Business

June 10, 2011 2:07 PM

Sensex down in afternoon trade

The Sensex at the Bombay Stock Exchange opened 18 points lower, at 18,367, on Friday morning, on continued selling by investors, ahead of the release of industrial output data for April. Later, after the release of the data, the Sensex declined more than 100 points. But it later recovered somewhat, ...

June 10, 2011 1:25 PM

Industrial Production records 6.3% growth in April

Industrial production in the country registered a growth of 6.3 per cent in April, according to the official data released today with a base year of 2004-05 . The data says, manufacturing growth in April stood at 6.9 per cent, while mining and electricity production was up 2.2 per cent and 6.4 per c...

June 10, 2011 1:09 PM

Strike at Maruti's Manesar plant enters seventh day

The country's largest car-maker Maruti Suzuki India on Friday said production at its Manesar facility continues to be completely stopped as the workers' strike at the plant entered its 7th day. "The situation is the same as yesterday," a company spokesperson told ...

June 10, 2011 1:06 PM

Strike at Maruti's Manesar plant enters seventh day

The country's largest car-maker Maruti Suzuki India on Friday said production at its Manesar facility continues to be completely stopped as the workers' strike at the plant entered its 7th day. "The situation is the same as yesterday," a company spokesperson told ...

June 10, 2011 12:33 PM

Industrial Production records 6.3% growth in April

Industrial production in the country registered a growth of 6.3 per cent in April. The new series data which was released today with a base year of 2004-05 says, the slowdown of the economy was clear as factory output dropped to just 4.4 per cent. The poor performance of the manufacturing and mining...

June 10, 2011 11:42 AM

Sensex declines by another 49 points in early trade

The BSE benchmark Sensex declined by another 49 points in early trade today due to selling in select counters mainly oil and gas, auto, power and PSUs, triggered by lower Asian cues. Car-maker Maruti Suzuki India extended its recent losses as the strike by workers at the company's Manesar, ...

June 10, 2011 10:18 AM

Sensex declines 18 points in opening trade

The BSE benchmark Sensex opened over 18 points lower today. The 30-share barometer, which lost over 110 points in the previous two sessions, fell further by 0.10 per cent, to 18,366 points in the first five minutes of trade. Similarly, the wide-based National Stock Exchange Nifty index slid by 11.40...

June 9, 2011 8:22 PM

CSO to launch new series of IIP on Friday

The Central Statistical Organisation will launch a new series of India's Index of Industrial production (IIP) on Friday. The new series will have 2004-05 as base year and 45 per cent more items on the list. The IIP is index which details out the growth of various sectors of economy such as ...

June 9, 2011 8:19 PM

PM's Economic Advisory Council suggests increase in petro prices

Prime Minister's Economic Advisory Council on Thursday suggested increase in prices of petroleum products to restrict the fiscal deficit to 4.6 per cent in the current fiscal. Talking to the media in New Delhi, the Chairman of the Council C Rangarajan said, review of administered prices, pa...

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