Business

June 30, 2011 8:08 PM

India's May infrastructure output up 5.3 %

India's infrastructure sector output grew 5.3 per cent in May, slightly faster than an annual growth of 5.2 per cent in April. Government data released today said, during April-May, output rose 4.9 percent from the 7.9 per cent a year ago. The infrastructure sector accounts for 26.7 per cen...

June 30, 2011 6:06 PM

Sensex gains 152 points

Extending its gains for the sixth straight session, the Sensex at the Bombay Stock Exchange jumped 152 points, or 0.8 percent, to 18,846, today, amid a sharp fall in food inflation, easing concerns over the Greek debt crisis, and firm global markets. The Sensex has now gained almost 1,300 points in ...

June 30, 2011 5:54 PM

Gold slips to <img src="rs.png" border="0" /> 22320 per ten grams

Gold slipped 120 rupees to 22,320 rupees per ten grams, in Delhi&apos;s bullion market, today, on sluggish demand, amid a weak global trend.But silver rose 550 rupees, to 52,700 rupees per kilo on increased offtake by industrial units and jewellery fabricators.In the global markets, gold fell ne...

June 30, 2011 4:49 PM

Toyota to recall more than 1 Lakh 10,000 hybrid vehicles

The world&apos;s biggest carmaker Toyota is to recall more than 1 Lakh 10,000 hybrid vehicles over concerns about a problem with the power supply circuit. The Japanese carmaker said the recall involves the Highlander hybrid and Lexus RX400h models. In a statement, the company said the vehicles c...

June 30, 2011 1:58 PM

Sensex sheds early gains, up by 83 points

The Sensex at the Bombay Stock Exchange rose 104 points, or 0.6 per cent, to 18,798 in opening trade, this morning, as investors continued to buy stocks, amid firm Asian bourses. Later, the Sensex pared its gains, but still stood 83 points, or 0.4 percent in the positive zone, at 18,776, in afternoo...

June 30, 2011 11:40 AM

25 paise coins cease to be legal tender

Twenty five paise coins cease to be legal tender from Thursday. The Reserve Bank of India had earlier said coins of the denomination of 25 paise and below will cease to be legal tender from June 30th. RBI said the coins will not be accepted for exchange at bank branches from July 1st 2011 onwards. A...

June 30, 2011 10:07 AM

Sensex gains 104 points in early trade

The BSE benchmark Sensex extended its gains for the sixth day by adding another 104 points in opening trade on Thursday. The 30-share index of the Bombay Stock Exchange, which has gained over 1,145 points in the previous five sessions, moved up further by 104.42 points, or 0.56 per cent, to 18,798.2...

June 29, 2011 5:45 PM

Sensex gains 201 points

Advancing for the fifth straight session, the Sensex at the Bombay Stock Exchange jumped 201 points, or 1.1 percent, to a two-month high of 18,694, today, in line with rising global markets. The Sensex had already rallied more than 940 points in the past four trading sessions. The Nifty at the Natio...

June 29, 2011 4:50 PM

Govt able to meet fiscal deficit target of 4.6 % for 2011-12

Government will be able to meet its fiscal deficit target of 4.6 per cent for 2011-12 despite duty reduction on crude petroleum and diesel. Talking to a select group of reporters in New Delhi today, Finance Secretary Sunil Mitra, however, admitted that rise in diesel and cooking gas prices will lead...

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