Indian economy may face brunt if slow recovery continues in US, Europe: Pranab

Amid burgeoning US debt problem, Finance Minister Pranab Mukherjee cautioned that Indian economy may face the brunt if slow recovery continues in US and Europe. In an exclusive interaction with All India Radio, Mr Mukherjee said that not only India, but the world output growth is also going to suffe...

Sensex ends with marginal loss of 12 pts

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange ended with a marginal loss of 12 points, or 0.1 percent, at 18,197, amid weak global markets, on Friday. The Nifty at the National Stock Exchange fell 6 points, or 0.1 percent, to 5,482.Stock markets in Japan, China, Ho...

ICAI asks govt. to amend Income Tax Act

Institute of Charted Accountants of India, ICAI appeal ed the government to amend the Income Tax Act in order to empower Accountants to examine foreign bank accounts closely in black money cases. Briefing reporters in New Delhi on Friday G Ramaswamy, President of ICAI said that an empowered group ha...

Nepal to expand economic ties with West Bengal

BSE Sensex trading in positive zone

The Sensex at the Bombay Stock Exchange fell 75 points, to 18,134 in opening trade, this morning, on continued selling by investors, amid weak global markets. Later, the Sensex swung between negative and positive territory, in very volatile trade, and stood a small 13 points, or 0.1 percent in the p...

India and EU reach an interim settlement

India and European Union, EU, have reached an interim settlement under which none of its members will detain Indian generic medicines transiting through Europe on suspicion of intellectual property right (IPR) violations. Additional Secretary in the Commerce Ministry Rajiv Kher told reporters in New...

PMEAC to release assessment report on India's economy

Prime Minister's Economic Advisory Council, PMEAC, will release its assessment report on India's economy on Monday. The report is likely to recommend measures to spur growth in the wake of deteriorating investment climate and rise in inflation in the recent times. The PMEAC has alr...

India invites Mongolian entrepreneurs to invest in India

NIESBUD launches skill training programme

National Institute Entrepreneurship and Small Business Development, NIESBUD, has launched a skill training programme to train 35,000 youth by the end of this year. The programme has been initiated in the states like West Bengal, Uttar Pradesh, Odisha, Bihar, Chhatisgarh and Jharkhand. According to t...

BSE Sensex falls 75 points in early trade

The Sensex which lost over 661 points in the previous three sessions, moved down further by 75 points, to 18,134 in the first few minutes of trade today, with stocks of metal, realty and banking companies remaining under pressure.Similarly, the Nifty shed 26 points, to 5,461.