesday declined 169 points, or 0.9 percent, to close below the 18,000 mark, at an over six-week low of 17,941 on continued selling by investors, amid falling global markets. The Nifty at the National Stock Exchange lost 52 points, or 1 percent, to 5,405....

August 3, 2011 2:43 PM

Govt committed to improve conditions of handicraft sector: Sachin Pilot

Government today said that it will encourage private sectors to create a vibrant market for the small scale handicraft industry. Inaugurating an exhibition of artisans and weavers in New Delhi, Minister of state for Communications and IT, Sachin Pilot said that government is taking effective measure...

August 3, 2011 2:34 PM

FDI in Multi Brand Retail Trading to generate millions of jobs : Anand Sharma

The government today said that the FDI in the Multi Brand Retail Trading will generate millions of jobs and 50 per cent of them will be reserved for rural people. Replying to a question in Rajya Sabha, the Commerce and Industry Minister Anand Sharma said the government is committed to bring such a F...

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