Ramesh launches new green technology for leather industry

In a step to protect Ganga from pollution, Environment Minister Jairam Ramesh on Sunday launched a new green technology here that prevents water released by the leather processing units from contaminating the river."Close to 50 per cent of the leather processing units in the Ganga river bas...

Govt. forms panel to boost exports of manufacturing sector

The government has set up a committee to recommend measures to boost exports of manufacturing sector. The development comes close on the heels of Prime Minister Manmohan Singh giving an in-principal approval to a new manufacturing policy that aims at creating 10 crore jobs by 2025. Official sources ...

Sensex tumbles by 384 points in early trade

The BSE benchmark Sensex dropped sharply by 384 points in early trade today, extending its losses for the fourth straight session. The BSE benchmark Sensex resumed higher at 17,925, but later it dropped sharply to a low of 17,314 before quoting at 17,486 at 1015 hours, showing a sharp loss of 2.15 p...

Sensex down by over 72 pts

The BSE benchmark Sensex fell by over 72 points in early choppy trade today, extending its losses for the fourth straight session. The 30-share barometer, which has lost over 438 points in the previous three sessions, moved down further by 0.40 per cent, to 17,798 in early trade today. Stocks of tec...

Delhi, Maha attract over 50 % of FDI in 2010-11

Fast improving infrastructure sector in Maharashtra and national capital Delhi has helped these regions attract more than 50 per cent of country's total foreign direct investment receipt in 2010-11, according to an official report. While Maharashtra attracted 27,669 crore rupees as FDI last...

Strike at Maruti's Manesar plant called off

The 13-day strike at the country's largest car maker Maruti Suzuki India's (MSI) Manesar plant in Gurgaon was called off late Thursday following a deal brokered by Haryana Chief Minister Bhupinder Singh Hooda between the workers and the management.As part of the deal, MSI will rein...

Govt extends tax incentive for exporters

In a step that will benefit the exports sector, the Government has extended the tax incentive scheme for exporters, Duty Entitlement Pass Book (DEPB), till September 30. The Directorate-General of Foreign Trade in a statement said the scheme gets an extension of three months from June 30 to Septembe...

BSE Sensex down 115 points

Sensex down by 87 pts in afternoon trade

Erasing all its initial gains, the Sensex at the Bombay Stock Exchange stood 87 points, or 0.5 percent in negative territory, at 17,899, in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had gained 79 points, at 18,065, on bargain-hunting by investors, in beaten down...

Sensex down by 101 pts

Erasing initial gains, the Bombay Stock Exchange Sensex was down by 101 points at 17,885 points when reports last came in. The Sensex, which had gained nearly 79 points in opening trade, after a while fell by over 82 points, after stocks of technology, oil and gas, capital goods and auto companies s...