BSE Sensex gains 66 points

The BSE benchmark Sensex recovered by 67 points in early trade today on renewed buying mainly in the PSU and realty sectors on the back of firm Asian stocks and higher US index futures. The BSE benchmark Sensex resumed higher at 18,276 and shot up further to 18,380 before quoting at 18,332 at 1015 h...

Oil companies to supply fuel for three months to Air India

State-run oil companies were directed to meet the Air India's fuel requirements for three months to allow it to fully restore its operations. Oil companies had restricted fuel supply to it over non-payment of dues.The decision came following the intervention of Civil Aviation Minister Vayal...

BSE Sensex gains 84 points in opening trade

The Bombay Stock Exchange benchmark Sensex gained over 84 points in opening trade today, snapping a four-session losing streak. The 30-share index of the Bombay Stock Exchange, which has lost over 228 points in the previous four sessions, recovered by 0.45 per cent, to 18,350 in the first few minute...

Govt. expects to achieve a record rice production

The government expects to achieve a record rice production of 102 million tonnes in the July 2011 to June 2012 crop year. Speaking to reporters in New Delhi, Agriculture Secretary P K Basu said, this year, the starting of monsoon rain has been good. Mr Basu expressed confidence that if this kind of ...

BSE Sensex ends with marginal loss of 3 pts

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange ended with a marginal loss of 3 points, at 18,266, on weak global cues, today. The Sensex had lost over 220 points in the last three trading sessions. The Nifty at the National Stock Exchange fell 3 points, to 5,483. St...

India's growth drivers intact: FM

Union Finance Minister Pranab Mukherjee has said India's growth drivers are intact and the Centre is committed to policy reforms. Addressing a seminar on Adapting Tax System and International Tax Rules to the New Global Environment in New Delhi today, Mr Mukherjee admitted that there is som...

BSE Sensex falls 9 points in afternoon deals

The Sensex at the Bombay Stock Exchange fell 109 points, or 0.5 per cent, to 18,159, in opening trade this morning, on sustained selling by investors, amid weak Asian markets. Later, the Sensex rebounded modestly into positive territory, only to again fall 9 points into the negative zone, at 18,260,...

Net direct tax collection declines by 48 percent

The gross direct tax collection for the first two months of this fiscal was up by 37 percent while the net direct tax collection declined by 48 percent in the same time period. According to the data released by the Finance Ministry, the decline in the net direct taxes was due to more than 200 per ce...

Era of banking secrecy is over: FM

BSE Sensex recovers and up by 12 points in afternoon trade

The BSE benchmark Sensex which opened 110 points in red, recovered some of its ground and was trading 12 points up at 18280 points in afternoon trade.Similarly, the wide-based National Stock Exchange Nifty index gained 2 points to 5,464.